Fundsupermart New Pricing Structure: Platform Fee??

[Private Investor]

Regression to the mean?

All companies will start to decline at some point of time, when the management has made a bad judgement call

[choozm]

Profit driver vs. customer value driven... Serving short term shareholders (SPH) vs. serving long term customers....

My impression is that FSM thinks the formers are more important and worth sacrificing customers' value to achieve that.

[TBFF]

Just received email from FSM that they have been notified of my request to transfer out my holdings - one email for each UT that is to be transferred!

[momo]

Anyone knows if AvivaDirect also reinvests dividends automatically? Can't find such info at their FAQ. Thanks.

[Alan]

Thank you fundsupermart for charging platform fee and making me sell off all my cash/srs funds to avoid the recent drop.

When is a good ime to get back into the market?

[makoshark]

Thank you fundsupermart for charging platform fee and making me sell off all my cash/srs funds to avoid the recent drop.

When is a good ime to get back into the market?

Today

[Private Investor]

Got some good counters at good price at the start of the trading...

[makoshark]

Got some good counters at good price at the start of the trading...

Watch this weekend.
Be ready to cut loss and get out on Monday should the Europe situation gets worse.

[Private Investor]

Watch this weekend.
Be ready to cut loss and get out on Monday should the Europe situation gets worse.

ah.... I will flying to Europe for work for the next 1 week. Hopefully no major movement in the markets as I have no access to my brokerage accounts

unlikely markets will drop more than 10% within 1 week bah

[makoshark]

ah.... I will flying to Europe for work for the next 1 week. Hopefully no major movement in the markets as I have no access to my brokerage accounts

unlikely markets will drop more than 10% within 1 week bah

Unless the stocks you bought are those that you don't mind holding for long term AND you manage to get them cheap, you should never leave them unattended for such a long time these days.
I have a feeling that the downside risk is much higher than the upside although the global govt might implement some short term "sounds good" plan which could con the market to be higher for a while.
To be honest, If I was not going to be able to monitor my positions for a week, I won't have taken a position even though I think the correction over these 3 days have been over done.

BTW, hope the iceland volcano doesn't get worse and you end up being stuck in Europe more than 1 week.

[Private Investor]

BTW, hope the iceland volcano doesn't get worse and you end up being stuck in Europe more than 1 week.

hahaha... hopefully there will not be a third wave of volacanic ash. This is something i am worried too.... what a bad time to travel these few weeks......

[serendib]

StreetTracks STI ETF is included in CPFIS-OA. I'm vested personally.

See here also:
http://www.streettracks.com.sg/ssga/jsp ... s.jsp#cpf1

Can I use my CPF to purchase streetTRACKS STI?
streetTRACKS STI is included in the CPF Investment Scheme - Ordinary Account. CPF members are allowed to invest up to 100% of their CPF savings in streetTRACKS STI, compared to only 35% for other Singapore stocks listed on SGX-ST.

[indexfundfan]

What a change after being absent for a while. I received the following from FSM. I guess part of the platform is used to fund this promotion:

Dear Sliver Investors,

Fundsupermart.com has always believed in the benefits of having a well-diversified portfolio. That is all too clear during times when markets experience upheavals. While many of us may also believe in the benefits of having a portfolio allocation which has both equities, bonds and other asset classes with low correlation, how many of us really preach what we say?

With this in mind, Fundsupermart.com will like to start the ball rolling by offering you, our Sliver-status investor, an exclusive offer: Fundsupermart.com will credit SGD 10 worth of units in the Fidelity Funds – Asian High Yield Fund (USD-class) on Monday 10th May 2010. The Fidelity Funds – Asian High Yield Fund is the only fund invested in the Asian high yield bond sector on Fundsupermart.com.

[indexfundfan]

By the way, does anybody know what is a "Sliver" investor?

Whoever wrote the emails and this page:

http://www.fundsupermart.com/main/resea ... cleNo=3992

should have proofread the content.

PS. I think it was written by the GM since the emails were signed off by him.

[Private Investor]

By the way, does anybody know what is a "Sliver" investor?

Silver investor means Investors with holdings ranging from S$75,000 – S$249,999 will be accorded a “Silver Status”

[indexfundfan]

By the way, does anybody know what is a "Sliver" investor?

Silver investor means Investors with holdings ranging from S$75,000 – S$249,999 will be accorded a “Silver Status”

That's for a "Silver" investor. I am asking about a "Sliver" investor.

[autumn]

By the way, does anybody know what is a "Sliver" investor?

Silver investor means Investors with holdings ranging from S$75,000 – S$249,999 will be accorded a “Silver Status”

That's for a "Silver" investor. I am asking about a "Sliver" investor.

must be a typo.

[serendib]

Gold Investors getting S$30 worth of units in this 3month old UT with annual mgmt fee of 1% and is already below its launch price!

what a gift!

What a change after being absent for a while. I received the following from FSM. I guess part of the platform is used to fund this promotion:

With this in mind, Fundsupermart.com will like to start the ball rolling by offering you, our Sliver-status investor, an exclusive offer: Fundsupermart.com will credit SGD 10 worth of units in the Fidelity Funds – Asian High Yield Fund (USD-class) on Monday 10th May 2010. The Fidelity Funds – Asian High Yield Fund is the only fund invested in the Asian high yield bond sector on Fundsupermart.com.

[Hulumas]

I stick to pure equity fund as per today!

[TBFF]

Wow... they give me $30 worth of Bond Fund and then charge me $300 for platform fees?

No, thank you! I can afford to buy the funds myself.

[penumbra]

the fund has a minimum redemption amount of 500 USD. what can you guys do with the 10-30 SGD worth of units?

http://www.fundsupermart.com/main/fundi ... ber=FID033

[Rommie2k6]

Gold Investors getting S$30 worth of units in this 3month old UT with annual mgmt fee of 1% and is already below its launch price!

what a gift!

WOW! You need 250k to be a gold investor right? Please FSM, are you trying to insult your customers. Citibank is giving me $40 voucher to open bank account with them, and I only need to deposit $2000 you know...

[TBFF]

Just received notice that 2 of my funds have been transferred out of FSM. I checked and indeed both funds were gone from FSM. Now 5 more funds to go....

[songlip]

Got a email from DD that they are initiating the transfer but nothing from FSM yet.

[momo]

OT: AvivaDirect extended their 1% sales charge promotion to 30 June 2010.