if I plan to keep my fund for more than 5 years, I buy the traditional fund ... 5%/10 years = 0.05%
If I plan to keep the fund for only 3 years, then I should buy this wrap fund ?
KCLau
· 1 year ago
of course you can think like this normally unit trust is passively managed by investor .. it is like buy and forget but with the wrap account, where switching is free, you can do as much switching and balancing as possible And your advisor should help you to do that or advise you to.. that's more pro-active
Kris
· 10 months ago
This is really cool. I heard this before from my Singaporean friend. How do we partake in this revolution etc as agent, etc..
KCLau
· 10 months ago
There are a few requirement, which is quite tough to comply 1. have to untie from your previous Unit trust company (meaning resignation) 2. Have to get the CFP or RFP (all modules) 3. Have to get the CMSR license 4. Register with FMUTM as CUTA UTC
All Comments
if I plan to keep my fund for more than 5 years, I buy the traditional fund ... 5%/10 years = 0.05%
If I plan to keep the fund for only 3 years, then I should buy this wrap fund ?
normally unit trust is passively managed by investor .. it is like buy and
forget
but with the wrap account, where switching is free, you can do as much
switching and balancing as possible
And your advisor should help you to do that or advise you to.. that's more
pro-active
1. have to untie from your previous Unit trust company (meaning resignation)
2. Have to get the CFP or RFP (all modules)
3. Have to get the CMSR license
4. Register with FMUTM as CUTA UTC
regards,
KCLau
http://kclau.com Money Tips
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