Singapore ranked 'below average' as investor-friendly fund market; fees and expenses the weak spot

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SINGAPORE (Sept 18): Singapore is seen as a place where a wide-ranging array of investment products ranging from shares and bonds to gold and property are widely available and easily accessible.

However, the republic is not as investor-friendly it comes to fees and expenses incurred when buying funds, according to a recent study by Morningstar Inc, the provider of independent investment research.

The city-state has received a “Below Average” in an evaluation of the costs mutual-fund investors incur in the sixth edition of Morningstar’s biennial Global Investor Experience (GIE) report.

For the full story, visit www.theedgesingapore.com.