FSMOne web platform

[ChinoGirl]

You mean for FSM? How about for POSB Invest saver?

Not safe. If bankruptcy our shares gone

 

[Asphodeli]

Not safe. If bankruptcy our shares gone

Notto disu shitto agein...

Posted from PCWX using XT1635-03

 

[5408854088]

Not safe. If bankruptcy our shares gone

put money in tin can will be safer.

 

[Brown24]

Not safe. If bankruptcy our shares gone

U mean u don't know the monies are separated from the company?

 

[Okenba]

put money in tin can will be safer.

Not safe. Wait parents accidentally sell to garang guni man...

 

[kurtgoh]

apart from STI ETF, what else is worth doing RSP?

 

[kurtgoh]

just realized that interbank giro dont really work for FSMone.

in order for RSP,
you need to create a cash account.
then auto giro from your bank, from which, they will auto deduct and do RSP.

am i correct?

 

[Mecisteus]

just realized that interbank giro dont really work for FSMone.

in order for RSP,
you need to create a cash account.
then auto giro from your bank, from which, they will auto deduct and do RSP.

am i correct?

You can do a CAT for auto transfer. Initiate from FSM.

Otherwise, do a recurring transfer from bank. Initiate from bank.

 

[Irenicis]

For buying Unit Trusts, is FSMone the best/cheapest platform in Singapore?

Or are there alternatives?

 

[Mecisteus]

For buying Unit Trusts, is FSMone the best/cheapest platform in Singapore?

Or are there alternatives?

You can try Phillip Capital.

Do take note of platform fees for UT in FSM.

 

[Irenicis]

You can try Phillip Capital.

Do take note of platform fees for UT in FSM.

That one no platform fees?

 

[JustDoLor]

FSM charges platform fees for UT if use Cash/SRS, except if u use CPF.

Phillip and Dollardex no platform fees. Check out these 2 for any account opening and/or transfer-in promotions.

That one no platform fees?

 

[Irenicis]

FSM charges platform fees for UT if use Cash/SRS, except if u use CPF.

Phillip and Dollardex no platform fees. Check out these 2 for any account opening and/or transfer-in promotions.

Thanks, shall look at POEMS instead to save on the platform fees.

 

[ChinoGirl]

What is the fee about?

 

[5408854088]

open account not long ago, then today received email they deducted fee, moving to other platform

think you opt into auto sweep account that is why they are charging you

 

[Mecisteus]

What is the fee about?

Only certain assets have fees.

Stocks and ETFs don't have platform fee.

UTs have platform fees.

https://secure.fundsupermart.com/fsm/new-to-fsm/pricing-structure

 

[Brown24]

open account not long ago, then today received email they deducted fee, moving to other platform

They charge 0.05% per quarter for auto sweep account.
U can choose to use cash account without any charges with lower interest

 

[Sadisticnoob]

They charge 0.05% per quarter for auto sweep account.
U can choose to use cash account without any charges with lower interest

Auto sweep got management fee ah If have I move out. Understand that it's an implicit management fee

Sent from HUAWEI INE-LX2R using GAGT

 

[ChinoGirl]

Worth getting charged this management fee for auto sweep account ? Saw from their website that the yield is around 1.2%.

They charge 0.05% per quarter for auto sweep account.
U can choose to use cash account without any charges with lower interest

 

[klanddt]

You will also appreciate that you invested in their "Auto-sweep" product which gives about 1.3% returns but 0.2% annual fee.

There is no platform or management fee otherwise.

open account not long ago, then today received email they deducted fee, moving to other platform