Anonymous
Recently I participated in the dbs digiportfolio and they have a flat 0.75% annual fee. POEM on the other hand charge a one time 0.32% fee per transaction (min 25) and assuming rebalancing is done annually, the 0.32% allows for trading of multiple stocks or only for a single stock? I.e if I want to sell stock A and buy stock B for the interest of rebalancing, is this counted as one or two transactions? If it's counted as two transaction, won't rebalancing through brokerage be a costly affair?
1
Discussion (1)
Learn how to style your text
Reply
Save
Write your thoughts
Related Articles
Related Posts
Related Products
4.3
426 Reviews
$0
MINIMUM FEE
0.08%
TRADING FEES
Custodian
STOCK HOLDING TYPE
3.3
35 Reviews
Related Posts
Before you click on the "submit button" on your buy/sell order on the brokerage plateform, it should give a breakdown on the associated costs incurred for that particular trade. Usually include a minimum fee imposed by the brokerage, in addition there will GST charges etc