Multi Cap investing offers a structured approach to wealth creation. It mirrors a mother’s wisdom by balancing immediate needs with long-term goals. This strategy allows participation across large, mid, and small-cap companies within a single framework. It provides meaningful diversification and helps investors stay invested across market cycles. Simplicity and consistency are key advantages for long-term success.
FCNR(B) hurdle: Singapore holds ground on withholding tax
Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basis would