Allianz income and growth cl am dis h2-sgd

Ouch! 4% commission is very costly in this age of zero-fees platforms for unit trusts, POEMS and dollarDEX (FSMOne not exactly zero-fees as they charge platform fees for cash/SRS). 4% of $100k investment means an upfront loss of $4k to pay for sales charge, and would take 8 months of $500 payouts just to recover the capital.

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You can use FSM Fund Selector tool to research for alternative funds:

https://secure.fundsupermart.com/fsm/funds/fund...

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Notice that Allianz fund is characterized as "Alternative Investments - Asset Allocation" by FSM:

https://secure.fundsupermart.com/fsm/funds/fact...

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So, the fund selector selection criteria can be:

Specialist Sector - Alternative Investments - Asset Allocation

Currency - SGD

Payment Method - Included under Cash

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Strictly based on dividend yield for funds with monthly payout frequency, there is only one other fund (DWS Invest Multi Opportunities LDMH SGD) with higher dividend yield.

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Attached images are relevant screen captures of the above.

Actually u can buy UT with poems/fsmone no sale charge, no transaction fee, but since you already bought just leave it there, else the bank will charge u transaction fee again. I also own this UT. 7%+p.a dividend. Not many good option if you want monthly cashflow, with high payout. The fund will fluctuate between $9 to $10 per unit, so dont need to be too concern if your fund unrealised profit/loss is negative. Fixed income are like that, no growth, stagnent.