QUOTE(i1899 @ Jan 29 2018, 04:56 PM)
Dont think the FREE intra switching is a human error; free intra switching is a common practice nowadays.
Not like public mutual, which clearly differentiate the "loaded units" (initially bought with 5% sale charge) and "unloaded unit". Switching towards EQ fund of unloaded units will be charged accordingly. ( it was like this N years ago, i hope the system is not changed)
Not like FSM, switching is offset by credit system.
In eUT, no way to track the fund in MMF is fund switched from equity fund (loaded units)/ fresh fund (unloaded unit). As long as it is intra switching, then it is without any sales charges.
Therefore, it is possible to buy equity fund under eastspring/ kenanga/ phillip/ am investment/ (some more?) without any sales charge any time any amount.
until they implement a new system to cover the hole.
not need to wait for the promotion.
the intra-switch is free from bond fund to euqity fund (same fund house), still wotk in EuT?Not like public mutual, which clearly differentiate the "loaded units" (initially bought with 5% sale charge) and "unloaded unit". Switching towards EQ fund of unloaded units will be charged accordingly. ( it was like this N years ago, i hope the system is not changed)
Not like FSM, switching is offset by credit system.
In eUT, no way to track the fund in MMF is fund switched from equity fund (loaded units)/ fresh fund (unloaded unit). As long as it is intra switching, then it is without any sales charges.
Therefore, it is possible to buy equity fund under eastspring/ kenanga/ phillip/ am investment/ (some more?) without any sales charge any time any amount.
not need to wait for the promotion.
Jul 21 2019, 11:49 AM

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