Arigato, {{ first name | dear investor }},

Singapore just launched a BRAND-NEW ETF — and I've already had students asking me:

“Chloe, should I buy this?” 🤔

It's called the CGS Fullgoal Singapore Next 50 Active ETF (Q50), and it is the first ETF benchmarked to the iEdge Singapore Next 50 Index.

The initial offer is S$1 per share and closes on 26 August 2026, before its expected SGX listing on 3 September.

And the timing is interesting.

The Singapore government has committed S$2 BILLION under the Equity Market Development Programme (EQDP) to strengthen our local equity market. 🇸🇬📈

So naturally, many Singaporeans are wondering:

Is this finally the time to invest more into Singapore stocks?

And should we buy Q50 while it's being offered at S$1?

I took a closer look.

And personally?

I'm NOT rushing to buy it.

Here are 4 reasons why.

This was probably the first thing that caught my attention.

The Singapore Next 50 universe has around 39% exposure to REITs.

Now, don't get me wrong.

I don't think REITs are bad investments at all! They can be fantastic for generating income.

But if I'm buying an ETF for diversification, I have to ask:

Do I really want almost S$4 out of every S$10 exposed to REITs?

Especially for Singaporeans who may already own Singapore property or have other REIT investments.

For me, that's simply too concentrated.

The ETF charges a 0.65% annual management fee.

But there's another number you need to know:

👉 Its Total Expense Ratio (TER) is capped at 1.50% p.a.

That DOESN'T mean investors will definitely pay 1.50%.

The actual TER could be lower.

But when there are so many low-cost ETFs available today, I'm always very conscious about fees.

Because every dollar you pay in fees is one less dollar compounding for you.

Over 10, 20 or 30 years?

That difference can become HUGE.

Here's something else you need to understand:

Q50 is an ACTIVE ETF.

That means you're not simply buying an index.

You're paying professional fund managers to actively select investments and try to OUTPERFORM the Singapore Next 50 Index.

If I'm going to pay higher fees for active management, I personally want to see whether the fund manager can actually outperform the benchmark AFTER FEES.

So why rush?

I'm happy to WAIT and see. 😊

This is another important one for Singaporeans.

As of now, I haven't found Q50 on the CPFIS-approved ETF list.

That means you shouldn't assume you can use your CPF Ordinary Account to invest in it simply because it's listed on SGX.

And personally, I think CPF investing is one of the most powerful — and overlooked — tools Singaporeans have for building our retirement wealth.

I've been investing my own CPF for the past 5.5 years, and seeing what investing can do to grow my CPF portfolio completely changed the way I look at my retirement money.

Instead of ONLY asking:

“What new ETF should I buy?”

I think there's another question Singaporeans should be asking:

“Am I investing in the right ETFs to make my CPF work hard for my retirement?”

If you've been leaving your CPF untouched because you don't know where to start...

I created this CPF Automated Growth Workshop specifically to help Singaporeans understand how CPF investing works.

Inside, I’ll show you:

Let's make our money — including our CPF money — work harder for our future. ❤️

Arigato!

Chloe
Arigato Investor

Just a quick heads-up 🌸 Except for Instagram, where I may reply if you comment on my posts, I’ll never initiate a private message to you on any platform. So if you ever get a DM from someone claiming to be “Chloe” or “The Arigato Investor” on Telegram or TikTok — please know that’s not me. It’s a scammer impersonating my account. Stay safe and always double-check 💛

The information provided in this newsletter is for informational purposes only and does not constitute financial advice. Readers should seek their own independent financial advice before making any investment decisions. Please note that the opinions expressed in this newsletter are Chloe's own and do not represent the views of any organization. Always perform your own research and due diligence before investing. 💛