It just gets better with time when you invest with Fundsupermart.com.
Invest more and pay less
At Fundsupermart, we are strong believers of diversification through sensible portfolio construction and long-term investing. That’s why we have created a FSM Rewards Programme to give investors greater incentive to stay invested for the long-term. As you invest more and accumulate your holdings in unit trusts, you will be given a “Silver” status
which gives a further 0.25% discount off funds at FSM’s initial sales charge 2%. The tier for Silver status ranges from S$75,000 – S$249,999.
As long as you maintain your current holdings (which includes unit trusts Current Value and Cash Account Available Balance deposits in the same investment account) within this tier, you will continue to pay 1.75% sales charge for purchase of funds at FSM’s 2% initial sales charge. Purchase will include buy transactions within the same purchase order, regular savings plan (RSP), and switching. For more details on how discounts are applied to each buy transaction, go to our FAQs. Transfer-ins of unit trust holdings from other distributors will count towards getting the respective status based on your current holdings.
Current holdings are "completed" trades. Completed trades take T + 5 business days for CPF trades and T + 4 business days for cash trades before they appear in your "View Holdings". For more information on completed trades, go to FAQs
Just a thing to note, should the total amount of your lump sum investment be S$250,000 or more, you will enjoy 0.5% (Gold status) discount off funds at FSM’s 2% initial sales charge. So you pay only 1.5% sales charge.
If your current holdings grows to S$250,000 and beyond, you will be given a Gold” status
that allows you to enjoy even more discount, so you pay only 1.5% sales charge for funds at FSM’s initial sales charge 2%.
For FSM promotional sales charge 1.75% or lower sales charge 1.75% with RSP for selected funds, Silver and gold status investors will be able to enjoy an additional 0.25% discount, amounting to 1.5% and 1.25% respectively!