Sentences with phrase «swap fees»
"Swap fees" refer to the charges or costs associated with exchanging one thing for another, typically used in financial transactions. It is the fee that is incurred when swapping or trading, often seen in currency exchanges or when switching one type of investment for another. Full definition
There is a further swap fee of 30 basis points.
canadiancapitalist.com
Clearly, it is cheapest to hold Canadian stocks in a RRSP even before considering swap fees, capital gains taxes etc..
Low MER of 0.19 % but may charge swap fees of up to 0.30 %.
Is it possible to short a stock or stock CFDs without paying any interest or swap fees for mantaining the position?
Just be aware this ETF includes a swap fee of 0.30 % on top of its management fee of 0.15 %.
Note that HXT is unique in that it does not pay a swap fee to its counterparty.
On its site FxPro states that the service is commission - free and the broker adds a mark - up on the spread and swap fees are charged on overnight positions.
When converting any of the above account types to an Islamic account, there will be no swap fee applied during a rollover but a fixed fee instead.
Swap fees can easily erase any MER advantages that HXT may currently have.
Back of the envelope calculation: HXS has an effective cost of 0.17 % (management fee + HST) + 0.30 % (swap fee) + 0.40 (tracking error of the C$ hedged index) = 0.87 % VTI = 0.07 % (MER) + 0.94 % tax on 2 % dividend = 1.01 %.
The swap fees may or may not be included in the ETF's «management fee».