Fees

Management fee

True Wealth charges an asset management fee of 0.50% a year of your assets managed by True Wealth. The fee is billed on a quarterly basis. If larger amounts are withdrawn, the fee may be billed immediately.

Transaction fees included

Our management fee includes transactions costs (creation, adaptation to target weightings, portfolio reduction); i.e. trading commissions charged to you by our custodian bank will be deducted from our management fee in the next fee statement. There is no right to having the commission reimbursed.

Transaction taxes and bid-ask spread

The Swiss Stamp tax (stamp duty) is due on most purchases or sales of ETF, funds, or stocks. Depending on the security, it may be 0.15% or 0.075% of the transaction amount or be omitted. Other sovereign dues such as exchange duties may occurr.

Any purchase or sale of exchange traded securities and currency exchanges entails transactional costs due to the bid-ask spread of the traded security.

Other fees

There is no custody fee, no retrocession fee, no postage charge, no service fee. No fees are charged for deposits and transfers to your external bank account either. Pricing is subject to fee changes at the custodian bank.