Costs & Fees
Exchange Levy
Definition
What is Exchange Levy?
A fee imposed by an exchange on eligible transactions.
Example in practice
How This Looks in Practice
The levy is deducted when listed shares are sold.
Keep learning
Related Terms
Costs & Fees
Management Fee
The recurring fee paid from fund assets to the fund manager for managing the portfolio.
Costs & FeesExpense Ratio
A fund's annual operating expenses expressed as a percentage of its average net assets.
Costs & FeesEntry Load
A charge deducted when an investor subscribes to a fund.
Plans & OptionsAccumulation Option
A fund option that retains or reinvests income so it contributes to unit-value growth.