FSMOne is a division of iFAST Capital Sdn Bhd with a Capital Market Services (CMS) license from the Securities Commission which provide a trading platform to offer unit trusts and investment advisory services. It is also registered with the Federation of Investment Managers Malaysia (FIMM) as an Institutional Unit Trust Advisers (IUTA).

On top of these, iFAST has the custodian license to perform custodian role to hold and protect customers’ assets and facilitate the transactions. Nominee system is whereby the units purchased by the clients are to be registered under Nominee account. Currently, most of the bank and distributor are using nominee system to safe guard their clients holdings.

Currently FSMOne has appointed iFAST Nominees Sdn Bhd to perform the role of custodian. Therefore for cash investments, all units will be registered under iFAST Nominees Sdn Bhd instead of your name while EPF and PRS investment will be registered under your name with the respective fund house. The main reason of taking the above action is to segregate the clients’ assets from the company’s assets in order to safeguard the clients’ assets.