In America, you can invest in "no-load" funds. They do not have any upfront charge. 100% of your money is invested.
In Singapore, the usual upfront charge is 3% to 5%. Some unit trusts offer promotions that reduce the upfront charge to less than 2%.
I like to ask visitors to my blog to submit a comment. Are you aware of any unit trust that offer a upfront charge of 2% or lower? Give the following details: name of unit trust, distributor, website, upfront charge, expense ratio, size of fund.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment