FSMOne Credit System allows our investors to perform fund switching on credits without being charged the tier charge.

Generally, a normal Intra Switch between different tiers of funds (e.g. a bond fund to an equity fund) will be charged at its tier difference. With the credit system, you are able to utilize your available credits to waive off the tier charge.

No application is required. You will earn credit points during your switching transaction and utilise the accumulated points at a later time.

No, the FSMOne Credit System is applicable to Intra Switch transactions only (e.g. switching of funds between same fund management company).

You will accumulate credits when you perform Intra Switch from an equity fund (1.5% sales charge) to another lower tier fund (0% to 1.5% sales charge). There will be no credits for switching between different fund houses (Inter Switch) or Intra Switch between funds of same tier.

If you have available credits, you may use them during the Intra Switch transaction process.

Credits will be deducted or added on the transaction date. Credit usage detail will be displayed in your switching order confirmation email.

The following is the calculation basis of the Credit System:

Credit = Indicative Fund Price x Switch Sell Units x Multiplier

View example calculation

RHB Cash Management Fund 2 is not entitled for the credit system. This fund is not applicable for Intra Switch.

No, we do not allow partial discounts for a single transaction. The Intra Switch transaction will be charged at the normal tier charge.

Yes, as long as you have sufficient credits.

No, the credits are only used to waive of tier difference. Switching fees (if any) are still applicable.

Your credits will be refunded if it is a credit deduction; credits will be clawed back if it’s a credit addition.

No.

No.