Users sometimes wonder whether the TERs (Total Expense Ratios) are included in the fees. TER’s are charges levied by fund managers. For traditional funds, they range from 1.5% to 3% but for the ETFs we select, they are about 0.3%. These charges are automatically deducted from the returns on your portfolio. And you won’t have to pay them twice.
Unlike other financial institutions, Birdee does not charge unexpected fees: you know exactly what you are paying for. Our fees are easy to understand and most of all… completely transparent.
The fees amount to 1% net per year. These fees will be automatically deducted from your account every 2 months at a rate of 0.017% each time.
There are no other fees for you to think about.