facebookAm I actually paying for sales charge if the platform states 0% while unit trust fact sheet says "up to 5% initial sales charge"? - Seedly

Advertisement

Anonymous

07 Jun 2019

SeedlyAMA

Am I actually paying for sales charge if the platform states 0% while unit trust fact sheet says "up to 5% initial sales charge"?

My online platform says 0% sales charge for Unit Trust whereas the Unit trust fact sheet says "up to 5%" initial sale charge. Am I paying for that sales charge? secondly if these platform says 0% sales charge, 0% platform fee etc, how they make money for Unit trust then? Can anybody explain? Thanks.

AMA The Fifth Person

Discussion (5)

What are your thoughts?

Learn how to style your text

Hariz Arthur Maloy

07 Jun 2019

Independent Financial Advisor at Promiseland Independent

Your platform is not charging any Sales Charge. They earn from the trailer fees given by the fund.

View 4 replies

Write your thoughts

Advertisement