Kernel Funds, Shares and ETFs are different products that offer their own unique pros and cons. It's important to note the key differences when deciding which is suitable for you.
Below is a highlight of the key characteristics:
Feature | Kernel Funds | Shares | ETFs |
Pricing updates | Daily, but unit pricing is always 2 business days old. | Live market updates | Live market updates |
Transaction fees | No transaction fees or FX fees | 0.40% - 1.50% FX fee per transaction | 0.40% - 1.50% FX fee per transaction |
Annual management fees | 0.25% - 0.50% p.a. | N/A | Depends on fund manager |
Tax |
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Processing times | Trade date + 2 business days (T+2) | During US market open hours | During US market open hours |