What is the best way for a beginner to invest in Unit Trust?

Eg Schroder Asian Growth Fund, FSSA Dividend advantage fund. Should i use POEMS or through bank such as DBS? what will be the "charges" involved?

POEMS by PhillipCapital

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Zac

16 Feb 2021

Noob at Idiots Invest

Hi,

I'm a beginner too. Concerning unit trusts, I found this article at The Invest Quest massively helpful, you might too.

Also, I notice you singled out Schroder Asian Growth Fund and FSSA Dividend Advantage Fund. According to a comparison done by The Invest Quest, Endowus apparently offers the cheapest option for purchasing these funds.

I invest with Endowus, you can check out why I chose them here.

If you're convicted about Endowus and need a referral code, here you go! We both get $20 in access fee credit.

For your consideration!

Disclaimer: I have no affiliation with The Invest Quest. I just don't believe in reinventing the wheel. Good things, must share. Their articles may be long, but their content is very understandable.

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Billy

16 Feb 2021

Development & Acquisitions Manager at Real Estate Private Equity

Hi Alicia!

I'm personally vested in funds and I bought them through FSMOne as they have $0 sales charge. However they do charge a quarterly platform fee of 0.05%. https://secure.fundsupermart.com/fsm/advice-ser...

Good thing is that you can switch between funds at zero cost as well.

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