Investing in Unit Trusts

Dear Mr. Tan,

Why are the charges from the fund houses so high about 5% for the sales charge whereas fundsupermart only charges at about 2%.

REPLY:

Each fund distributor decides on their level of upfront charge. It depends on the service and time that they adviser has to spend. You have to decide on the channel that works best for you. Do try to seek a low cost channel, so that you do not spend too much in the charges.