AutoWealth Fees
(1) AutoWealth charges a 0.5% portfolio advisory fee per year on the assets under management and a flat platform fee of USD18 per year. Using a S$10,000 portfolio for illustration, this works out to be about S$74 in total. This would result in cost savings of about S$146 vis-a-vis a DIY investment.
DIY ETF investments
(1) There are one-off trading (brokerage) costs for transacting over the stock exchange to construct the investment portfolio of ETFs. Typically, a local brokerage like DBS Vickers or UOB Kay Hian or POEMS would charge minimum of S$20+ per trade. For a portfolio of 6 ETFs, it would cost between S$120 to S$150. For a discount international broker, this would cost about S$80.
(2) There are recurring custody fees of about S$60 per year, charged by the custodian for holding the shares on your behalf. This is similar to how CDP charges you to hold your Singapore stocks on your behalf.
(3) Portfolio rebalancing, for the purposes of (i) managing risk and (ii) capitalising on excessive market volatility to lock in extra value-add returns, would incur recurring trading (brokerage) costs of about S$160 for 5-7 rebalancing trades per year.
AutoWealth Fees
(1) AutoWealth charges a 0.5% portfolio advisory fee per year on the assets under management and a flat platform fee of USD18 per year. Using a S$10,000 portfolio for illustration, this works out to be about S$74 in total. This would result in cost savings of about S$146 vis-a-vis a DIY investment.
DIY ETF investments
(1) There are one-off trading (brokerage) costs for transacting over the stock exchange to construct the investment portfolio of ETFs. Typically, a local brokerage like DBS Vickers or UOB Kay Hian or POEMS would charge minimum of S$20+ per trade. For a portfolio of 6 ETFs, it would cost between S$120 to S$150. For a discount international broker, this would cost about S$80.
(2) There are recurring custody fees of about S$60 per year, charged by the custodian for holding the shares on your behalf. This is similar to how CDP charges you to hold your Singapore stocks on your behalf.
(3) Portfolio rebalancing, for the purposes of (i) managing risk and (ii) capitalising on excessive market volatility to lock in extra value-add returns, would incur recurring trading (brokerage) costs of about S$160 for 5-7 rebalancing trades per year.