$STI ETF(ES3.SI)$ If you are a beginner to stock investing and don't know where to start, then STI ETF is a great ETF to buy!

The STI ETF tracks the Straits Times Index or the STI.  The STI ETF comprises of the top 30 companies listed in the Singapore Stock Exchange. It includes our 3 local banks, DBS, OCBC and UOB plus Singtel, Jardine Matheson, Ascendas Reit, Capitaland Integrated Commercial Trust, Wilmar International and Singapore Exchange.

The STI ETF Assets Under Management is SGD1, 629.60 million as at August 2021.  It has a low expense ratio of 0.30%.  Best of all it pays dividends twice a year too.

I invest in the STI ETF because it is diversified and I do not have to pick individual stocks.  It is affordable too because it holds 30 of Singapore 's biggest companies under 1 basket. I  also don't have to pay tax on the dividend income plus there is no foreign currency risk.  How good is that!