Accessing the Transactions Module

You can access the Transactions module on Fundsupermart by clicking on the Transactions menu on the home page. The Transactions options – BUY, SELL and SWITCH - are displayed.

3-Step BUY Transaction

Your BUY process can be initiated when:

1. You access the Transactions module and select BUY option.
2. You click on the BUY icon for a fund on any screen throughout the Fundsupermart site. You will find these icons on all our Fund Info tools as well as the Fund Factsheets.

To  initiate a BUY process, you need to log in (if you aren’t logged in already). Now begins your 3-step BUY process.

Step 1: Select Fund

In the first step you select the fund you wish to purchase and specify the amount that you wish to invest into the fund.

Step 2: Confirm Transaction

The next step is for you to review the details of the transaction entered and confirm the BUY transaction to be placed by entering your transaction password.

Step 3: Transaction Submitted: Review and Pay

The next screen confirms that your transaction has been submitted. At this point, a transaction confirmation email is sent to your email address.

You can proceed to make the payment.

Understanding Switching:  Considering the slightly different nature of a switch transaction, the first screen informs you of the basic guidelines and dos and don’ts of a switch transaction. This is important to prevent rejected trades.

Step 1: Select Switch- Sell and Switch- Buy Funds

The first step allows you to select a fund from your current holdings that you wish to ‘switch out’ from, and the fund that you wish to ‘switch in’ to.
You then specify the units or amount that you wish to sell from the switch sell fund.

Step 2: Confirm Transaction

The next step is for you to review the details of the transaction and confirm the SWITCH transaction order by entering your transaction password.

Step 3: Transaction Submitted: Review

The next screen confirms that your transaction order has been submitted. At this point, a transaction confirmation email is sent to your email address.

3-Step SELL Transaction

You can initiate a sell transaction from the Transactions menu, or from your Holdings page.

Step 1: Select Fund

The first step allows you to select the fund that you wish to sell from your holdings and specify the units or amount that you wish to sell for.

Step 2: Confirm Transaction

The next step is for you to review the details of the transaction and confirm the placement of the SELL transaction order by entering your password.

Step 3: Transaction Submitted: Review

The next screen confirms that your transaction order has been submitted. At this point, a transaction confirmation email is sent to your email address.

You can now access your holdings page to review that the transaction has been recorded.

Conclusion

As the highlighted points  show, our attempt has been to make transacting in mutual funds as easy and intuitive as possible. At critical points, our system has the capability to prevent errors that would lead to rejected trades and therefore, wasted time. We believe that these features allow you to learn and become more empowered as you transact, without  fear!

Happy Investing with Fundsupermart.com!