Friday, March 21, 2025

Only Singaporeans get it "SPDR S&P 500 ETF Trust (SGX:S27)"

 Good write up from SG Budget Babe

Summary of the key points from the  article:

  1. Many Singaporeans invest in the S&P 500 via SPY or VOO ETFs listed in the US, unaware of better options locally.
  2. Investing in US-listed ETFs exposes Singaporeans to additional costs: custodian fees, dividend withholding tax (30%), and US estate taxes.
  3. CSPX (UCITS) offers tax advantages but still incurs custodian fees.
  4. Robo-advisors like EndowUs offer access to the S&P 500 using CPF/SRS, but fees can add up.
  5. SGX-listed SPDR S&P 500 ETF (S27) avoids custodian fees and allows SRS and CDP investing.




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