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Smaller Board Lot Promotions
This week saw the change of the minimum lot size from 1000 to 100 for SGX listed stocks. I partially support this move, as it allows investors to buy shares of companies that might previously have been too expensive. I personally feel there is no need to impose any restriction on lot size and the SGX […]
POEMS Unit Trust Platform Promotions
Remember the Zero sales charge for bond fund article that I wrote previously? Apparently, POEMS are running a similar promotion for their bond funds as well where you can buy a selection of bond funds at 0% sales charge. The POEMS 0% sales charge promotion runs till 31 August 2012 but I am keeping my […]
Unit Trust Platforms in Singapore
Many years ago, unit trusts were sold exclusively by the banks and other financial institutions in Singapore. In the good old days (to the sellers), funds were sold at an upfront sales charge of 5%. Insurance companies then joined in the fray when they launched investment-linked (ILP) type of insurance policies, which were a special […]