What is the process to sell the unit trust from SRS account.
DBS 9.9 Promos - Unit Trust $18 cashback
DBS is having the upcoming 9.9 extra bonus day:
Details here : https://www.dbs.com.sg/personal/extrabonusday
For me I'm expectant for the $18 cashback from Unit Trust & Digiportfolio.
There's 2 Sustainability linked UT to choose from, Ninety One Global Environment Fund & BNP Paribas Global Environment Fund.
Let me know your thoughts if you concur with me and which of the two you are going for!
I'll be going for the BNP Paribas fund because it's more well established with a good track record. However, downside is that the price is slightly more pricy than the Ninety One.0 2
Did you know? We have a great inbuilt Fund Search Tool! Click here.
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Click to enlarge!
Don't forget to check 'Display Focus Funds First' to check out the bank's investment views, and how they might come in handy when you're evaluating your next fund purchase.0 0
All about Unit Trusts
Did you know that 95% of Unit Trust holdings for DBS/POSB customers are in Singapore Dollars? Check out fun facts and this series of bite-sized learning on The Basics of Unit Trusts. #growwiththeburrow0 0
Understanding Unit Trusts/Funds
How do funds work? Follow this basic illustration to show you where your money goes! Unit Trusts are professionally managed funds to help you grow your wealth.
A Unit Trust invests a pool of money, collected from a number of investors, in a range of assets. By pooling your money with that of other investors, you’ll be able to invest in a wide range of assets. Successful investments in the assets add value to the fund and their returns are then distributed back to investors.
Types of Unit Trusts
What are the different types of funds that DBS offers, and why should you invest in them? Investing in a unit trust gives you the flexibility to invest in the geography/region, fund house, sector/industry, and even assets that you are interested in!
Check out the list of focus funds using the Fund Search Tool: https://go.dbs.com/2BFXYyj0 0
How do I get started?
When you invest in a Regular Savings Plan (RSP) or make a one-time lump sum investment, your Multiplier Account will take in eligible transactions under the Investment category.
Q: I currently make monthly contributions with a RSP. What do I do after the 12 months are up?
A: You can make invest in other funds (similarly set up as a RSP) or do a lump sum investment (one-off for that month), or you can buy equities through Vickers.
Q: I am currently on a RSP but I don't see my additional interest!
A: Ensure your RSP is set up AFTER your Multiplier Account is opened. It also needs to be contributed in "CASH".
Risk appetite and Dollar Cost Averaging (DCA)
It is important to know what your risk appetite is when you are investing. To get a gauge of your risk appetite, you can invest a small amount of money (e.g. S$100), and then the next time the market drops, ask yourself "how do I feel?". If you start to feel jittery or nervous, then you probably have a lower risk appetite (i.e. more conservative).
For newer or more conservative investors, DCA is an important concept to understand. DCA also makes investing in UTs affordable!
Start as little as S$100 per month. Here's the DBS Funds Search tool for you to see all the UTs available on DBS/POSB: https://go.dbs.com/2BFXYyj!
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