FSM Rewards Programme
| FSM Rewards Programme |
|
| It just gets better with time when you invest with Fundsupermart.com.
 Invest more and pay less
At Fundsupermart, we are strong believers of diversification through sensible portfolio construction and long-term investing. That’s why we have created a FSM Rewards Programme to give investors greater incentive to stay invested for the long-term. As you invest more and accumulate your holdings in unit trusts, you will be given a “Silver” status  which gives a further 0.25% discount off funds at FSM’s initial sales charge 2%. The tier for Silver status ranges from S$75,000 – S$249,999.
As long as you maintain your current holdings* (which includes Unit Trusts holding and Cash Account Available Balance deposits in the same investment account) within this tier, you will continue to pay 1.75% sales charge for purchase of funds at FSM’s 2% initial sales charge. Purchase will include buy transactions within the same purchase order, regular savings plan (RSP), and switching. For more details on how discounts are applied to each buy transaction, go to our FAQs. Transfer-ins of unit trust holdings from other distributors will count towards getting the respective status based on your current holdings.
*Note: Unit Trusts Holdings will be based on the Current Value or Investment Amount (Cost) of your current unit trust holdings, whichever is higher. The investment amount of purchases which are still being processed will be included as well.
Just a thing to note, should the total amount of your lump sum investment be S$250,000 or more, you will enjoy 0.5% (Gold status) discount off funds at FSM’s 2% initial sales charge. So you pay only 1.5% sales charge.
If your current holdings grows to S$250,000 and beyond, you will be given a Gold” status  that allows you to enjoy even more discount, so you pay only 1.5% sales charge for funds at FSM’s initial sales charge 2%.
For FSM promotional sales charge 1.75% or lower sales charge 1.75% with RSP for selected funds, Silver and gold status investors will be able to enjoy an additional 0.25% discount, amounting to 1.5% and 1.25% respectively!
|
Summary of FSM Rewards Programme |
| S$75,000 to S$249,999 |
Silver |
|
0.25% discount off FSM 2% (or 1.75% *) sales charge |
| S$250,000 & above |
Gold |
|
0.5% discount off FSM 2% (or 1.5% *) sale charge |
Purchases using Cash, CPF-OA, CPF-SA and SRS can be combined to qualify for the various tiered discounts in a single purchase order. A single purchase order means that different funds have to be selected at the same time during the buy process (i.e. same purchase order number).
The qualifying amount in the current holdings will be tabulated on a per account basis. The qualifying amount is NOT tabulated by combining the current holdings of two or more investment accounts.
Fundsupermart.com
For more details on how the discounts apply to your unit trust investments, go to our FAQs. |
|
|
CPFIS Registered Investment Administrator
