1800 01 01 81
Yes. FIIG charges the following fees:
The Custody Service Fee is calculated daily on the value of your account holdings, is charged monthly and is subject to a minimum monthly fee of
$60 - A dishonour fee of $60 may be charged if insufficient funds are available at the time FIIG seek to charge the Custody and Service fee.
Maximum $300 - An in specie transfer fee may be payable should you transfer existing securities between FIIG and another custodian. This fee will vary according to the complexity of the transfer and will be agreed with you prior to the transfer occurring. However, the fee will not exceed $300 per series of security transferred.
All the fees described above are inclusive of GST and will be direct debited from your FIIG Funding Account.
FIIG acts as principal where it matches buyers and sellers in the bond market and earns its income on the difference between the buy and sell price (this is known as the margin).
For FIIG to execute a trade it must make both the buyer and the seller happy with the price of the bonds and the corresponding returns that they will earn. So, it is in FIIG’s interest for the trade to be executed, otherwise we don’t earn any income.
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FIIG provides general financial product advice only. For a copy of our disclaimer please refer to fiig.com.au/disclaimer
*Rate as at 20 November 2017 and are subject to change and before fees. See our Financial Services Guide for any applicable fees.