Who pays for the fund managers' salary then? If sales charge 0% the fund company can declare bankruptcy already.

The fees are moving to back-end clearly, so it becomes less transparent, no upfront fee means more fees to take back-end as recurrent revenue for fund management companies.

There is a reason why iFAST's shares are doing well in the past year.

The "no-commission" promotion is nothing more than a marketing gimmick, not unlike the Robinhood model that attracted so many retailers in the States.

This post has been edited by TOS: Jan 18 2021, 03:01 PM

It's totally fine, nothing wrong with trying out. There are some good Affin Hwang funds too. Investors need to do their due diligence.

The thing I want to point out is that "there is no free lunch in this world".

If one merely invests because of "zero-commission", that would be a very terrible mistake. Otherwise if the funds suit your needs, by all means go ahead.

Thanks for supporting iFAST.

Nah, just an investor.