Buying Funds

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.

We use cookies If you close this message or continue to use this site, you will consent to the use of Cookies, unless you choose to disable them. Click on our Privacy Policy to understand more.