Good news! There are no transaction fees or ongoing fees charged by MariBank to investors for Mari Invest. This means no account fees, upfront fees, sales charge or withdrawal fees, so 100% of your money gets invested.
The annual management fee for the PIMCO GIS Income Fund Admin SGD Hedged - Inc fund charged by the fund manager, PIMCO, is 1.05% p.a.
The management fee of a fund is a fee charged by the respective fund manager for its ongoing management of the fund, of which a portion is paid to MariBank as a distributor. It is factored into each day's Unit Price shown, and no further deductions are made when fund units are bought or sold. Read here to find out how it works.
For more information on fees charged by the fund manager(s), you may refer to the fund documents (e.g. fund factsheet, prospectus, and product highlights sheet) in the MariBank app.
Our 24/7 Customer Service Team is here for you if you have any questions!