Costs of Investing: A Breakdown
It's not always easy to get a handle on your investing costs. Depending on where you invest, it might be difficult to get a good understanding of what the costs are and what investors might expect to pay for them. We believe it shouldn't be that way. You should always know what you're paying—and finding that information should be easy.
Stocks
| What are the costs? | What you pay with Carlton |
|---|---|
|
Trade Commissions Every time you buy or sell a stock, your brokerage company may charge you a trade commission. This includes costs for routing, executing, and clearing the trade.
|
US$0 for standard online listed stock trades.1 |
- View important information about stocks
section
Exchange-traded Funds (ETFs)
| What are the costs? | What you pay with Carlton |
|---|---|
|
Operating Expense Ratio (OER) OERs are charged annually by the fund company, expressed as a percentage of a fund's average net assets. They cover the fund's management and other costs. Passively managed funds are designed to track a specific market index and typically have lower costs (OERs) than actively managed funds that pay fund managers or management teams to make ongoing decisions on where a fund's money is invested.
|
Passively managed ETFs Carlton ETFs™*2 The asset-weighted average OER for passively managed ETFs is 0.05%.3 Expenses can range from 0.03%-0.13%. Third-party passively managed ETFs traded on US exchanges are also available. OERs vary from fund to fund. Actively managed ETFs Carlton offers third-party actively managed ETFs traded on U.S exchanges. OERs vary from fund to fund.
|
|
Trade Commission (online) Your broker may charge you a trade commission each time you buy or sell an ETF.
|
US$0 online for all listed ETFs, including Carlton ETFs.4 |
|
Other Costs Bid/ask spreads and changes in discounts and premiums can also factor into your trade costs.
|
Costs vary from fund to fund. |
*About Carlton ETFs - Carlton ETFs are distributed by SEI Investments Distribution Co.
- View important information about ETFs
ETFs
Bonds
| What are the costs? | What you pay with Carlton |
|---|---|
|
Price Markup Generally, this is the difference between the market price of the bond and the price at which it's sold to you, including transaction fees.
|
US$1 per bond transaction fee for most secondary market bonds traded online (US$10 minimum/US$250 maximum).5 |
- View important information about bonds
Bonds
Portfolio Management Fees
| What are the costs? | What you pay with Carlton |
|---|---|
|
Annual Portfolio Management Fees If you choose to have your portfolio of investments professionally managed or to obtain advice for a fee, there may be additional periodic costs. Usually based on a percentage of your assets, the costs can vary depending on the level of assets held in your portfolio and the level of service you receive. Keep in mind that you may also be paying investment costs specific to the underlying assets in your portfolio, such as ETF OERs or trade commissions.
|
Dedicated financial advice6 Starts at 0.80% for Carlton Wealth Advisory™7 |
- View important information about portfolio management fees
fees
Start investing
-
Start investing in the U.S. markets today.
contact
-
.png)
CallNew customers
+852-36871279
Monday-Friday, 9:00 am to 6:00 pm (HK Time)WhatsApp
+852-94426185
Monday 5:30 am – Saturday 1:00 pm (HK Time) -
.png)
Email -
.png)
Visit usCarlton international group, Hong Kong, Ltd.
41/F, Two International Finance Centre, 8 Finance Street, Central, Hong Kong
Office hours
Monday-Friday, 9:00 am to 6:00 pm (HK Time)
