QUOTE(kangwoo @ Mar 28 2013, 01:47 AM)
never tried the chat
and specialist
the bank ppl told their advantage is they are secure. fsm not secure/guarantee
but since fsm sales charges lower, use fsm for osk funds, while clicks for cimb
why no publicmutual fund in fsm?
Bank is an Institutional Unit Trust Adviser, FSM also same, i.e. they're both AGENTS distributing the funds as what wongmunkeong said.the bank ppl told their advantage is they are secure. fsm not secure/guarantee
but since fsm sales charges lower, use fsm for osk funds, while clicks for cimb
why no publicmutual fund in fsm?
Unit trusts are not guaranteed in any way FYI, buy the wrong funds at the wrong timing, u can lose your pants even if u buy from bank, cos its an investment, not a deposit.
Fund Houses are getting more and more supportive of FSM, as can be seen from their participation in FSM functions.
Terminology:
Fund House - the entity that manages unit trust funds, e.g. Hwang Investment Management, AmInvestment, Pheim Investment etc
Public Mutual got their own agency force, if they were to allow FSM to sell their funds at 2%, their agents gonna be out of job
Mar 28 2013, 07:54 AM

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