### Transaction fee

You’re charged a transaction fee when you buy and sell shares in companies and exchange-traded funds (ETFs) across Australia, the US, and NZ. This is sometimes called a ‘brokerage fee’.

If you buy or sell shares in more than one investment, they’re treated as separate orders and have separate fees. The fee is charged in the currency of your order.

### Orders in dollars

For market orders and limit orders placed in dollars, we calculate the transaction fee on the amount to invest or receive (the net amount) and deduct it from the order amount you enter (the gross amount).

Transaction and management fees apply to auto-invest orders.

For limit buy orders in whole or fractional shares, we calculate the transaction fee on the amount to invest (the net amount).

You set the amount to invest by selecting the highest price to pay per share and the number of shares to buy.

The order amount you’re charged is the amount to invest plus the transaction fee.

For example, if you set:

• the highest price to pay per share at \$5, and

• the number of whole shares to buy at 10

the amount you invest will be \$50 at most. From this amount, we calculate a \$0.25 transaction fee (0.5% × \$50 = \$0.25) and your total order amount is \$50.25.

When you place a limit buy in shares, the fee is just an estimate. When your order fills, the fee is recalculated on the amount invested.

### Limit sells in shares

For limit sell orders in whole or fractional shares, we calculate the transaction fee on the amount you receive (the net amount) and deduct it from your order amount.

You set the order amount by selecting the lowest price to sell per share and the number of shares to sell.

The amount you receive is your order amount minus the transaction fee.

For example, if you set:

• the lowest price to sell per share at \$5, and

• the number of whole shares to sell at 10

your order amount will be \$50. From this amount, we deduct a \$0.25 transaction fee that’s calculated on the estimated amount you’ll receive, \$49.75 (0.5% × \$49.75 = \$0.25).

When you place a limit sell in shares, the fee is just an estimate. When your order fills, the fee is recalculated on the amount received.

### Currency exchange fee

You’re charged a 0.4% currency exchange fee when you exchange money. The fee is calculated on the amount to exchange, and deducted from the amount you enter.

You can exchange money in Sharesies any time you like, or during the buy or sell process.

### Depositary fees

You may be charged depositary fees if you invest in companies that are American depositary receipts (ADRs). Generally, the fee is less than \$0.10 USD per receipt annually.

### Management fee

When you invest in an ETF, you’re charged a management fee. This is charged by the fund provider—not Sharesies—and included in the share price. The fee pays for the fund’s management, distribution, and operational costs. The management fee is different for each fund.

### Card processing fee

You’re charged a card processing fee when you use a debit or credit card to top up a Sharesies Wallet. We calculate the fee on the amount you enter to top up or buy and is inclusive of GST. Youʻll see how much the fee will be before you confirm your order.

For example: if you topped up your Wallet by \$100, the total card processing fee would be \$2.91. The total amount charged to your card would be \$102.91.

If you use a card for your first ever Wallet top up by card (for an amount up to \$100), we’ll cover the card processing fee for you.