Pricing

Platform fee is accrued daily and deducted quarterly. It is calculated based on:

1. Bond holdings under one account,
2. Combined Unit Trust holdings of all FSM Global accounts under the main account holder, inclusive of any beneficiary account holdings.

The platform fee will be deducted from your holdings after the end of each quarter. The quarter ends on the last day of February, May, August, and November.

In summary, the platform fee of Cash and SRS holdings respectively will be deducted from the following sequence:

1. FSM Cash Account (SGD), OR
2. SGD Auto-Sweep Account, OR
3. AMOVA SHORT TERM BOND SGD (FORMERLY NIKKO AM), OR
4. EASTSPRING SGD CASH FUND A SGD, OR
5. Best Performing fund

Note:
- Quarterly platform fees will be deducted using only one of the methods listed above. If the fee exceeds the balance in the Cash Account, it will be fully deducted from the next available method (e.g., Auto-Sweep Account, and so on). The full quarterly fee will be deducted in a single transaction.
- For methods 2 to 5, the number of units to be deducted will be based on the price as of the last working day of the billing quarter. If that price is unavailable at the time of deduction, the latest available price will be used instead.
- A pro-rated platform fee may be incurred in the event of a full sell or transfer-out, and it will be deducted using methods 1 or 2. If there are insufficient funds, the fee will be deducted from the proceeds of the sold or transferred holdings.

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.

You can view or update your CPF Investment Scheme (CPFIS), and Supplementary Retirement Scheme (SRS) account details through the following:
Website: Account Settings > Link SRS Accounts or Link CPFIS Account 
App: Menu > Activated Products > Services > Supplementary Retirement Scheme Account (SRS) or CPF Investment Scheme Account (CPFIS) > + CPF/SRS

For CPFIS:
1. For CPFIS-SA Key in your NRIC number in the CPF Account No column.
2. For CPFIS-OA choose the name of Agent Bank.
3. Key in CPF Investment Account number provided by your CPF agent bank.

For SRS:
1. Please choose your SRS Operator.
2. Key in SRS Account number provided by your SRS agent bank.

Please click on ‘Save Changes’ button after updating, and, it will be effective immediately.

You may view the list of Restricted Funds under Funds > Funds Selector. However, detailed fund information is only accessible to clients with Accredited Investor (AI) status. If you are not an AI, the fund details will not be displayed.

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).