Sygnia Alchemy Platform Fees and Costs
Administration fees are charged as follows:
|Value of All Accounts||sygnia etfs||External-Managed ETFs and ETNs|
|First R2 000 000||0.20%*||0.40%*|
|Over R2 000 000||0.10%**||0.20%**|
* 0.20% (excl VAT) is levied on the proportionate value of the Sygnia ETFs below R2 million and 0.40% (excl VAT) is levied on the proportionate value of the external-manager ETFs and ETNs below R2 million.
** 0.10% (excl VAT) is levied on the proportionate value of the Sygnia ETFs above R2 million and 0.20% (excl VAT) is levied on the proportionate value of the external-manager ETFs and ETNs above R2 million.
Please note: Sygnia takes into account all your investments with us when assessing the R2 million threshold, including your non-ETF investments on the Sygnia Alchemy Investment Platform.
A Stock Brokerage fee of 0.10% excl VAT is charged per transaction, with no minimum fee payable.
Statutory charges relating to Investor Protection Levy of 0.0002% excl VAT and a nominal Strate settlement fee is charged per transaction.
Investment Management Fees
These vary widely across the Sygnia Alchemy ETF fund range. For a detailed breakdown of ETF-specific fees, please refer to the Sygnia Alchemy ETF and ETN Fund Summary.
Financial Advisor Fees
If you utilise a financial advisor, financial advisor fees are negotiated separately between yourself and your advisor.