Lai Lai Ramjade, specially for you....You now have a platform to talk about cheapo stuff!

Well done, boss

Actually your wrap account is on this platform right? Any feedback other than charges?

Huh? His wrap account is with iFast MY

By the way what is POEM?

All in place for you to buy UT, stocks, etf, cfd, opinions, margin trading etc
https://www.poems.com.sg/

Mega Funds Promotion 2017

13 April 2017 - 31 May 2017


https://www.eunittrust.com.my/fundInfo/promotions.asp

nice! up! maybe this will entice me. competition is good!

ee bro, their charges also 2% for normal topups ?? Only promo period is mainly FOC.
FSM is 1.75 now
Did I read wrongly ??

This post has been edited by ronho: Apr 18 2017, 11:58 AM

Yes that's right. During promo period (basically their promo period is more frequent than FSM) and provided you can meet the min topup of RM5k, you will get 0% service charge.

Good for those who want to park bond fund here because if you can buy min RM5000, you don't pay platform fees unlike FSM

Ramjade, any other annual fee, maintenance fee or misc fees? Any caveat apart from the min RM5k initial investment?

Are they the same entity / related to POEMS SG?

Regards,
Wei Lik

True.

But they have promotion quite regularly.

If I am not mistaken, this year they have 3 promos already including this one. Each promo last for +/- one month.

( Each promo the funds list under promo might not be the same.)

You guys think the rates will be cheaper than FSM if buy at promo times ?
tx

I don't know. I don't have any account with them. What I know it's excatly like FSM except that when they have promo you get to buy funds at 0% service charge. All bond funds bought from them during promo does not kena service charge. eUT memang does not charge platform fees for bond fund. They charge you 1% service charge for bond fund.

They are different. If you have account with MY side, you will still need to register with SG side if you want to invest in SG UT. They don't share database of customer despite both are same company (Phillip). One is Phillip MY, one is Phillip SG.

Hope this explains everything.

Never look at service charge. Look at discount in the market. Discount of service charge is just bonus.

Better reply here. Nanti org marah
Precisely. I cannot meet the RM5k/fund topup everytime.
Should be no problem. Interface ugly as shit. I have no account with them. As long as registered with BNM, no issue.

Never look at service charge. Look at discount in the market. Discount of service charge is just bonus.

This post has been edited by Ramjade: Apr 18 2017, 12:34 PM

So, if I were to place 5K right now, it's 0% SC during the promo period. Outside of this period if I were to top up or do DCA, I will still be charged the normal SC rate of 2%? Is this how it works?

Yes. That's why eUT good to buy bond funds only

Don't have the 5K to fully commit ATM, extra funds went to ASX/FSM already. But good to know nevertheless, can consider purchasing bond funds when the next promo rolls out.

Same here. Good thing about eUT is very frequent promo. This current promo until end of May.

Indeed FSM not cheap enough but then how many of you have account in eUT now ?

It's considered cheap for malaysian standard. For SG standard no. Why? Some banks in Singapore are charging 0.75% service charge
I will open an account with them in the future.

This post has been edited by Ramjade: Apr 18 2017, 03:22 PM

Masta xuzen your wrap account is under which platform ?