Fundsupermart's Pricing Structure 2012
Fundsupermart is committed to bringing value to unit trust investors in Singapore.
In the wake of 2008, Singapore's unit trust industry
faces increasing regulatory pressure, leading to higher operational
costs. As the leading dedicated unit trust distributor in Singapore,
we've taken the view that sales charges will increasingly come under
pressure and we've moved decisively to revise our pricing structure to
position ourselves for the future.
We believe in the value of free – free content, free
research, free events, free switching, free apps and free investment
advisory – and we continue to innovate to bring investors more products
and services to help you invest globally and profitably.
Below are our menu of charges:
Services
| Account Opening |
FREE |
| Investment Advisory Service |
FREE |
| Transfer-in of holdings from other platforms |
FREE |
Sales Charges
| WISE funds |
0% |
| Money Market, Short Duration funds NOT under WISE |
0% |
| Fixed income funds NOT under WISE |
0.5% |
| Equity funds |
1% |
| Restricted funds (for FSM Platinum Club only) |
0.5% |
| Regular Savings Plan (RSP) |
0% |
Fund Switch
| Same tier |
0% |
| Lower to higher tier (e.g. WISE fund to equity fund) |
0.5% |
Platform fee on cash and SRS holding only
| CPF-OA and CPF-SA
holdings are exempt. Platform fee is accrued daily and deducted based on
the combined holdings of all FSM accounts under the main account
holder, inclusive of any beneficiary account holdings on a quarterly
basis. |
| Equity fund holdings* - first $50,000 |
0.125% per quarter |
| Equity fund holdings* - next $150,000 |
0.11% per quarter |
| Equity fund holdings* - next $300,000 |
0.09% per quarter |
| Equity fund holdings* - remaining amount above $500,000 |
0.05% per quarter |
| Fixed Income, Money Market & Short Duration fund holdings |
0.05% per quarter |
*Equity funds also includes
restricted funds, managed futures, commodities, etc. All fees and sales
charges quoted are exclusive of GST.
FSM REWARDS PROGRAMME
Only at Fundsupermart, the FSM Rewards Programme lets you pay even lower sales charge when you invest more with us!
Fsm Rewards Programme*
| Investors
| Qualifying criteria |
Discount on sales charge |
| General |
$0 - $74,999 |
NIL |
| Silver |
$75,000 - $249,999 |
0.8% on equity funds |
| Gold |
Above $250,000 |
0.6% on equity funds |
| FSM Platinum Club |
Net assets exceed S$2 million or equivalent value in any foreign
currency or income in the preceding 12 months is not less than $300,000 |
0.5% on restricted funds |
^ Amount is based on the
current value or investment amount of your current unit trust holdings,
whichever is higher. The investment amount of purchases which are still
being processed will be included as well.
|
CPFIS Registered Investment Administrator
