If I transfer bonds (let's say a retail corp. bond) out to CDP, does that mean I can save on this 0.2% P.A and have the bonds under my name in CDP?

Hi all,

Good day.

I am a beginner who just started using online brokers. I use FSMOne to look at bonds information and i will like to ask the following:

FSM has "0.05% per quarter, calculated on a daily average market value of bonds." as flatform fees. So it will cost 0.2% P.A by storing the bonds i buy on FSM. If i do transfer the bonds (let's say a retail corp. bond) out to CDP, does that mean i can save on this 0.2% P.A and have the bonds under my name in CDP?

Thanks in advance,

Vincent