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Tag Archive for 'FundSupermart'

Introduction to Online Unit Trust Investing

what-to-investInvesting in Unit Trust is easy. Like all things worth doing in life, you may need to climb a little learning curve. Do not be discouraged, the time investment you put in will reap many time return.

An investment in knowledge always pays the best interest.

- Benjamin Franklin

If you are reading this I can assume you know how to get online and is perhaps looking to do self-directed investing online. (Sorry for the jargon, it simply mean investing yourself).

In this first installment on Unit Trust Investing, I will introduce how to get started.

Continue reading ‘Introduction to Online Unit Trust Investing’

Popularity: 12%

FundSuperMart

FundSuperMart

Of the 3 online unit trust retailers, Fundsupermart (FSM) is my favourite site for unit trust investing in Singapore.
What I like about fundsupermart.

  1. Good, informative, original articles. Unlike the other sites, FSM has editors that research and write articles. This set them apart from sites that uses fund managers stories. They also publish a magazine. Having SPH as an investor does shows.
  2. Simple and easy to use user interface.
  3. Good set of functions to search, compare and chart funds.
  4. Only unit trust site with a forum. This actually show that FSM “get it” when comes to online interaction and leveraging the online media to reach out and create community.
  5. SGS bonds. Though I don’t buy them, they are a good concepts and add to the investment mix. This and beening the first CPFIS Investment Administrator show that They are creative in delivering value to customers.

What fundsupermart can improve on.

  1. Articles are getting more “markety“. More objective and well-researched article please.
  2. Function to chart investment over time.
  3. Graph or table to compare invested amount against CPF or bank return.

Popularity: 83%

Online Unit Trust Retailers

onlineAre 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.

Popularity: 5%