Trust Bank brings UK UCITS ETFs to Singapore investors
Commission is 0.05% (minimum US$4) per trade.
Trust Bank is introducing the ability to invest in UK UCITS exchange traded funds (ETFs) in its TrustInvest service.
Trust Bank customers can begin investing in the UK UCITS ETFs at US$10 through fractional trades.
Commission is 0.05% (minimum US$4) per UK UCITS ETF trade.
Trust Bank said that the UK UCITS ETFs provide exposure to diversified global portfolios whilst offering Singaporean investors residing in Singapore potential tax advantages compared with investing through equivalent US-listed ETFs.
UK UCITS ETFs are traded on the London Stock Exchange.