Can I still place my sales proceeds from the selling of unit trusts into the existing FSM Cash Account (SGD)?
From 29 January 2007 onwards, “Cash Account” will not be available as one of the redemption method options when you place a sell order. The option will be replaced by “Cash Fund”. The entire sales proceeds from your unit trust will be used to buy into the Cash Fund upon receiving the sales proceeds of the switch-sell fund on the settlement date.
Related Questions
- Can my existing UK pension transfer investments "in specie" rather than selling them and transferring cash to the QROPS?
- Can I still place my sales proceeds from the selling of unit trusts into the existing FSM Cash Account (SGD)?
- Can I still transfer my money from FSM Cash Account (SGD) to FSM Cash Account (USD) now?
