Fundsupermart.com v4, Manage your own unit trust portfolio
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 Aug 7 2013, 06:38 PM
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#1
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Junior Member
143 posts Joined: Jun 2009 
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I invested in AMB Value Trust fund just now at UOB the charges is 3% and i checked in fundsupermart it says
Fundsupermart's Discounted Initial Sales Charge 2 % Annual Management Charge 1.5 % Can someone please explain to me the diffrence? Looks like funds charges is 1% lesser thn UOB but wats annual management charges? Does UOB also charge management fees? Thanks  This post has been edited by makavelli: Aug 7 2013, 06:41 PM |
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Aug 7 2013, 07:07 PM
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#2
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Junior Member
143 posts Joined: Jun 2009
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QUOTE(David83 @ Aug 7 2013, 06:44 PM) Different is that you're facing 1% more on the sales charge compared to UOB. Hmm UOB do offer better rates compared to public.. 1% sounds fair.. Thanks for the info bro Annual Management Charge is transparent to you and is deductible on daily basis in daily NAV pricing. It's part of the MER, the lower the better.   |
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