Thoughts on buying CSPX on Kristal AI? What are the pros and cons?
Just set up my account on Kristal AI and excited to start investing, since there are no fees for first $50,000. Thinking of buying CSPX, although the high minimum investment is a bummer. Also, what does the referral link entitle us to? Since there are already no fees? TYIA!
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Kristal.AI
4.4
92 Reviews
Curated ETFs, Auto Rebalanced Portfolios
INSTRUMENTS
0% to 0.3%
ANNUAL MANAGEMENT FEE
None
MINIMUM INVESTMENT
N/A
EXPECTED ANNUAL RETURN
Web and Mobile App
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Hi there,
firstly, welcome aboard!! Hope you enjoy your journey with kristal.AI!
Secondly, The CSPX is a UCITS and there are minimum fees and charges imposed on us by the brokers and exchanges on which these UCITS trade. These are much higher than instruments traded on the US Exchange. kristal.AI is absorbing these fees for the clients, because we want to offer the low cost structure we currently have (zero fees for the first $50K invested)!
Lastly, we don’t have a referral promotion running. But you’re absolutely right –zero fees is already an amazing offering, don’t you think?! 😊 We offer the referral link option nevertheless so that it’s easier for our users to spread the word – and we see that a lot of users make use of it to refer us to their friends.
Hope this helps,
Cynthia