SPDR Straits Times Index ETF is now EIP

Finally, SPDR Straits Times Index ETF is now an Excluded Investment Product (EIP) or Non-Specified Investment Product (non-SIP). It is now the same as Nikko AM Singapore STI ETF. The disparity was removed from 30 September 2013.

Any retail investor can trade freely on SPDR Straits Times Index ETF just like Nikko’s STI ETF without pre-conditions to be eligible to do so.

Copyright © 2013, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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