As of 8th December 2016, FSM Global permanently abolished all sales charges for Unit Trusts. This means you can buy and sell with no fees.

Goods and Services Tax (GST) is applicable to the relevant fees and charges for Singapore citizens and residents.
GST will be charged based on the prevailing GST rate at the time the fee is applied. This may include fees such as platform fees, processing fees, management fees, and other applicable charges.

You can invest in Unit Trusts denominated in foreign currencies on FSM Global. If the fund currency is different from your SGD cash balance, you have two options for FX conversion:

Pre-convert via Foreign Currency Exchange
You may use the FSM Global “Foreign Currency Exchange” at "Cash Solutions" feature to convert your SGD cash account balance into the required foreign currency before placing your order. The exchange will be executed at the prevailing live FX rate at the time of conversion.

Pay directly in SGD
Alternatively, you may use your SGD Cash Account or SGD Auto-Sweep Account to pay for the foreign currency-denominated fund. In this case, the FX conversion will be carried out at the exchange rate applicable on the order transaction date.

Both options allow you to invest in non-SGD denominated Unit Trusts, depending on your preference for timing and FX execution.

Unit Trust orders submitted:
Before 3:00 PM (Singapore time) on a business day will generally be processed on the same business day.
At or after 3:00 PM, or on a non-business day, will generally be processed on the next business day.

For details on funding your investment, please refer to the Fund Payment Methods.

Important Notes

• Orders are processed based on the applicable fund’s dealing and trading calendar. On certain overseas market or fund holidays, transactions may be processed on the next available dealing day even if it is a Singapore business day.
• Once a Unit Trust order has been submitted to the fund manager for processing, it cannot be cancelled or amended. Please refer to the information on Void Orders and Right to Cancel for more details.
• Depending on the fund manager and fund type, some transactions may experience a processing lag of 1–2 business days.

You will receive email notifications once we have received your Unit Trusts buy order.

After the order has been priced, a confirmation note will be posted to your FSM Inbox on the next working day, together with an email notification.

You may also check your order status online via My Account > Processing / Pending Transactions.

Most Unit Trusts in Singapore are based on forward pricing, which means the actual dealing price will only be available after your order has been processed.

Generally, the price will be confirmed within 1–2 business days after your transaction. The prices shown on our website are indicative and may differ from the final dealing price. Once the price is confirmed, you will receive a confirmation note via email, and a copy will be posted to your FSM Inbox on the next working day.

You may also check your order status via My Account > Processing / Pending Transactions.

Generally, Unit Trusts buy orders (cash/ CPF-OA/ CPF-SA/ SRS) will be completed on T + 4 business days. T is the Transaction date of the buy order.

Once the transaction cycles are completed, your units will appear under your holdings. All units are priced on based on the NAV of the transaction date (T).

You may view your Unit Trusts holdings by going to My Account > Investment Holdings.

Please note that the value of your holdings is updated daily, reflecting the latest Net Asset Value (NAV) of the fund.

You can log in to your account to view your monthly statements from the start of your account.

Website: Click on 'Inbox' which is located on the top right corner on website.
App: Click on the 'Bell' icon which is located on the top right corver of the app.

Notes:
- Monthly statements via email had ceased since June 2021.
- You can view or download your monthly account statement in PDF.