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Monday, September 17, 2007

Funds with Low Upfront Charge

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.

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