Single Pricing Regime

First of all, what is "single pricing regime". The phrase itself makes us think there is the "dual pricing scheme". Well, for those of you who are familiar in the investment line of stocks and mutual funds you know what it is.

Normally the prices of say a mutual fund is quoted in both the Buying and Selling price. The difference between the Selling price and the Buying price is commonly known as the initial service charge, hence we can understand the need for dual pricing.

The single pricing regime has a distinct advantage. It makes the cost of investing in mutual funds transparent because a single price is quoted and the service charge is separately accounted for. Immediately this implies that in the dual pricing scheme, an investor may not be aware of the service charge unless informed by the consultant. The consultant may invariably forget to mentioned the cost involve for mutual fund investment. So, the single pricing regime is better for the investing public.

The difference between million and billiion

"What's the difference between 1 million dollars and 1 billion ringgit? None, because I do not have any of them."

- relay by "Red1" (founder of www.red1.org)