Purchasers of index funds in Singapore deserve a fair shake.
As the least expensive form of mutual fund investment, there’s no management team of researchers to pay. An index simply tracks a market so it costs a miniscule amount of money to run an index. That said, plenty of uneducated investors pay high fees for these products. And the costs for indexes in Singapore might just be the highest in the world. Those costs are even more embarrassing, comparatively, now that the U.S. index fund company, Vanguard, has lowered its index fund costs even further: Vanguard Opens Gate to Lower Fees.
Smart Singaporean investors won’t pay 1,500% more for indexes than an American would.
So who’s trying to sell such pricey indexes? Have a look here to find out: Beware the High Cost Index Funds