November 2019 Portfolio Review

For November 2019, another 59 units of NikkoAM STI ETF (SGX:G3B) was purchased at a price of $3.3606. 

Portfolio:

Switching over to FSMone:

One major change to my regular savings plan (RSP) is that I have decided to move it over to FSMone.

FSMone recently released their ETF RSP where commission rates are at only 0.08%, subject to the minimum amount for the various exchanges at S$1, HK$5 or US$1 respectively.


This makes it more worth it for me to purchase the ETF through FSMone. Also, since both POSB invest saver and FSMone will hold my ETF under a custodian account this means that comparing the lower commission rate, FSMone will be a better choice.

Another point is that I can purchase SPDR STI ETF (SGX:ES3) and also much more other selection of ETFs, both local and overseas rather than only NikkoAM STI ETF (SGX:G3B) through POSB invest-saver.

Of course, switching over means that I will need to set up a standing instruction for the amount to be deducted into my cash accoount in FSMone as it will not be auto-deducted from my account. But once, it is set up, it should be automated and that's why I prefer having a RSP.


I haven't had any deduction yet and the coming one will be on 8 Dec 2019 so I shall see what price it would be purchased at.

Will be having a separate write-up on it!

Dividends:

$15 was received from SGX in November 2019. The run up in SGX has made my portfolio look better as I purchased it at $7.22 and the current price is $8.85.

I am glad that my dividends has doubled since 2018, if I can keep it up next year, that will be great!

December will be quite a good month for dividends as Tai Sin Electric and First REIT will be giving out dividends. Great way to end the year especially when it's Christmas and there is lots of gift giving.