Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the costs associated with transacting in the DBS Singapore STI ETF?

April 26, 2017associated costs DBS ETF Singapore sti

0

Posted

What are the costs associated with transacting in the DBS Singapore STI ETF?

1 Answer

0

Posted

For the purchase and sale of Units in the Fund on the SGX-ST, there is no sales charge. Investors will however have to bear brokerage fees charged by their stockbrokers as in the case of acquiring or selling shares listed on the SGX-ST. Currently, clearing fee for trading of units in the Fund on the SGX-ST is at the rate of 0.04% of the transaction value, subject to a maximum of S$600.00 per transaction and subject to the prevailing goods and services tax (currently 7%).