The Stockspot Model and Sustainable portfolios include a mix of low cost index and commodity ETFs.
ETF fees are charged by the ETF providers (not Stockspot) and are debited from the ETF unit price. This is is known as an indirect cost to you.
What are the underlying ETF fees for the Model portfolios?
The average ETF fees for the Model Stockspot portfolios are 0.26%-0.28% p.a.
Based on a $10,000 portfolio, that's about $28 p.a. as an indirect cost to you for the high growth (Topaz Portfolio).
What are the underlying ETF fees for the Sustainable portfolios?
The average ETF fees for the Stockspot Sustainable portfolios are between 0.32%- 0.47% p.a. as an indirect cost to you. Based on a $10,000 portfolio, that's about $47 as an indirect cost to you for the high growth (Topaz Sustainable Portfolio).
The slightly higher ETF fees for the sustainable portfolios reflect the additional screening and administration required by the ETF managers.
Why paying less in fees is important
The less you pay in investment and performance fees, the better for your returns long term. Fees compound over the years and can have a big impact on your returns in the long term.
Other investment options, like Actively Managed Funds, charge fees of 1%-2% p.a. (or more). Low cost ETFs are a fraction of this which means you'll benefit from reduced investment costs over your investment timeframe.
Where can I find the individual ETF fees
Your Statement of Advice (SOA) and Investment Agreement (MDA) list all of the individual ETF fees for the Model and Sustainable ETFs, as well as Stockspot Themes.
If you need help, contact our team of advisers!