FSMOne web platform

[makav31i]

How to verify bank account? New user here.

Deposited $100, withdrawing $50 to test before depositing all the remaining.

Withdrawal around 3-4 days ago but have not received the money.

2-3 working days...Someone said that they issued cheque to your bank...So that's why it is not instant...

 

[thisislife]

i think there's a brother who did RSP for VT (VANGUARD TOTAL WORLD STOCK INDEX FUND ETF SHARES) in FSMOne.

is it really worthwhile and cheaper?

dividiend they will jiak minimum of 2.5USD (or max 25 USD) lo, that's about it

 

[kurtgoh]

i still have some USD in standard charter, wonder if its possible/feasible to transfer them to FSM for the RSP..

 

[5408854088]

How to verify bank account? New user here.

Deposited $100, withdrawing $50 to test before depositing all the remaining.

Withdrawal around 3-4 days ago but have not received the money.

can refer to question 10, 11, 12 of the FAQ
https://secure.fundsupermart.com/fsm/advice-services/faq/9021/

i think verification is done automatic after the first successful transfer. so after you have completed the first transfer, the next time when you want to transfer again, it will show as verified status.

your first withdrawal might take a few days. could be due to the verification. subsequent ones should be quite fast like approximately 15 minutes according to the FAQ.

if bank account details are provided, they will transfer to your bank. otherwise will have to wait for cheque.

 

[teckgamer]

Topped up my account and started RSP on VT and VOO.
Pretty fast to transfer to the cash account. Converted it to USD and get started.

 

[kurtgoh]

Topped up my account and started RSP on VT and VOO.
Pretty fast to transfer to the cash account. Converted it to USD and get started.

it roughly took 3 days to transfer to cash account from auto sweep.

how does the conversion of USD works?
cash account SGD to another cash account USD?

pardon me for asking this,
aren't you bothered by the withholding tax of 30% from these 2 counters?
other than that, the management fee is considered very low.

 

[intime]

Seems like got 9 more etfs added to the rsp list.

 

[kurtgoh]

Seems like got 9 more etfs added to the rsp list.

yes, 49 now.
used to be 40 only

 

[NinjaStars]

Seems like got 9 more etfs added to the rsp list.

You are right! Must be view under the "All" tab then can see the new additions.

 

[S1mpleGuy]

for overseas i thought IB cheapest? why use FSM?

 

[NinjaStars]

i still have some USD in standard charter, wonder if its possible/feasible to transfer them to FSM for the RSP..

Just do a USD deposit into FSM from SCB?

 

[wutawa]

i still have some USD in standard charter, wonder if its possible/feasible to transfer them to FSM for the RSP..

U cant transfer directly from scb usd settlement to fsm

 

[kurtgoh]

U cant transfer directly from scb usd settlement to fsm

ok, thanks..

 

[5408854088]

for overseas i thought IB cheapest? why use FSM?

it also depends on which tier you are on and how often you trade

 

[kurtgoh]

has anyone reviewed the new ETF under FSM RSP?

i did a little studies on my own.

they have added a few interesting ETF

https://secure.fundsupermart.com/fsm/article/view/rcms208900/unsure-of-which-etfs-to-choose-for-your-portfolios-then-check-out-our-latest-etf-focus-list

 

[limster]

has anyone reviewed the new ETF under FSM RSP?

i did a little studies on my own.

they have added a few interesting ETF

FSMOne chose the wrong China ETF.

Vanguard 3169 AUM is S$36m, value traded today, TER 0.40%, HKD217k

iShares 2801 AUM is S$736m , management fee 0.20%, value traded today HKD 520k


iShares has 20x AUM and double the value traded for 3169.

 

[kurtgoh]

FSMOne chose the wrong China ETF.

Vanguard 3169 AUM is S$36m, value traded today, TER 0.40%, HKD217k

iShares 2801 AUM is S$736m , management fee 0.20%, value traded today HKD 520k


iShares has 20x AUM and double the value traded for 3169.

i see, didn't cover there yet.

as i was kinda confused by China and great china,
i'm not sure what do they mean by great china, but i guess its probably got to do with HK..

hence, avoid since i dont understand

 

[kurtgoh]

i saw they got an interesting ETF: NYSE:OGIG,

Tech Global
NYSE:OGIG
current: USD 31.700
fund size: USD 128.40*million
listed 5-Jun-18
1yr 35.04%
3yr
5yr
10yr
Expenses 0.48%
management 0.48%
dividend NIL

another that caught my eyes are:

Tech US
NYSE:FTEC
current: USD 53.580
fund size: USD 3,541.53*million
listed 24-Oct-13
1yr 30.03%
3yr 22.93%
5yr 20.64%
10yr
Expenses 0.08%
management 0.08%
dividend Quarterly

 

[coldboy]

In order to enjoy the $10 sales charge for sg stocks, does it mean I have to transfer my holdings from CDP to FSMOne? Or does FSMOne allow me to sell direct from CDP?

Posted from PCWX using GM1910

 

[wutawa]

In order to enjoy the $10 sales charge for sg stocks, does it mean I have to transfer my holdings from CDP to FSMOne? Or does FSMOne allow me to sell direct from CDP?

Posted from PCWX using GM1910

U can sell cdp shares thru fsm. Just make sure the amount is correct.