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Roger Leng

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Roger Leng

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Roger Leng

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Investments

FSM One

Stocks Discussion

Is it true that there is no custodian fee when holding stocks bought from foreign market? Is there any special condition/hidden fees for it?
Roger Leng
Roger Leng
Level 3. Wonderkid
Updated on 07 Jun 2019
Hi David, I'm Roger from FSMOne.com. We can confirm that there are no custodian fees imposed on stocks bought from foreign markets. Here is the link to the list of charges and fees for respective markets. https://secure.fundsupermart.com/fsm/stocks/ways-to-trade If you have further questions, feel free to drop us a note at [email protected] Cheers! Roger
ūüĎć 2

Investments

ETF

FSM One

I'm going to use FSMone to invest in ETFs outside of SGX, however all the etf outside of SGX is classified as SIP. Does that mean that we won't be able to buy them if we do not pass CKR/CAR?
Roger Leng
Roger Leng
Level 3. Wonderkid
Answered on 30 May 2019
Hi there, I'm Roger from FSMOne.com. Usually, overseas listed ETFs are considered to be listed SIP products. You will need to pass the requirements (either one of investments, educational and working) in order to start investing in listed SIPs without any restriction. For investors who do not meet the requirements for CAR assessment, you will need to acknowledge the potential implications and consequences and subject to an investment limit of S$50,000 (max) on all accounts on FSMOne.com before you can proceed to place online transaction orders. You can find out more about CKA/CAR information from our FAQ. https://secure.fundsupermart.com/fsm/advice-services/faq/121/ Alternatively, you can also contact our friendly client services team (6557 2853) for more information too. Thank you! Roger
ūüĎć 1
Level 3. Wonderkid
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