If there are no transaction charges while buying, why does the full amount not get invested?
Fees and expenses are deducted on a quarterly
basis. For every quarter, it is deducted upfront on
the first trading day of the calendar quarter.
Are there any transaction charges?
There are no transaction charges for buying and rebalancing of Baskets (it is covered as part of the fee charged to client). However, we charge a transaction fee when the customer sells (partially or completely) the Basket equal to $0.01 (1 cent) per ...
What are the forex charges applied?
Charges vary from bank-to-bank. Fintso does not levy any additional charges for remittances.
Is there any minimum remittance amount?
There is no minimum remittance amount, but depending on the product, there might be minimum fresh and additional purchase limits.
What is the minimum investment amount?
Currently, for any fresh allocation to any of the above-mentioned portfolios, the minimum investment is $1,000. For an additional/follow-on purchase in the same portfolio, the minimum investment amount is $250.
What are the charges applied for the remittance?
Remittance charges vary from bank-to-bank. We do not charge anything for the remittance. Our broker-dealer partner in the US charges a one-time setup fee of $5.00 for the first remittance. This is for tax certification for non-US accounts.