QUOTE(j.passing.by @ Oct 8 2014, 06:46 PM)
Same 5.5% No special discount... the most generous promotion I heard of is during launching of new equity funds when the service charge was lowered to 5.0% or was it 5.25%? Yeah, can't remembered... and the current new fund being launched, no mention of any discount during its launching period.
Are you talking about the new equity fund?
During launching period of any new fund, the nav price of the fund is unchanged at 0.25; after that it is valued at the end of each business day and 'forward pricing' will comes into effect.
- No discount on service charge: okay and good... no more misrepresentations by any sales agent.
- Initial price of 0.25 as stated on its website: As explained above and in previous post... so don't misunderstand and construed it as 'promotion' price, and that is a 'good deal' to buy during 'promotion' for its 'promotion price'.
haha my friend mention to me transaction online impose 0% sales charge via PMO.
But so far I only can find in website it is mention about the new launching cash deposit fund can entitle for 0% sales charge.
And I could not find any sales charge discount on equity fund (new or old). May be my friend is mention about that new fund.
So I'm confuse.
I'm just trying to search for a place to trade for cheaper sales charge. In this case, I think FSM is a better choice.