Single Pricing Regime
What is the Single Pricing Regime?
Effective from 1st July 2007, all Unit Trust Management Companies have adopted a single pricing system for all their unit trust funds.
Under this new "regime", the following are the changes:
- All transactions whether it is buying or selling or switching will be based on only ONE price, ie. the NAV (Net Asset Value);
- The Sales Charge (when you are buying) will be deducted upfront from your Investment Amount before the number of units are computed.
- The Sales Charge may vary between different Distribution Channels, ie. Direct, IUTA or Tied Agents and you may negotiate on the Sales Charge as well.