Building a portfolio of equity mutual funds will set an investor back by 1-2% on average on an annual basis, without accounting for any platform fee charges. Using ETFs to do the same reduces that to 0.25-0.30%. Through USDirect, Syfe is able to bring it down further to 0.12%.
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What are the cost savings through USDirect as compared to ETFs and Mutual Funds?
Building a portfolio of equity mutual funds will set an investor back by 1-2% on average on an annual basis, without accounting for any platform fee charges. Using ETFs to do the same reduces that to 0.25-0.30%. Through USDirect, Syfe is able to bring it down further to 0.12%.