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MAPS Switching & Transfer
Go to Transact > Managed Portfolios > Sell/Switch, add your MAPS portfolio into the cart and select “Switch” as the redemption method.
Switching between MAPS portfolios is allowed.
Generally, there are no switch charges involved. However, a transactional charge of up to 0.03% as well as the relevant exchange fees, including GST are applicable to ETF transactions in the MAPS portfolios.
The minimum switch amount is S$500 with minimum holding of S$500 required of the switch sell MAPS holdings.
The entire MAPS portfolio switching will be completed within T (Transaction) date + 10 business days. Please find the general timeline of the process as below:
Switching from MAPS to MAPS
Switch sell and switch buy: process on T date + 1 business day
Note:
1. The above timeline is subjected to change due to individual fund holiday.
2. The switching order will only effective after the 'rebalance action' (if any) completed.
3. Cut off time: 3pm on any business day.
Switching from MAPS to MAPS
Switch sell and switch buy: process on T date + 1 business day
Note:
1. The above timeline is subjected to change due to individual fund holiday.
2. The switching order will only effective after the 'rebalance action' (if any) completed.
3. Cut off time: 3pm on any business day.
We are unable to cancel or amend any MAPS portfolio switching order if the switching order status is in "processing" status.
However, if the MAPS portfolio switching order status is in "received" status, you can still cancel the order before the cut off time 3pm. You can void it at My Account > Processing / Pending Transaction > click on "Void" button to cancel the order. Alternatively, you can send us an email instruction at clienthelp@fundsupermart.com to cancel the order before 2.30pm.
The MAPS portfolio RSP will still continue. If you wish to terminate the MAPS portfolio RSP, please submit a RSP termination at My Account > Regular Savings Plan > click on "Edit".
Please note the below RSP application, amendment and termination freezing period:
RSP via DDA (GIRO) Freezing Period
Any application, amendment or termination instruction received between 13th to 26th of the month will take effect immediately. Instruction received between 27th of the month to 12th of the next month will take effect in the following month.
RSP via Cash Solutions Freezing Period
Any application, amendment or termination instruction received before 8th of the month will be processed and effective immediately. Instruction received after 8th of the month will be effective in the next month.
Please note the below RSP application, amendment and termination freezing period:
RSP via DDA (GIRO) Freezing Period
Any application, amendment or termination instruction received between 13th to 26th of the month will take effect immediately. Instruction received between 27th of the month to 12th of the next month will take effect in the following month.
RSP via Cash Solutions Freezing Period
Any application, amendment or termination instruction received before 8th of the month will be processed and effective immediately. Instruction received after 8th of the month will be effective in the next month.
The MAPS portfolio is not transferrable from one account to another, or transfer out from FSM Global platform.