Don't bother. Stick with interactive broker. They are not interactive broker level of cheapness.

This post has been edited by Ramjade: Dec 16 2024, 10:02 AM

I use Moomoo for ETF.

I used both IBKR and FSMOne, both account have US Stock and ETF.
Since I managed to open IBKR account, I did not top up FSMOne anymore. Just let it grow itself.

IBKR is cheaper and more choice. If for some reason you cant or dont want to register SG bank/IBKR.
FSMOne (or Moomoo) is decent as a 2nd choice.

This post has been edited by buffa: Dec 16 2024, 12:45 PM

The rate of return in FSMOne unit trust is it net sales charges and management fee? For example if my fund is showing a return of 10% should I minus my sales charge(1.5%) and management fee(1.8%) so my real return is 6.7%?

I noticed in FSMone they use the current NAV price and minus the WAC price to calculate the profit but I’m skeptical if this method is accurate ?

I think, just think.
The performance should be calculated based on NAV to NAV over a specific time frame.
Compensated and recomputed if there are dividend distribution.
Sales charges are not included but All others charges incurred by the fund are already taken cared of during the daily NAV calculation

Deleted, ...double posting

This post has been edited by MUM: Dec 20 2024, 01:34 AM

Yes the return is net, already calculated management fee etc. Sales charge is charge when you bought the fund. Some fund do have redemption fee, so be ware of that when you sell.

AHAM World Series – Global Equity Fund - Conversion from wholesale to retail fund - Unit Holders’ Meeting on 23 January 2025

I guess if it's passed, it's a good thing. Have to sacrifice quite a lot in terms of lifestyle, to DCA into this fund.


Attached File(s)
 UHM_Communique___AHWS___Global_Equity_Fund___Investor.pdf ( 523.07k ) Number of downloads: 42

I have been invested in TA global for 5 years. Great run. However, I took profit recently.

One of the few funds remaining in my FSM account that I let to run. It’s been 7-8 years for me and have well tracked QQQ in annualised returns, minus the fees.😜.

how many days is it supposed to take to reflect RSP for US ETF?
this is the 2nd time now that it takes more than 3 days to reflect. The recent buy from 22nd is still not reflected. don't tell me its due to christmas / year end so it takes so long to reflect. isn't it automate in a way?
the 16th was also on a weekend but even then it takes almost 5 days for it to reflect. this can't be normal right?

If the RSP date falls in weekend, the order will only be placed on the next US working day, which is normally Monday night (Malaysia time) or in some cases it can be on Tuesday night too, then you will get the RSP order update in the next morning. In my experience, normally the RSP order will complete in 3-4 working days.

just buy when fsm is having promo, they always have 0%-0.5% sales charge promo

https://www.fsmone.com.my/funds/research/ar...-details/312940

I think still no RSP for SGX stocks/ETFs yet

Has anyone received the FSM angpow packets yet?

Anyone tried this SGD Auto-Sweep?

Attached thumbnail(s)

at first glance i thought it was written 羊 lol

Hi Sifus,

For those that subscribing to US ETF RSP, did you notice in the Jan 2025 RSP, that FSM has started charging Processing fee of USD0.22 for every RM1,000 RSP?

The weird thing is that the processing fees is charged on my VOO and SMH RSP but not on QQQ RSP with the same RM1,000 on each of the fund.

Anyone has similar experience or know what's going on?

Here's the screenshot of the transaction:

SMH with Processing Fees:



QQQ without Processing Fees:



This post has been edited by Sitting Duck: Jan 17 2025, 10:28 PM