Who is exempt from the RM5 minimum fee?



You will not be subject to the RM5 minimum fee if any of the following applies to you:

    You are a regular investor. This means you made a positive net deposit in that calendar month. Net deposit is your total deposits minus total withdrawals across your entire account. For example, if you deposited RM500 and withdrew RM200 in the same month, your net deposit is RM300, and the minimum fee would not apply. This includes deposits and withdrawals from Simple, Investment Portfolios and ETF Explorer combined

    You are only invested in ETF Explorer portfolios

    You are a new client within the first 6 months of opening your account

    You have an active promotional voucher (e.g., free investing for 3 months)

    Your total account balance is zero

 


How is the RM5 minimum fee applied?



Here are a few scenarios to illustrate:



Scenario 1: Your total fees for the month from all portfolios are already RM5 or more

No additional fee is charged. The minimum fee does not apply to you.



Scenario 2: Your total fees for the month from all portfolios are below RM5 (e.g., RM2)

A RM3 charge is applied to bring your total to RM5. This is deducted from your Simple portfolio first. If your Simple balance is insufficient or zero, the remainder rolls to your Investment Portfolio, starting from the one with the largest balance. Your ETF Explorer portfolios are never debited for this adjustment.



Scenario 3: Your total fees for the month from all portfolios are below RM5, and you have no Simple portfolio

The fee is deducted directly from your Investment Portfolio, starting from the one with the largest balance. Your ETF Explorer portfolios are not touched.



Scenario 4: Your total fees for the month from all portfolios are below RM5, and you only have ETF Explorer portfolios

The RM5 minimum fee does not apply to you. ETF Explorer portfolios are fully excluded from the minimum fee.



Scenario 5: Your total fees for the month from all portfolios are below RM5, and your Simple and Investment Portfolios have insufficient funds to cover the adjustment

We will deduct up to what is available across your Simple and Investment Portfolios. If you have any ETF Explorer portfolios, they will not be charged.


 



The simplest way to avoid the minimum fee is to keep investing regularly, no matter the amount. We want to support you in your wealth-building journey as a regular investor. In any month when your net deposits are positive, the minimum fee does not apply.