Dec 25 2014, 09:11 AM
QUOTE(infernoaswen @ Dec 25 2014, 01:00 AM)
Want to ask, when you guys topup your funds, how long does it take with FSM?
Your buy orders will only be transacted when we receive your payment. Once we received your cheque/Internet bill payment for your orders before 3pm on each business day, your orders will be transacted on the same day. Cheques/Internet bill payment received after 3pm or on a non-business day will be transacted on the next business day.
Q: When will I know about the price I get?
A: Most of the unit trusts in Malaysia are priced based on "forward pricing". This means that if you transact today, you will get the fund’s value as of the closing price of the market today. However, you will know the price in two working days
The price that you could see in the website is the so-called 'indicative price'. This is usually the price of the fund two working days ago. This indicative price is NOT the actual transaction price of the fund that you are buying or selling.
Generally, the fund manager requires approximately two business days to consolidate and derive a unit price for the funds. These prices are further valued independently by the fund's trustees. Therefore, the dealing price will be made known to the public two business days after the transaction date. Once we obtained the price, an email notification will be sent to you.
I been using eunittrust, when I make my transaction it takes around 3days to process. E.g if today market crashes so nav is pretty low & I decided to buy some but by the time my transaction succeed the nav increased already & they followed the latest price
WoW, 3 days? that will make uncertainty more uncertain...however,...it could be a blessing too......when/if the prices continued to fall
Also what are the pros & cons of using FSM with eunittrust? eunittrust having promo, SC for KGF is 1% which is why I topup couple of days ago since nav dropped.
well, while waiting for more valueable inputs from actual users of "both" platforms to reply, may I just grumble abits....some forummers liked eunittrust for its at times lower SC.....for others that liked FSM, maybe it is the "vast" of frequently updated info, easier to use platform, friendly and helpful CIS....and when they had reached a certain AUM with FSM....they can buy at lower SC.....
This post has been edited by yklooi: Dec 25 2014, 09:28 AMYour buy orders will only be transacted when we receive your payment. Once we received your cheque/Internet bill payment for your orders before 3pm on each business day, your orders will be transacted on the same day. Cheques/Internet bill payment received after 3pm or on a non-business day will be transacted on the next business day.
Q: When will I know about the price I get?
A: Most of the unit trusts in Malaysia are priced based on "forward pricing". This means that if you transact today, you will get the fund’s value as of the closing price of the market today. However, you will know the price in two working days
The price that you could see in the website is the so-called 'indicative price'. This is usually the price of the fund two working days ago. This indicative price is NOT the actual transaction price of the fund that you are buying or selling.
Generally, the fund manager requires approximately two business days to consolidate and derive a unit price for the funds. These prices are further valued independently by the fund's trustees. Therefore, the dealing price will be made known to the public two business days after the transaction date. Once we obtained the price, an email notification will be sent to you.
I been using eunittrust, when I make my transaction it takes around 3days to process. E.g if today market crashes so nav is pretty low & I decided to buy some but by the time my transaction succeed the nav increased already & they followed the latest price
WoW, 3 days? that will make uncertainty more uncertain...however,...it could be a blessing too......when/if the prices continued to fall
Also what are the pros & cons of using FSM with eunittrust? eunittrust having promo, SC for KGF is 1% which is why I topup couple of days ago since nav dropped.
well, while waiting for more valueable inputs from actual users of "both" platforms to reply, may I just grumble abits....some forummers liked eunittrust for its at times lower SC.....for others that liked FSM, maybe it is the "vast" of frequently updated info, easier to use platform, friendly and helpful CIS....and when they had reached a certain AUM with FSM....they can buy at lower SC.....
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with 2 little preschool age monsters having time off from daycare..... 
....maybe will sneak out on 31 Dec... 
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