facebookI was recommended the prulink dynamic income fund. Anyone can list the pros and cons and whether it is worth to invest? There is a investment charge of 5% for the first year and 1.25% every year after? - Seedly
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Anonymous

18 Sep 2020

I was recommended the prulink dynamic income fund. Anyone can list the pros and cons and whether it is worth to invest? There is a investment charge of 5% for the first year and 1.25% every year after?

Please help to list the pros and cons.

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    Discussion (3)

    What are your thoughts?

    Elijah Lee

    Elijah Lee

    18 Sep 2020

    Level 19·Independent Financial Advisor at Phillip Securities (Jurong East)

    Hi anon,

    The underlying fund is Eastspring's Monthly Income plan.

    You can buy the same fund on other platforms without any sales charges (the"investment charge").

    The management fee of the fund is build into the fund's NAV and thus the 1.25% p.a. is already accounted for in the fund pricing; you cannot do anything about it.

    Hope this clarifies on the method by which you are looking at investing.

    As to whether this fund is something you should buy or not, that is another matter entirely, depending on what you expect or are looking for.

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