Good news !
The famous Unit Trust portal that was popular in Singapore is now in Malaysia too. Based on the website www.fundsupermart.com.my , you can buy funds from the following fund house namely Affin, Alliance, AmMutual, OSKUOB, Pheim, Prudential, RHB and TA investment. Hopefully more will be joining the bandwagon
One of the specialty of FundSuperMart is the pricing. Their sales charges at 2% or lower. Besides that, the company outline the following benefits
1. Specialization
2. Better independent research content
3. Strong tools i.e Chart Centre, fund returns and fund selector
4. Short transaction time
5. Wide range of fund
6. Long operation hours hotline
7. Great service - this is subjective though ;)
8. Can share your idea in the forum
9. Strong Ownership
10. Can use EPF to purchase your fund
Potential concern
1. You have to make your own decision on which fund to buy
2. You may not feel comfortable when putting your account in nominees/trustees
My take on this
1. Worth to invest if you buy the idea of professionally managed unit trust at reduced charges
2. Increase your knowledge based on the research report available in the website
3. Chance to mingle with the like minded people via the forum
Hope with more competition on the sales charge rate, everyone can benefit with the service. This is in lieu of high inflation and possible economic recession.
1 comment:
The last time i check, the funds they offer in Malaysia is quite limited. Or maybe we can buy the funds listed in its Singapore website?
Post a Comment