ETF Management Fees (For ETF portfolios)
The ETF management fee across our Global ARI, Equity100 and Core portfolios averages 0.15 - 0.24%. For an ETF management fee of 0.15%, this amounts to around $1.50 per $1,000 invested each year. The fee is charged by the ETF manager and built in to the prices of the ETFs that we buy on your behalf.
Since it is not charged by Syfe, you will not see the ETF management fee deducted directly from your Syfe account.
There is a 0.09% fee for currency conversion charged by our broker, SAXO Markets, on the amount converted. This is applicable on SGD transfers made to our Global ARI, Core and Equity100 portfolios where we need to buy or sell US dollars to trade US securities in your account.
To understand more about currency conversion and your portfolio, please read more here.
The US Securities and Exchange Commission (SEC) charges a very small fee of 0.00221% on sell trades. This fee applies to our Global ARI, Core and Equity100 portfolios for sell transactions only.
SGX clearing and trading access fees (For REIT portfolios)
The Singapore Exchange (SGX) charges clearing and trading access fees for trades executed on the SGX. These fees apply to our Syfe REIT+ portfolio only. SGX clearing fees are 0.0325% of the contract value and SGX trading access fees are 0.0075% of the contract value.