FSMone New Application

yellownova

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To anyone who has applied for FSMone before,

I've applied for a new account and waiting for its approval.

But checking the Account settings there's a bunch of crosses on things that needs to be approved.

o0st8UEl.jpg


Do I have to apply for ALL these, if I only want to use the RSP ETF, and maybe purchasing single stocks?
 

makav31i

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To anyone who has applied for FSMone before,

I've applied for a new account and waiting for its approval.

But checking the Account settings there's a bunch of crosses on things that needs to be approved.

o0st8UEl.jpg


Do I have to apply for ALL these, if I only want to use the RSP ETF, and maybe purchasing single stocks?

Do the CKA/CAR assessment if you want to RSP the ETF listed in SGX...
 

tangent314

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I believe most of the ETFs including ES3, MBH, A35, G3B should fall under securities, so don't need CAR/CKA
Some special ones do need, like J0P or K6K
 

makav31i

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I believe most of the ETFs including ES3, MBH, A35, G3B should fall under securities, so don't need CAR/CKA
Some special ones do need, like J0P or K6K

For FSM RSP of SGX listed ETF you need to do that if I remember correctly when I applied...The questionnaire is just less than 30s to do anyway...So no harm just doing it...

Edit:
Sorry CAR/CKA only necessary if you want to buy Unit Trust...Just do it anyway since it is just answering a few questions and you can just lie to pass the test...
 
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yellownova

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For FSM RSP of SGX listed ETF you need to do that if I remember correctly when I applied...The questionnaire is just less than 30s to do anyway...So no harm just doing it...

Edit:
Sorry CAR/CKA only necessary if you want to buy Unit Trust...Just do it anyway since it is just answering a few questions and you can just lie to pass the test...
Thanks to all for the replies.

I had to ask because I am not eligible for any of the options for the FSM Prestige, so just checking if all these are mandatory or optional tasks.
 

abkt99

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Hi,is it better to keep your shares in CDP or have them transferred to FSMOne account after you have open the account?Thanks.
 
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