Do you know that,
the total amount that you are going to invest in purchasing unit trust funds are divided into two?
A portion of your money is taken out as sales charge and the remaining are used to purchase units. Example:
If you pay RM 10000 to purchase unit trust funds, sales charge of 5.50% (example only) will be separated and the balance 94.50% of RM 10000 will be invested to purchase units in the fund you are going to buy.
That means, RM 9450 only will be used to purchase the units, and not the RM10000.
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