but it mentioned if use FPX, transaction below rm500 will charge rm2, is this valid?

The line below payment method

link labelled as on line banking / bank in

Quote

"Please click on any of the below payment method to pay for the investment made.

Payment Method:
Cheque
Online Banking/Bank In
Cheque
You may issue cheque payable to “Phillip Mutual Berhad” or bank in to any of the following accounts:
AmIslamic Bank Bhd - Account no : 0662022016234
CIMB Islamic Bank Bhd - Account no: 8600048985
Malayan Banking Berhad - Account no: 514011-379755
Public Bank Bhd - Account no: 3169402106"

Unquote

I refer to this part of the dialogue in the platform

"Online banking/bank in" is the interbank transfer. I do that a lot for some other payment, eg pay condo maintenance fees. This is very cumbersome mode of payment. You need to capture the online payment screenshots and dispatch over in email or FAX to eUT. Email is a bad vehicle for time critical task. You may even need to make calls to verify if they receive your email or FAX.

And upon receiving your email or FAX of the payment slip, the human in eUT have to manually tally the payments and tie it with your purchases. Assuming they can't get your email, then your transaction will not be entered for the day.

This post has been edited by puchongite: Nov 20 2017, 10:30 AM

No idea. You need to confirm with eUT. Maybe that's true. If want to buy small amount, perhaps FSM is still a better platform ? I have never paid anything less than RM500.

Hi puchongnite,

Thanks for the info.
Where is the link for FPX payment?
I use that for Fundsupermart and know it work well.

Watch this video ?

found this......maybe at page 16, step 12 of the attached can help
(not sure if it is still a valid instruction manual)



Attached File(s)
 POEMS_MY_how_to.pdf ( 4.48mb ) Number of downloads: 18

thanks
I saw the video and read the pdf files already.
looks like the link to FPX is in the page before you finalise it.


Is there a way to void a buy transaction that has not been paid yet ?
eunit trust staff asked me to write an email to them. I prefer to do within the platform myself as it is done in FSM

This post has been edited by kp93300: Nov 20 2017, 11:56 AM

Seems cannot void.
But, if u haven't paid, the transaction wont be executed, so not need to void actually.

What's the difference for eUT(POEM) and FSM? Pros and cons please TQ

on the outside.....
have you visited both of their website?
spend sometime maneuvering around both of them?
try contact both of them by emails to see how they response?
try contact both of them by phones to see how they response?

after you had spend some times having hands on on both of them
1) tell us what and how you feel?
2) what are the pros and cons on both of them?
3) do you still want to use the in your opinion the not so "good" platform?

do you plan to invest >RM5000 per each buy?

This post has been edited by MUM: Nov 24 2017, 08:03 AM

I am very much in favou for eunit trst to produce an app to allow buying and selling of UT and to monitor the account

try write to them?
so that data could be compiled and submitted to their mgmt for possible action?

You mean a mobile app ?

The FSM mobile app is also not there yet !

This is an answer or question?? So far i using fsm only, thats why im asking because i no problem with rm5k per buy bcs work in sg.😑😑😑

both answer and question.
the pros and cons of each of them are subjective to each users.
my pros and cons may not be yours of a same issue/level
ex,
some takes the 0.2%pa platform fees charged by FSM to be a very BAD things and yet some done mind.
some takes the website interface of eunittrust to be a site to forget but to some they are ok.
some takes the CS response to be very important and yet some don't
some takes the credit system available in FSM to be a PLUS and yet some don't mind about that.

thus I ask you to test them out hands on yourself to determines them.

about the RM5000.....very often/frequent eunittrust do have promotions that offer 0% sales charges on investment of RM5000 and above....that to some people are a pros and yet to some others is a non event.

coming back to your original question....
if there is still no response to your post....try read from the start of this thread...there are some info which may be useful to your post.

This post has been edited by MUM: Nov 25 2017, 01:21 AM

Double post . Remove post.

This post has been edited by kp93300: Nov 25 2017, 09:02 AM

One is for people who wants to save some transaction cost and DIY.

The other is for people who wants to save MORE transaction cost and DIY.

Xuzen

Being an investor with FSM since 2011 and an investor with eUT since May 2017, let me try to answer your question.

1. Transaction Cycle : eUT is better : time is money
a) Reinvestment of distribution : in eUT, distribution is reflected as ur holding in the morning of 3rd business day after the reinvestment day, but FSM generally needs 2 weeks more (or more ) to do the same thing.
b) Buying Cycle (non Money Market Fund) : in eUT, the new purchase is reflected as ur holding in the morning of 3rd business day after the purchase, but FSM needs 2 more business day to do the same thing. Applied to External switching too.
c) Buying Cycle (Money Market Fund) : in eUT, the new purchase is reflected as ur holding in the morning of NEXT business day after the purchase , but FSM needs 2 more business day to do the same thing.
d) Selling Cycle (Money Market Fund) : in eUT, the money will be received on the SAME day , but FSM needs 2 more business day to do the same thing.
d) Selling Cycle (non Money Market Fund) : in FSM, the money generally will be received on the T+4 days, but eUT generally needs 1 more business day to do the same thing.

2. Cost : eUT is better especially for higher incomer or during rebalance of portfolio
a) In eUT,
No Platform Fee.
if no promotion, sales charges of all Fund (bond & equity) is at 2%.
During promotion, sales charges of all promoted Fund (bond & equity) is at 0% for >RM5K , 1% for <RM5K. (include external switching from other fund house/ money market fund)
For internal fund house switching, ZERO sales charge will be applied at any time.
PRS 0% sales charges.
b) In FSM,
0.2% pa Platform Fee for most of the bond fund.
if no promotion, sales charges of all EQ Fund is at 1.75%, sales charges of all Bond Fund is at 0%,
During promotion, sales charges of all promoted Fund (bond & equity) is at 1% to 0.57% (include external switching from other fund house/ money market fund)
For internal fund house switching, credit system is applied, which is not as straight forward as eUT.
PRS 0% sales charges.

3. Platform interface: Tied
After latest update of eUT website, i do think the eUT website is slightly better/ user friendly/ informative than FSM's

4 Customer Service: FSM wins, but do u need frequently?
if u write an email to eUT, 99.99% of chance u won't receive any reply from them by email. u have to call them to have an answer. I didn't try their live chat.
Meanwhile, the Customer Service of FSM is really good , they will reply the email / give u a call to explain within the same day. While, i don't like their live chat because CIS keeps going to ask me to wait, may be they handle too many customers at the same time.

5. Fund Choice/ Investment mode
As my last check, wholesale fund and non MYR fund are not available in eUT while FSM do sale many wholesale fund and non MYR fund.
eUT do not accept EPF investment while FSM do.

======================================================================
Now, I have 6 digit investment with eUT (15% of my total portfolio), but i didn't pay single cent for sales charges so far, it saves me > RM2K.
Therefore, i prefer to invest fresh fund with eUT during promo, but use FSM to buy the wholesale fund and maintain the old portfolio with them.

This post has been edited by i1899: Nov 25 2017, 01:18 PM