Investors who wish to ride on the growth of the Singapore stock market now have more options to choose from, as European asset manager Amundi has just launched their fund. This makes Amundi the third player to track the Singapore’s benchmark Straits Times Index (STI) to enter the space, and the first unit-trust-based index fund tracking the STI. But for experienced investors, how does the newest Amundi Singapore Straits Times Index Fund compare to existing options? And does it make sense for us to invest there instead of accessing it directly on the Singapore Exchange (SGX)? This is the question I asked myself when it was announced earlier this month that Singapore-based robo-advisor Endowus has partnered with asset manager Amundi to launch the Amundi Singapore Straits Times Index Fund.
How to invest in the Straits Times Index (STI)
The Straits Times Index (STI) is made up of the 30 largest blue-chip…
