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Betashares Direct - Fee Free Investing on ASX-Listed ETFs @ Betashares

samwaldo 9031 Posts 9031 Karma
samwaldo posted this 2 weeks ago

Apparently no fees, no brokerage, own Betashares platform for all Betashares shares and all ASX EtfS

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Copied from the website:

What are the fees and costs for using Betashares Direct?

Betashares Direct aims to keep your costs low, to help you maximise your investment returns over the long-term.

No brokerage fees apply for investing in, or selling, ETFs using Betashares Direct.
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If you decide to automate your investing using an AutoPilot Portfolio (pre-built portfolios or custom portfolios), low monthly portfolio fees apply. These portfolio fees don't apply to an AutoPilot custom portfolio with a single Betashares ETF.
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Interest income received by Betashares on the cash balance in your Cash Wallet is charged as a Cash Administration Fee, however, this fee is not directly deducted from your Betashares Direct account. No minimum cash balance applies to your Cash Wallet.
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No other account or transaction fees apply to your Betashares Direct account.
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Consistent with Betashares philosophy and focus on helping clients build long term wealth, Betashares Direct is subject to a fair use policy, to ensure the platform is not used in an excessive manner.

For more information on the above fees and costs, please refer to the Product Disclosure Statement(links.betashares.com.au) and Financial Services Guide(links.betashares.com.au)

Do platform fees apply to your individual ETF holdings on Betashares Direct?

No platform fees apply to individual ETFs held in your Betashares Direct account (i.e the ETFs held outside an AutoPilot Portfolio).
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Please note that interest income received by Betashares on the cash balance in your Cash Wallet is currently retained by Betashares as a Cash Administration Fee. This fee is not directly deducted from your Betashares Direct account. No minimum cash balance applies to your Cash Wallet.

For more information on the above fees and costs, please refer to the Product Disclosure Statement(links.betashares.com.au) and Financial Services Guide(links.betashares.com.au)

https://www.betashares.com.au/direct

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