Unit Trust

[zoneguard]

Why so much mention of inferior options but not endowus?

Exclusive access to Sp500 and global stock index passive funds, full trailer fee rebates, no withdrawals or sales charges, lower agent bank charges.

Agent bank charges are determined by agent bank. So Endowus's position is neutral with regards to other distributors on this aspect. Endowus charges access fee which is basically a platform fee based on AUM.

 

[s0crates]

No not true. Buying a bunch of funds, with rebalancing /switching services is lower for endowus compared to other distributors due to the CPF investment administrator set up.

Agent bank charges are determined by agent bank. So Endowus's position is neutral with regards to other distributors on this aspect. Endowus charges access fee which is basically a platform fee based on AUM.

 

[zoneguard]

No not true. Buying a bunch of funds, with rebalancing /switching services is lower for endowus compared to other distributors due to the CPF investment administrator set up.

There's more than 1 CPFIS IA around. Endowus isn't one btw - they just use UOB KH which is IA. https://www.cpf.gov.sg/Assets/members/Documents/INV_AnnexC.pdf
IFAST
NAVIGATOR
PHILLIP
UOBKAYHIAN
are all IA.

 

[MindMatrix]

Are these unit trusts purchased as Investment-Linked Insurance Products (ILPs) directly from Prudential using CPF-OA monies?

And you can't invest in global tech because you want to use CPF-OA money? I think in the past CPF Board allowed CPF-OA money to be used to purchase global tech unit trusts; but now they don't allow (because they realized that people could actually make more money investing than keeping the money in CPF-OA).

It's not only whether CPF allow. It's also whether the unit trusts themselves want to continue to allow cpf to be used because there's conditions imposed on them. Don't make speculative allegations based on your limited mindset lah. Why don't you confirm directly with the unit trusts and become enlightened?

 

[Sprinklesofrainbow]

Actually now M******* offering extra 66% bonus units and free capitavouchers.
Over 100 funds available on platform!

FREE sales charge as well

 

[cscs3]

1. FSM, POEMS, Dollardex charge ZERO sales charges. Why you use banks?
2. Dollardex, POEMS charge ZERO platform fees. Choose the right platform.
3. I don't understand your point. The returns on unit trust is also compounded.
4. Unit trust does not buy 1 company stock. Your CPF is managed by 1 party.

You keep talking about the additional 1% but CPFIS can only use funds that doesn't earn this additional 1% so what are you going on about? Apple to apple comparison please.

Please read term and condition again carefully. The fee already build into your purchase price!
For item 4, you are into politic? Then you better use company outside Singapore! You need to check your CPF account for interest earned. Otherwise, how do you expect others to trust your advice in investment?

 

[hwmook]

Please read term and condition again carefully. The fee already build into your purchase price!
For item 4, you are into politic? Then you better use company outside Singapore! You need to check your CPF account for interest earned. Otherwise, how do you expect others to trust your advice in investment?

Your mentioned sales charge then now want to twist and turn to say fees build into purchase. Forget it, no need to discuss here if you can't accept the facts. Don't worry about me, i buy equities outside of Singapore. I won't put all my money in a country where the prime minister call voters names.

 

[MindMatrix]

Your mentioned sales charge then now want to twist and turn to say fees build into purchase. Forget it, no need to discuss here if you can't accept the facts. Don't worry about me, i buy equities outside of Singapore. I won't put all my money in a country where the prime minister call voters names.

Try investing in Somalia and Nigeria, they don't call names there. Seriously.

 

[HWZ1973]

This one if market crash especially nasdaq then also gg....

 

[Sprinklesofrainbow]

This one if market crash especially nasdaq then also gg....

Actually the unique selling point of it is the 3 sleeves approach which is used to cushion 78% of the downside impact.
Additional to that, you’re not buying into one particular company, you have a diverse basket so as to minimise your risk!

 

[HWZ1973]

Actually the unique selling point of it is the 3 sleeves approach which is used to cushion 78% of the downside impact.
Additional to that, you’re not buying into one particular company, you have a diverse basket so as to minimise your risk!

Did it cushion the crash in March 2020?
It crashed in tandem with the whole market....

 

[Panerex]

Starts from only $200, you get 36% extra bonus units!

Invest in Allianz income and growth

Gives u 8% monthly dividend

Pm me if keen

How much is the sales charge?

 

[boredboiboi]

How much is the sales charge?

No sale charges. But there is a fee if 2.5% per annum. The bonus and premium mentioned is for a 20 years premium term.

 

[Sprinklesofrainbow]

Did it cushion the crash in March 2020?
It crashed in tandem with the whole market....

From April to June, Q2 still above 8% dividend

 

[Sprinklesofrainbow]

No sale charges. But there is a fee if 2.5% per annum. The bonus and premium mentioned is for a 20 years premium term.

Yes no sales charge, and no charge for switching of funds. You can pay for 10 years only and let it roll for the next 10 years.

 

[digitalguy]

May i know how the charges like sales charge, admin charge,trailer charge, etc are charged to me? I am planning to get pimco monthly income fund.

 

[hwmook]

May i know how the charges like sales charge, admin charge,trailer charge, etc are charged to me? I am planning to get pimco monthly income fund.

Sales charge vary depend on where you buy the unit trust from. Buy from dollardex then its 0%, buy from banks up to 5%.

Admin fees, never heard of such things. Maybe insurance companies charge such rubbish but in general no such things.

Trailer fees is what the fund managers pay to those companies you buy the unit trusts from. Its not directly charged to you.

You only need to care about sales charge. Buy from dollardex then no sales charge.

 

[s0crates]

Buy from Endowus because they have no sale charges, and access to institutional share class.

It's the all-in cheapest way to invest in PIMCO funds.

May i know how the charges like sales charge, admin charge,trailer charge, etc are charged to me? I am planning to get pimco monthly income fund.

 

[hwmook]

Buy from Endowus because they have no sale charges, and access to institutional share class.

It's the all-in cheapest way to invest in PIMCO funds.

Platform fees kind of high so it depend on which fund are you buying on endowus.

 

[s0crates]

I checked before, PIMCO funds they are cheaper.

Platform fees kind of high so it depend on which fund are you buying on endowus.