QUOTE(jfleong @ Jan 5 2018, 05:16 PM)
Anyone knows how does FSM make money from selling PRS ?
How is it possible that they can offer 0% SC while giving out 2 GSC tix for topping up 3k ?
Well PRS has a very long lock-in period. I think all PRS providers are keen to throwing extra money to lure investors in to invest with them.How is it possible that they can offer 0% SC while giving out 2 GSC tix for topping up 3k ?
So to answer your question, I think FSM gets a certain percentage of management fees from the PRS proviers, and hence they are able to sell at 0% sales charge. While the GSC tix should be sponsored fully or partly by the providers to keep the investors invested with them.
Jan 5 2018, 05:24 PM

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