Discounts are given based on the total lump sum investment in a single purchase order. A single purchase order means that all your fund purchases have to be captured in a single purchase order.
Example:
An investor holds the Silver status and no investment holdings.
• If he or she places a buy order of MYR 150,000.00 at 9.00 a.m., followed by a subsequent buy order of MYR 100,000.00 at 12.00 p.m. in the same day. The sales charge for both purchase orders will be 1.5%. This is because neither order qualifies for 0.25% discount based on the individual investment amount;
• Instead of placing two different buy orders, he or she now places an order of MYR 250,000.00. The discount given to you will be 0.25% because the investment amount qualifies for Gold status.