NTUC Income Fund prices

[garlic]

The fund prices of some of their managed funds have dropped below what it was more than four years ago. Their Singapore Equity Fund currently at 2.645, a drop from the high of 3.257 May this year. All other funds are doing badly too.. Sign of things to come...

 

[virus]

The fall is part of Sg50 celebration. Yay!!!!

 

[johnny333]

fortunately I got out of the Spore market.

It's too expensive to invest in Spore. There are plenty of hidden costs e.g. Larger trading lots requirement, services charges for holding securities, gst charged on dividends, ...

Even where there are no charges, over time the authorities will inevitably bring in all kind of charges

 

[garlic]

fortunately I got out of the Spore market.

It's too expensive to invest in Spore. There are plenty of hidden costs e.g. Larger trading lots requirement, services charges for holding securities, gst charged on dividends, ...

Even where there are no charges, over time the authorities will inevitably bring in all kind of charges

True that, the funds charges and trading platform charges are ridiculously high.. wtf...