facebookHow does annual fee work? lets assume 1% annual management fee of the equity that i buy and 0.5% platform fee. If I DCA 1000 dollars for 12 months vs lump sum 12k on January. is the fee same assuming no sales charge? - Seedly

Anonymous

21 May 2019

Robo-Advisors

How does annual fee work? lets assume 1% annual management fee of the equity that i buy and 0.5% platform fee. If I DCA 1000 dollars for 12 months vs lump sum 12k on January. is the fee same assuming no sales charge?

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Gabriel Tham

20 May 2019

Tag Team Member at Kenichi Tag Team

Assuming the fee is charged on an annual basis, then both will be same.

However, there are some that charge on quarterly basis, so the AUM fee is 1%/4

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