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about the UT

 
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cymdisc



Joined: 26 Mar 2008
Posts: 4
PostPosted: Wed Mar 26, 2008 4:27 pm    Post subject: about the UT Reply with quote
Hey,
Does anyone know what are the commissions for the UT agents for different companies?
I know OSK is 2.8% la. what about others??
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rosdi



Joined: 02 Jun 2008
Posts: 8
Location: Ampang, Selangor
PostPosted: Mon Jun 02, 2008 2:05 pm    Post subject: Reply with quote
This is tricky question, commissions is tied to the agent level (UTC, AS, ASP, etc).. and differs from company to company.

Are you comtemplating to be an agent? Dont look for the commission percentage, instead look for the biggest company out there, with good track record.

If you are looking for sale charges for equity fund, here it is..

Public Mutual - 5.5%
Am Mutual - 6%
Apex Unit Trust - 6.5%
CIMB Unit Trust - 6.5%
MAAKL Unit Trust 6.5%

Dont choose a fund base on sales charges, instead look for capital preservation and consistent return. The easiest way to spot these funds are by their Lipper award. If the fund does not have good awards then the fund is either too new, or is not consistent.
_________________
Disclaimer: I am a Public Mutual Unit Trust Consultant, so take my opinion with a grain of salt.
Email: rosdikasim gmail
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