Public Mutual Switching Fee
Switching from bond funds will be subject to switching fee of 0 25 or minimum rm50 per transaction.
Public mutual switching fee. So this strategy is only workable if you are investing more than rm2500. We offer a comprehensive range of products comprising conventional and shariah based unit trust and prs funds as well as financial planning services. Public mutual berhad a wholly owned subsidiary of public bank is a top private unit trust management company and leading prs provider in malaysia. It is just enough to cover the switching fees.
Public mutual berhad a wholly owned subsidiary of public bank is a top private unit trust management company and leading prs provider in malaysia. The switching fees is rm25 per switch. However at the time of switching funds there are two things we do need to take care of exit load and. 1 switching of units made within 90 days from date of purchase.
Bond funds 0 25 or minimum rm50 per transaction. Public mutual berhad a wholly owned subsidiary of public bank is a top private unit trust management company and leading prs provider in malaysia. The saving of 1 05 is rm26 25. Enjoy waiver of switching fee for up to 15 switches of loaded units and 1 load units which are made after 90 days from the date of purchase subject to terms and.
If you only invest rm1000 rm25 is 2 5 of your total investment. Equity balanced funds 0 75 or minimum rm50 per transaction. 1 administration fee of up to rm50 will be charged for each transfer transaction. Before switching you were paying fund a for managing your money after switching you will be paying fund b for managing your money again on a daily basis.
Timing is also a matter to consider. 2 switching fee of up to rm50 will be imposed for switching transactions out of the fund. Public mutual new switching fee structure. The daily charges could however be higher or lower depending on the mutual fund.
Switching from equity balanced funds will be subject to switching fee of 0 75 or minimum rm50 per transaction. The new switching fee structure is summarized below. Money market funds rm50 per transaction.