$CSOP SEA TECH ETF S$ (SQQ.SG)$ The management fee is except...
The management fee is exceptionally high for this etf. Furthermore, the companies listed in this SEA Tech ETF are relatively unknown and some with track records not proven. I wonder why would anyone even invest in this when there is a market out there listing etfs with better prospects and much lower management fees with companies listed in the S&P 500 for example. I am relatively new to investing but I know the fundamentals of this etf is a total no-go. I cannot help but to comment in this because I just don't see why this etf is great in prospects.
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Bjjtrader : At one point in time Apple/Tesla/Microsoft etc etc were unknown, a speculative purchase can have the most gains, come back and look in a few years not less than a month!!
lim gordon Bjjtrader: agree w this sentiment
it's an ETF not a small cap/penny stock
these takes years to see some decent ROI (w the possibility it would also go bust)
the thing is that most people in the IT sector would know about these companies and these are the blue chips of their respective countries so you can take this as a regional ETF betting on the tech growth in SEA