Lyxor China-H US$ or 2828.HK ETF?

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#1
Sorry administrator for posting this in the wrong thread. i have no idea how to post this on the main thread.

if i want to get exposure to China H-shares , should i get lyxor China-H US$ (listed in Singapore) ETF OR 2828.HK ETF ( listed in Hong Kong)?

WHich one is more cost efficient ? i dont know about the tax implication but i am leaning more towards 2828.HK ETF as it has higher liquidity.

Thanks and sorry admin again
Reply
#2
I have moved the post into a new thread in ETF sub-forum.

Regards
Moderator
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply
#3
I use 2828.hk cos I prefer a non-synthetic etf. lyxor one is likely based on swaps or synthetic if not wrong.

I guess either is fine. You may want to choose the etf that incur less commissions.
Reply
#4
(07-07-2015, 05:10 PM)thinknotleft Wrote: I use 2828.hk cos I prefer a non-synthetic etf. lyxor one is likely based on swaps or synthetic if not wrong.

I guess either is fine. You may want to choose the etf that incur less commissions.
Thanks Cityfarmer!

Hi thinknotleft.
Is there withholding taxes or the related and may I ask which platform u use to buy 2828.HK?

I think u are right that lyxor is synthetic.

I'm using Scb BTW.
Reply
#5
I bought 2828 also because it is a physical ETF. I have been getting my half yearly dividend, not aware that there is any withholding tax. I looked at the tax amount from Poems and it says $0.0.
Reply
#6
I am not sure about scb. U have to check yr brokerage fees; there cld be custodian fee, higher commission for hk shrs compare to sg stocks, service fee for dividends etc. If you don't mind lyxor, I guess the brokerage fee may be lower for lyxor.
Reply
#7
There are just lots of bullies around (the world).

http://www.bloomberg.com/news/articles/2...tion-fails

2823.hk might be one of the most popular ones, based on volume.
Reply
#8
Just initiated 2828.HK using SCB and realised that their currency rates are disgustingly ridiculous....and most ridiculous is i still went ahead, only later realising my folly.

Anyway SCB has no custody fee nor any related charges...but the catch is in the currency conversion.
Reply
#9
(09-07-2015, 09:03 PM)Stephen Wrote: Just initiated 2828.HK using SCB and realised that their currency rates are disgustingly ridiculous....and most ridiculous is i still went ahead, only later realising my folly.

Anyway SCB has no custody fee nor any related charges...but the catch is in the currency conversion.

There is practically no free-lunch, right? Big Grin
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply
#10
Shout out to all who use scb to invest, is there a way u get around the currency conversion of scb?

One way I thought of is to go money exchange and then deposits the currency into scb .pay 5 bucks for counter services. Too tedious.


Any other way? Anyone tried changing in interactive brokers to foreign currency and transfering to scb .?
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)