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0% Sales Charge

>> Thursday, January 27, 2011

All funds purchased at dollarDEX under CPFIS from 1 February 2011 to 31 March 2011 will be at 0% sales charge, for new investments.

With the competition so stiff, UT distributors are resorting to even 0% charges! I wonder what kind of profit margins are they looking at? fundsupermart tried it, but was unsuccessful. They started to impose a platform fee.

Well, no complaints, as the one to gain is the consumer. Last I heard, banks are rising the sales charges. May the ignorant do some research and save on unnecessary cost such as this. They can always still visit the banks for the "free" advice and proceed to purchase on their own.

This is indeed a fantastic opportunity as the funds do well, the full gain is profit. There will not be any initial lost due to the up front sales charges. Do take full advantage of this.

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