Instead of charging all the commission when investor buy the UT, how about the fund house to allocate certain commission is only payable when the UT has hit certain level of profit? For example collecting 5% of the total profit made when UT has hit 10% margin?
Otherwise, those fund house and agents not care about whether the investor made profit or not after putting the money inside. Also give long winded story not to redeem/ sold off the UT units because the fund house impose x% management fees per annum based on the amount we invested in….
Money in EPF vs Unit Trusts
Nov 16 2022, 09:27 PM
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