Fundsupermart - Invest Globally and Profitably, Discussion on investment through FSM
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 Jan 6 2012, 05:01 PM, updated 14y ago
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#1
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Junior Member
175 posts Joined: Dec 2011 
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Anyone trade in Fundsupermart, Malaysia? How safe it is to trade in it? It is linked with OSK but cannot find anything on what will happen if it get busted? Any guarantee like PIDM?
http://www.fundsupermart.com.my This post has been edited by arj: Jan 30 2013, 01:09 AM |
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Jan 11 2012, 01:00 PM
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#2
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Junior Member
175 posts Joined: Dec 2011
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QUOTE(gark @ Jan 6 2012, 07:16 PM) All the funds listed on FSM is approved by BNM. The holding of each funds in entrusted to their individual fund's trustee. In case of FSM being bankrupt or otherwise cease to do business, your holding in each fund will still remain with the fund houses. PIDM does not cover Unit Trust, only deposits. Any one tried buying funds from Fundsupermart Hong Kong? Funds are either in USD, Euro or HKD. The funds profolio is very interesting ... e.g. Basically FSM is like your ordinary fund salesman/advisor, even if the salesman quit or die, your holdings will not be affected.   Comments anyone. Attached File(s) 
factsheetHKFT10.pdf ( 101.45k )
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Jan 11 2012, 08:24 PM
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#3
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Junior Member
175 posts Joined: Dec 2011
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Compared Ambond sales charges and annual expense ration between Fundsupermart and banks ... they are different. Sales charges is lower but annual expense ration is higher in Fundsupermart. Is this common .. i.e. purposely reduce fee for entry but have to pay more after than .....
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