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Old 16-10-2013, 07:41 AM
panda88 panda88 is offline
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Join Date: Oct 2012
Location: Singapore
Posts: 143
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Quote:
Originally Posted by havefun View Post
some funds during promotion will have zero sales charges with poems. How much sales charge is fundsupermart?
  • Regular Savings Plans (RSP) 0% sales charge
  • WISE funds (over 50 selected bond funds) 0% sales charge
  • Money Market, Short Duration Bond funds 0% sales charge
  • non WISE Fixed Income funds 0.2% sales charge
  • Equity funds (including Balanced funds) 0.5% sales charge, subject to a minimum of $10 per transaction
  • Fund switch between the same tier (eg. Equity to Equity) 0% sales charge
  • Fund switch from a lower to higher tier (eg. WISE fund to Equity fund) 0.5% sales charge, subject to a minimum of $10 per transaction

Unfortunately, on top of this they have the dreaded "platform charge"
  • Fixed income 0.05% per quarter
  • Others (alternative investments, balanced, equity etc)
    -First $50,000 0.125% per quarter
    -Next $150,000 0.11% per quarter
    -Next $300,000 0.09% per quarter
    -Remaining investments above $500,000 0.05% per quarter

which can amount to quite a lot.
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