The prices displayed for unit trust funds are indicative prices, which is usually dated two working days ago. As the name goes, indicative price is NOT the actual transaction price of the fund that you are buying.

Most of the funds on FSMOne are priced based on Forward Pricing method. If we receive your payment before the cutoff time on a business day, your units will be priced as of the closing price of the market on that day itself. For payments received after the cutoff time or on a non-business day, your units will be priced based on the next business day.

Given that the fund management companies require time to consolidate, calculate and verify unit prices with independent trustees, you will only know the exact unit price two working days later. You will receive an email from us once your units have been priced.