Good news to unit trust investors in Malaysia. FundSuperMart, the renoun and largest online unit trust distributor in Singapore has now come to the country.
The FundSuperMart in Malaysia is operated by iFAST-OSK Sdn Bhd, a joint venture between Malaysia’s OSK Investment Bank Bhd and Singapore's iFAST Corp. Investors are able to perform online unit trusts buy/sell transaction, as well as make use of their online tools to check portfolio and calculate return. There are also research articles and fund selection tools to help you select for suitable funds based on your investment strategy.
One of the attraction of FundSuperMart is that it has a comparatively low fund sales charges of 2% only. Currently, unit trusts of the following fund managers are available:
- Alliance Investment Management Bhd
- AmInvestment Services Berhad
- OSK-UOB Unit Trust Management Berhad
- Pheim Unit Trusts Bhd
- Prudential Fund Management Berhad
- RHB Investment Management Sdn Bhd
Meanwhile Tune Money, the online financial service portal of Dato' Tony Fernandes is also planned to sell unit trusts on their portal soon.