SWF selfwealth limited
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Trading US ETF's, page-4

  1. Roxxon
    34 Posts.
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    19/08/22
    14:11
    Post #: 63213409
    60 bps does not equal 0.60%
    Convert AUD$50,000 when exchange rate is .7100 = US$35,500
    You get converted at .7040 (.7100 - 60bps) = $US35,200.

    Conversion costs $US 300 or 0.845%.




    SWF Price at posting: 19.5¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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