Expenses for UT 101:

Sales Charge
- One time off upfront when u buy

Switching fee
- One time off whenever u perform switching

Exit fee
- One time off when u withdraw i.e. sell

Management fee
- Charged to the fund annually, accrued on daily basis
- This is reflected in the NAV pricing of the fund, in a way u are paying for it without u knowing it, unlike the 3 above
Some fund got 0% sales charge but charges u exit fee (e.g. AmDynamic Bond).
Most funds charge SC but zero exit fee.
Switching fee depends on the fund house.
Management fee is applicable for ALL FUNDS.

Faham?

SC is always calculated as %

E.g.
U buy RM1,000
SC 2%
SC = RM1,000 x 2% = RM20

2 months later u buy RM500
SC = RM500 x 2% = RM10

SC is charged for EVERY PURCHASE made