S&P500 index fund- how to invest?


#1

I’ve been dabbling in SG stocks and have an RSP for STI ETF. I am thinking of buying an index fund for S&P500.
Is there a way of buying an S&P500 index fund WITHOUT needing a CDP? If so, which funds and which platforms?
(Long story… My relative keeps tabs on my CDP transactions and she doesn’t believe in index funds…she thinks she can do better…)


#2

for SG ETF, just buy singtel and the 3 banks is 40+% of the ETF. So yes I dun like SG ETF.

just buy ETF not listed on SGX which is foreign ETF


#3

You can buy S&P500 index either directly from US market or UK market or HK market.
If you buy from US market, the downside is that there will be a 30% withholding tax on the dividend.
I think for UK market is 15% withholding tax on dividend but it is less liquid.
HK - I am not sure.
If you don’t want any purchase to be seen on the CDP transaction, you can buy through the stockbroking firms - prefunded or margin account. Then it wouldn’t appear on the CDP account.