QUOTE(Cubalagi @ Mar 22 2021, 03:42 PM)
That's not how robo advisors work as far as I know..
U get smack by Robo advisor fee and also by the ETF mgmt fee.
Apply for all ETF invested by robo advisor, not just the Goldetf.
it was mentioned in Wahed website
QUOTE
Wahed doesn’t charge any fee for deposits and withdrawals. Your bank may charge a small fee when you make a bank transfer to our custodian account. Wahed only charges a Wrap Fee which is inclusive of all management fees, custodian fees, and transaction fees, except for any bank transfer fees or other miscellaneous fees that are charged by the custodian.
https://malaysiasupport.wahedinvest.com/hc/...or-withdrawals-from TradePlus FAQ
QUOTE
Annual Management Fee - Currently 0.30% p.a. of the NAV of the TradePlus Shariah Gold Tracker (“Fund”) calculated and accrued daily using the Fund’s base currency (USD)
Annual Trustee Fee – Currently 0.06% p.a. (excluding custody fees and charges) of the NAV of the Fund calculated and accrued daily using the Fund’s base currency (USD)
Annual Custodian Fee – Currently 0.20% p.a. of the value of the gold bars held with the custodian, accrued daily and payable monthly using the Fund’s base currency (USD)
Quarterly Index Licence Fee – Currently 0.0075% of the Peak AUM, subject to a minimum of USD250 and a maximum of USD10,000
https://tradeplus.com.my/gold-trackermaybe need to pay Trustee Fee and Licence Fee but it is too low that I believe, Wahed able to absorb that..