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Anonymous

06 May 2021

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General Investing

What exactly are the brokerage fees and tax if I use Krista AI's SIP to perform DCA into 4 units of ARKK every month?

Hi. I would like to know the exact fees to pay if I use Krista AI's SIP to perform DCA into 4 units of ARKK (let's say ETF price is US$150) every month. What exactly are the brokerage fees and tax?

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Kristal.AI

06 May 2021

Content & Community at Kristal.AI

Hello there! Thank you for your question.

If you are looking to invest in just ARKK, the brokerage fee is USD 1 per month. Tax information can vary depending on investment and your tax residency, so please consult your tax advisor for specific tax treatments that may apply to you.

At kristal.AI, there is no minimum investment amount requirement – however, please note that the amount required to be invested will depend on the NAV of each ETF. We have over 250 curated ETFs available on the platform.

The investments and advice can be tailored to your investment preferences and requirements. For Accredited Investors, we offer enhanced yields on various asset classes and manage exposure via customised derivatives and options.

May I know if you already have an account with us? I would encourage you to sign-up and speak with our RM who can help you with any other questions you may have for an informed investment decision! :)

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Hi there! Am thinking of DCA every month for ARKF ETF. Would USD400 per month be ok or too little? Currently using Tiger Broker so the platform fee isn't too high. Or should I do it every quarterly?

Which brokerage should i use if i would like to invest in US stocks? Currently i have about SGD200-300 of spare cash every month to invest and not sure which brokerage will have lesser fees.?

Is SCB or IB cheaper if I'm going to DCA every quarterly, S$2500 every 3months into IWDA? I just turned 21yo, so I'm allowed to apply SCB, and below 25yo so monthly activity fee on IB is $3. Any advice?

If i pay my income tax by 12months instalment using GIRO. Deductions will be on the 6th every month. What will happen if i accidentally pay by AXS on the 5th that month? Will IRAS still deduct on 6th?

How do i calculate the percentage change in my investments' performance from prev month if i DCA every month?

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