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Last Saturday I was in POSB changing my passbook and came across My Home Fund brochure. After I read it, my thought was why should I let you charge me annual management fee of 0.5% and sales fee of 3% since you only invest two ETF fund which I can buy directly via online broker who charges me only 0.25% of commission. By the way, the two ETF are manages by DBSAM. If DBS wants to start an ETF fund, it should be more diversify across different countries, but the fund no longer can call itself My Home Fund. Today newspapers wrote an article on it and I wonders why reported it since its not attractive at all.
