hey guys, 2 questions
1. how do i actually calculate my actual gains on FSM?
my current understanding is, sales charge (2% or promo rate) is net off at the point of purchase, subsequent to that, the annual management charge is already net off from the NAV daily. So is the gain i see under my fund performance the net gain i will get?
2. how to read the % return on the NAV
on the table with 1 week, 1 month, 3 months etc, in simple terms, does it mean, if i bought on 1st Sept, and as at 30 Sept, the 1 month NAV returns shows 5%, that's the gain i will get, if i have invested on the 1st? and is that gain a gross or net gain?
thanks for your enlightenment before hand

As far as I know...
1. yes
2. The table shows bid-to-bid returns, which do not take sales charge into account.