When you buy and sell funds on Longbridge, there are mainly two types of fees: subscription/redemption fees charged by the broker, and operating fees that are accrued daily from the fund's assets by the fund company.
Trading Fees
| Types | Fees | Charged By |
| Subscription Fee | Free of charge | Long Bridge Securities Pte. Ltd. |
| Redemption Fee | Free of charge | Long Bridge Securities Pte. Ltd. |
| Administrative Fee | Varies from fund to fund, and is subject to the details of the fund which can be found in the Product Highlights Sheet | Fund Manager |
Please ensure that there is sufficient funds inside your securities account to pay subscription fees;
The funds/unit trusts which you purchase/sell will charge a certain amount of management fees which are allocated from the fund's assets; i.e., the funds/ unit trusts will deduct the fees from the fund's net value, without the need for investors to pay separately when they buy/sell funds/ unit trusts. Long Bridge Securities Pte. Ltd. will collect up to 100% of the fund management fee from the fund as a commission.
Key takeaways:
- Trading fees (paid directly by you)
- Subscription/Redemption fee: charged by Longbridge Securities
- Currently 0, meaning no subscription or redemption fee.
- Holding fees (paid indirectly by you)
- Management fee: charged by the fund company.
- Fee standard: varies by fund. Check the specific fund's details page.
- Payment method: No additional payment required. These fees are automatically accrued daily from the fund's total assets.
Disclosures
This article is for reference only and does not constitute any investment advice.