Dear Mr. Tan,
There are several types of Singapore equity. Eg. AXA Inspire Singapore Equity Fund, DBS Horizon Singapore Equity, DBS Aberdeen Singapore Equity. What is the difference between them all? Isn't all Singapore equity?
REPLY
Each fund manager decides on the stocks, within the class of Singapore equity, that they wish to invest in. The return depends on the stock selection made by each fund manager.
I prefer to invest in a fund, such as the STI ETF that invests in the index stocks. It is well diversified and is low cost. You will get a better net return over the long term.
Read this FAQ:
http://www.tankinlian.com/faq/returns.html
http://www.tankinlian.com/faq/expense.html
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