How do you find the unit trust price?
The unit price is based on the fund’s net asset value (NAV) divided by the number of units outstanding. You will need to pay sales or redemption charges when you subscribe to or redeem units. Recurring fees are paid by the fund and include management fees, trustee fees and other fees. These costs are passed on to you.
Is iFAST same as Fundsupermart?
FSMOne Malaysia (previously known as Fundsupermart.com Malaysia) is the online investment platform of iFAST Capital Sdn. Bhd. (“iFAST Capital”), established in Malaysia since 2008.
How do I find my FSM referral code?
What is my referral code? The referral code is your FSMOne account number (e.g. Pxxxxxxx).
Is FSMOne good for US stock?
FSMOne FundSmart is a good platform for investors looking to pay lower-than-average fees for trading the United States, China, Malaysia and Hong Kong, as they only charge 0.08% commission for each trade and have below average minimum rates.
Is FSMOne safe in Malaysia?
Wong said FSMOne Malaysia is licensed by the Securities Commission and Bursa Malaysia, hence safety is guaranteed while investors could enjoy extended hours of phone support until 10.30pm on business days.
Is iFAST and FSMOne the same?
Incorporated in the year 2000 in Singapore, Fundsupermart.com (“FSM”) is the Business-to-Consumer (B2C) division of iFAST Financial Pte Ltd (“iFAST Singapore”).
Is FSMOne a custodian or CDP?
Your Stocks and ETFs holdings are held under a custody account with iFAST Financial Pte Ltd (‘iFAST’), a licensed custodian under the Monetary Authority of Singapore.
Is FSMOne linked to CDP?
You can easily benefit from this by electronically linking your CDP Account to your FSMOne Account. After the successful linkage, you can start to use your FSMOne.com account to sell your stock/ETF holdings from your SGX CDP Account. The approval process will typically take approximately 1 business day to process.
How long should you keep unit trust?
three to five years
“Unit trust investors should remain focused on achieving their investment goals over a medium to long term period of three to five years rather than worry about the daily, weekly or monthly movements of their investments,” says a fund manager.