Costs & Fees

Transaction Cost

Definition

What is Transaction Cost?

A cost arising from buying, selling, settling, or transferring an investment.

Example in practice

Brokerage, exchange levies, and settlement charges increase the cost of an exchange trade.

Keep learning

The recurring fee paid from fund assets to the fund manager for managing the portfolio.

A fund's annual operating expenses expressed as a percentage of its average net assets.

A charge deducted when an investor subscribes to a fund.

A fund option that retains or reinvests income so it contributes to unit-value growth.

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