Fundsupermart.com (FSM) Malaysia is the online unit trust distribution arm of iFAST Capital Sdn. Bhd. ("iFAST Capital"). iFAST Capital is a subsidiary of iFAST - OSK Sdn. Bhd., which owns 86.5% of iFAST Capital. iFAST - OSK Sdn. Bhd. is an investment holding company and is a joint venture between Malaysia's OSK Investment Bank Berhad and iFAST Corporation Pte. Ltd. ("iFAST Corp").
iFAST Capital is a holder of a Capital Markets Services Licence (CMSL) and is licensed by the Securities Commission to conduct the following regulated activities:
- To deal in unit trusts
- To offer investment advisory services
iFAST Capital is also registered with the Federation of Investment Managers Malaysia (FiMM) as an Institutional Unit Trust Adviser (IUTA).
iFAST Capital is part of iFAST Corp, which is headquartered in Singapore and the iFAST group of companies are also present in Hong Kong, Malaysia and India.
The company was incorporated in Singapore on 10 January 2000.
iFAST Corp, via its wholly-owned subsidiary iFAST Financial Pte. Ltd., is Singapore's leading online distributor of unit trusts as well as the leading operator of an investment platform for financial advisers and financial institutions. It carries the Capital Markets Services (CMS) and Financial Adviser (FA) licences issued by the Monetary Authority of Singapore (MAS), and is also one of three appointed Central Provident Board (CPF) Investment Administrators.
iFAST Corp has two corporate shareholders. They are SPH AsiaOne Ltd, the Internet arm of Singapore Press Holdings, Singapore's largest media group, and DMG & Partners Securities Pte Ltd (51% owned by OSK Investment Bank Berhad and 49% owned by Deutsche Bank). In recent years, iFAST Corp has been expanding beyond local shores. In 2007, iFAST Corp launched its first overseas business, Fundsupermart in Hong Kong and in 2008, it launched Fundsupermart in Malaysia.
In 2009, iFAST Financial India launched its operations in India.