Are you buying your unit trust through banks, brokers or online?
With commission of online unit trust retailers half that of banks/brokers, it make sense to use online brokers to save on the charges.
In Singapore, I know of 3 pure online distributors - FundSuperMart, FinatiQ and dollarDex. (Please share with me if you know of others)
Some banks and securities houses like Phillip Securities’s POEMS also allows buying of unit trust online.
Buying online is simple and easy, saving not only money but also time. In future posts, I will be sharing my experience with these distributors.
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