Making sense of investment fees can be tricky. For any investment product – unit trusts, exchange-traded funds, retirement annuities – there’s a lot of decision-making and administration involved that requires time and expertise, and that’s why there’s a cost.
In general, there are three kinds of fees when it comes to investment products: a fee for managing the investment, a fee for administration, and a fee for financial advice.
Get the best out of your investment by understanding these fees.
Watch and learn:
This video is for learning purposes only. It is not financial advice. The examples and fee ranges used are for illustration only — actual fees may differ. Always check the fees of any investment product before investing. If you need personal financial guidance, speak to a registered financial advisor.
Further reading
Understanding investment fees
Why investment fees matter
Sources
Ebnet: Understanding investment fees: What’s reasonable?
Moneyweb: What are you really paying in investment fees?
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All content is for general educational purposes and does not constitute formal financial advice. Always consult a qualified, licensed financial professional before making any financial decisions.