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Anonymous
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.
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Hariz Arthur Maloy
07 Jun 2019
Independent Financial Advisor at Promiseland Independent
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Your platform is not charging any Sales Charge. They earn from the trailer fees given by the fund.