ES3 SPDR Straits Times Index ETF - My Top Pick To Invest In The Future Of Singapore
πππIf you are new to investing in Singapore, there is no better place to start than to invest in $STI ETF(ES3.SI)$
STI ETF is the bellwether of the Singapore's economy. In just 1 trade you gain access to the 30 of the best and strongest companies in Singapore. The Top 10 holdings include our 3 Singapore banks as well as Singtel, Jardine Matheson, Capitaland Ascendas Reit, Capitaland Integrated Commercial Trust, Keppel Corp, Singapore Airlines and Singapore Exchange.
$DBS GROUP HOLDINGS LTD(D05.SI)$
takes the Top spot at 20% weightage, followed by $OVERSEA-CHINESE BANKING CORP(O39.SI)$
With 15%
and $UNITED OVERSEAS BANK LIMITED(U11.SI)$
at 11% weightage.
Together our 3 Singapore Big Banks take up 46% of the STI ETF.
The expense ratio is 0.30%.
Dividends are paid half yearly. The current dividend yield is 3.9%.
Performance wise STI ETF is up 8% in the past year.
STI ETF is the oldest ETF in Singapore, listed since 11 April 2002. It is also the largest and most liquid with Assets Under Management of SGD 1.459 Billion.
STI ETF offers great value for money. At the last closing price of SGD 3.22, it is a lot cheaper than DBS Bank at SGD 33.45 per share. It also minimises your risk on single stocks and provide diversification in your portfolio.
STI ETF is a slow and steady kind of ETF, if a little boring. However if you believe in the future of Singapore like I do, STI is a great ETF that will continue to grow steadily in the future and provide a great source of passive income while waiting for capital growth.
I am proud to be a Singaporean and STI ETF is my favourite ETF to invest in the future of Singapore, My Home and My Country!
Go Long Go Strong Go STI ETF! ππππππππππ°π°π°
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
i think choosing one bank stock is enough. $ζε±ιε’ζ§θ‘(D05.SI)$ is the best
Great place but I see the stock price hardly move tbh