FSMOne To Offer Round-The-Clock, 24/7 Bonds Trading Through Their In-House Marketplace, FSMOne Bond Express

KUALA
LUMPUR, MALAYSIA -�Media OutReach -
30 May 2019 - FSMOne (formerly known as Fundsupermart.com), the online
investment distribution arm of iFAST Capital Sdn. Bhd. (“iFAST Capital”) is now
offering round-the-clock bond trading through its in-house marketplace, FSMOne
Bond Express. Previously, investors are only able to trade retail and wholesale
bonds via FSMOne Bond Express on weekdays from 9am till 5pm excluding weekends
and public holidays. The 24-hour continuous, one-of-a-kind initiative serves to
enhance investors’ experience by allowing them the flexibility of transacting
bonds at any time of the day. 

This
initiative comes on the back of FSMOne’s launch of retail bonds in early April
2019 in line with the Securities Commission Malaysia’s (SC) new bond seasoning
framework. iFAST Capital is the first bonds broker to enable investors to
transact retail-qualified bonds and sukuk from as low as RM1,000 in nominal
value through FSMOne and through the FA companies and financial institutions
which use iFAST’s Business-to-Business (B2B) platform services.

“Since
the launch of retail bonds, we are seeing more and more D-I-Y investors showing
strong interest in the bond market. They not only are able to start their bond investment
journey at RM1,000, but they can do so now at their own convenience and in
their own comfort whenever they like. This initiative is made possible by marrying
our technological expertise with our drive to provide more than just a place
for our investors to trade,” says Mr Wong Weiyi, General Manager of FSMOne
Malaysia.

Besides
this new initiative, clients can view their bond investments in their holdings as
bonds are now transacted instantly on FSMOne platform.

“Bond
transactions through FSMOne Bond Express are transacted on a real time basis
and investors can view their bond investments in the holdings immediately now
instead of the 4 working days that is taken for settlements. This also means that
investors are eligible to earn interest starting from the date of purchase,” Mr
Wong Weiyi commented.

This
initiative applies not only to retail bonds but also to the wholesale segment
under the FSMOne Bond Express that many are not familiar or even aware of. Only
sophisticated investors whose total net assets exceed RM3 million or gross
annual income exceeds RM300,000 could invest in wholesale bonds and find a host
of interesting foreign currency bonds in SGD and USD that serves to diversify
their portfolio.

“Investors
can now look beyond the local scene. Bonds that are distributed on the Wholesale
Bond Express list has undergone thorough reviews by our in-house investment
committee to be qualified for us to make a market. Our own analysts are
constantly keeping an eye out to reassess the creditworthiness of these
companies and the attractiveness of these bonds so that our investors are
well-informed of the latest happening about their bond investments,” Mr Wong
Weiyi further commented.

Alongside
other growing fintech players providing novel investment solutions that
leverage on technology to ease investors’ participation, FSMOne’s introduction
of opening up trading hours beyond the normal trading “window” is an evidence
that the market player is keen to adapt to the changing needs of investors.

“Everything
is all about convenience in today’s world. You practically have the world at your
fingertips. We are just doing that, bringing bonds to our investors’ fingertips
whenever they want to and help them understand that investing in bonds is
friendly and not as complex as they think,” says Mr Wong Weiyi.

About FSMOne and iFAST Capital

iFAST
Capital Sdn Bhd’s (“iFAST Capital”) holding company is iFAST Malaysia Sdn Bhd,
which is wholly-owned by iFAST Corporation Ltd. (“iFAST Corp”), Singapore’s
leading fintech wealth management platform. iFAST Corp was listed on the Singapore
Exchange Mainboard in December 2014.

FSMOne (previously known as
Fundsupermart.com) is the online unit trust distribution arm of iFAST Capital
Sdn. Bhd. (“iFAST Capital”). It was first established in Malaysia in 2008 as
an online platform for buying, selling and switching unit trusts from various
fund houses. It serves as an aggregator of unit trust products, facilitating
portfolio management in one account.

As a unit
trust specialist, FSMOne capitalizes on critical information pooled from
associated fund houses, providing an extensive range of information on global
markets. In addition, FSMOne has an in-house research team performing
independent research on unit trust investments, and conducting interviews with
fund experts. As part of its service to investors, FSMOne features a versatile
selection of online tools to aid unit trust portfolios analysis.

Every year,
FSMOne organises two flagship events, “What and Where to Invest” in January and
“Recommended Unit Trusts” in July. These seminars gather speakers from the unit
trusts industry to share insights on their picks and the pertinent risks for
investors to be aware of when investing.

FSMOne
launched insurance products in July 2016, bonds in March 2017, and managed
portfolios in May 2017. These launches are FSMOne’s initiative to broaden the
range of investment products and services to cater to different aspect of
financial planning for investors, from wealth accumulation to protection.

Under the
Business-to-Business (B2B) division, iFAST Capital is a holder of a Capital
Markets Services Licence (CMSL) and is licensed by the Securities Commission to
deal in unit trusts, to deal in Private Retirement Scheme, to offer investment
advisory services, to deal in Over-The-Counter bonds and to offer fund management
service in relation to portfolio management. iFAST Capital is also registered
with the Federation of Investment Managers Malaysia (FiMM) as an Institutional
Unit Trust Adviser (IUTA) and Institutional Private Retirement Scheme Adviser
(IPRA). The B2B division provides a distribution platform which offers
investment products, mainly funds, portfolios, and bonds to financial advisory
companies and banks. iFAST Capital distributes over 500 unit trusts, close to
200 different corporate and government bonds, 5 different insurance providers
and unit trusts portfolios. Overall, iFAST Capital through its own platform
serves 3 Institutional UTS Advisers (IUTAs), 17 Corporate UTS Advisers (CUTAs)
and more than 500 wealth advisers registered under the platform.

In
association with the B2B business, iFAST Capital is also an approved Financial
Adviser licensed by the Central Bank of Malaysia to conduct financial advisory
business. Under its own iFAST Global Markets (IGM) brand, it was launched with
the vision and commitment of protecting consumers through complete commission
and fees transparency to offer consumers personalized and unbiased financial
solutions.

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