Protocol, may I ask which broker you used? ThanksJust an update on low cost unit linked funds.
In the end we went with Eagle Star Matrix Investment Bond. The gross allocation rate was 101%, as the amount was 100k.
The AMC is 1.5%.
However, as we went with a discount broker, the full 3.5% initial commission was added into the fund, leaving a net allocation rate of 104.5%.
Plus the AMC is cut to 1%.
So, in effect, the fund was given a day one boost of 4,500, by using a discount broker.
Nice one.
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