I received an advertising mailer from Fundsupermarket. They offer a range of investments funds with an sales charge of 1.75%, and are available for regular savings plans. Details are shown here.
http://www.fundsupermart.com/main/research/viewHTML.tpl?lang=en&articleNo=2289
The sales charge of 1.75% is even lower than the spread of 3% chargeable for single premium investments by insurance companies. The expense ratio of some of the funds are quite accepable, between 1% and 1.5%.
If you have invested in some of these funds, please share your experience. I shall be contacting Fundsupermarket to learn more about these funds.
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