If you are new to investing and have limited funds, $STI ETF(ES3.SI)$ is a great choice as it represents 30 of Singapore's largest and strongest companies by market capitalisation.
$STI ETF(ES3.SI)$ tracks the performance of the Straits Times Index and is the bellwether of Singapore's economy.
The 3 Singapore banks occupy the top 3 position in STI ETF with DBS at 19%, OCBC at 13% and UOB at 11%. Recently the STI ETF has been trending upwards due to the strong performance by our 3 Singapore banks.
The Top 10 holdings include DBS, OCBC, UOB, SINGTEL, Jardine Matheson, Capitaland Integrated Commercial Trust, Ascendas Reit, Capitaland Investment, Keppel Corp and Wilmar.
Expense ratio is 0.30%
Dividends are paid half yearly. Ex Dividend date is 11 August 2022 and Payment Date is 25 August 2022. The dividend rate per unit is 0.061 cents.
$STI ETF(ES3.SI)$ is the oldest ETF in Singapore and has gone up by 8.4% in just 1 year.
$STI ETF(ES3.SI)$ is an easy way to invest in the future of Singapore. It is much cheaper than choosing individual stocks. STI ETF is diversified and minimises your risk on single stocks too. So if you are keen to jump in, buy it before 11 August 2022 to receive your dividends.
Go Long Go Strong Go STI ETF!
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