As this is an ETF to be listed on SGX, one can buy a lesser unit and pay the normal commission. Investors are unlikely to sell lower than $1 per share, given that they have already forked out SGD450 for 50,000 shares. Investors are still subject to 17% tax withholding and management fee which isn't known currently. REIT is not as difficult to understand compared to stocks, and moreover a lot of information is available for it. For me, I will give it a miss. How much more will S-REIT move, given the already moribund market? This is not your DJ or S&P index...
The fees made me wanna flee away. lol
As this is an ETF to be listed on SGX, one can buy a lesser unit and pay the normal commission. Investors are unlikely to sell lower than $1 per share, given that they have already forked out SGD450 for 50,000 shares. Investors are still subject to 17% tax withholding and management fee which isn't known currently. REIT is not as difficult to understand compared to stocks, and moreover a lot of information is available for it. For me, I will give it a miss. How much more will S-REIT move, given the already moribund market? This is not your DJ or S&P index...
How is this the first reit ETF in SG?