|Total Investment (SGD)||Annual Fee Rate (Incl. GST)|
|Any additional amount above $25,000, up to $50,000||0.7%|
|Any additional amount above $50,000, up to $100,000||0.6%|
|Any additional amount above $100,000, up to $250,000||0.5%|
|Any additional amount above $250,000, up to $500,000||0.4%|
|Any additional amount above $500,000, up to $1,000,000||0.3%|
|Any additional amount above $1,000,000||0.2%|
Comparison of results of differing fees levels over 30 years. This graph is intended to illustrate the compounding effects of higher fees over a long period of time.
There are no costs associated with opening or closing an account, nor with opening or closing portfolios within your account.
The annual management is the only fee we charge as a source of revenue. Our broker charges a currency conversion fee at 0.1% of the transaction amount if you invest in a non-USD currency. This preferential rate compares favourably against the significantly higher currency conversion fees charged by commercial and retail banks. ETF managers charge a low management fee associated with the ETFs, averaging 0.15% - 0.25% per annum. This cost is embedded in the price of the ETFs, and is minimised as part of our security selection process.
There is no minimum balance, and there is no minimum transfer amount. Transfer $100, $10,000 or $100,000 as often as you want! (Minimum transfer amounts may apply to non-SGD currencies due to bank fees).
Fees are paid monthly with the 1% cash allocation in your account. Each of your portfolios will be charged proportionally for the fees owed by them. The monthly fee is calculated as the annual fee divided by 12 months. We charge the management fee monthly, based on the amount of assets in your portfolio.