Investing in Singapore can be done several ways. Of course it is critical that you decide how much of your overall portfolio should be invested in Asia, and then make Singapore a percentage of that allocation. The iShares MSCI Singapore Index is the only exchange-traded fund with pure Singapore exposure. The ETF was up 76% in 2009 and is up 19% in 2010. With a total expense ratio of 0.55%, this is a very cost-effective way to participate in the market. There is one closed-end mutual fund, called The Singapore Fund , which has been in existence since 1990 and has good performance.