Hence, engaging such portfolio advisors will mean feeding them as long as you live. Unless your advisor can earn you over and above the market expected returns of 8% per annum, you will be better off investing on your own.
As soon as I read the advertisements, I went over to Fundsupermart to search for good DBS fund house deals. One of the funds, DBS Global Properties Securities Fund caught my eye. This fund invests in REITS around the world and pays out quarterly dividend (in units) regularly.
Below is the payout history:
At current price of $0.60, investors will be able to get a decent yield of 10% and diversify into global property equities and ride the property recovery market.
I do not know how good the fund is, but it may be a good deal for investors looking for a potential place to park their CPF ordinary funds.
I have written once on why I do not like Unit Trust here, but this fund may change my perspective.
I might just invest $5,000 CPF money for some global exposure to the property market.