QUOTE(5p3ak @ Feb 28 2018, 09:41 PM)
I don't quite get the 1% switching fee, does that mean if I wanna switch I need to switch RM1060 worth if the other fund investment amount is RM1000?

United's 1% switching fee is applicable to INTRA fund house switching only.
For example, when u want to switch RM100K from United Global Quality to United Japan Discovery.
- RM1K will be deducted from United Global Quality, as switching fee, and then RM99K will be switched to United Japan Discovery. No credit is utilized in this case because no sales charges.
1 year later, the RM99K grows to RM120K.. u decided to switch United Japan to United Income Plus Fund.
Then, the other RM1.2K will be deducted from United Japan Fund.
So, total paid switching fee is RM2.2K, and snow ball will be bigger and bigger if always doing intra switching among UNITED Funds.