Everything you need to know about trading mutual funds in Singapore
As one of the world’s most vibrant and developed financial centres, Singapore offers a wide range of investments for those looking to diversify their portfolios. Mutual funds are top-rated in Singapore, with investment options including index funds, global equity funds, bond funds, and Exchange-Traded Funds (ETFs).
For investors considering trading mutual funds in Singapore, there are some key factors to consider before deciding. Here are some things you need to know about trading mutual funds in Singapore.
The basics of mutual funds
Mutual funds are investment vehicles that pool money from multiple investors and invest it according to the fund’s objectives. Each investor is allocated a proportional share of the fund’s gain or loss depending on the shares they hold. Mutual funds can be actively managed (meaning decisions about what stocks or bonds to buy and sell are made by a professional) or passively managed (where investments track an index …