Where are you getting the $1.25 +0.275%/month? It's $1.25/month for balances below $5k. Above $5k it is 0.275% per annum.
Yes if you have small account it is expensive - but its cheaper than going direct with the same balance. They aren't a charity - they have costs to cover. Its not Raiz's fault for a consumer having a small balance - its up to the consumer to do something about it.
Please read the PDS before you start slamming a product for being expensive.
They purchase ETFs, which would normally incur brokerage if you did this directly, and allocate your account the appropriate exposure - Those ETFs are quite cheap and obviously have their own MER - which is more than acceptable as ETFs are the cheapest products out there.
I'm all for slamming a bad product when it's bad, but please do some proper research before you start making far from correct assertions.
- Forums
- ASX - By Stock
- RZI
- Ann: Funds Under Management & Active Customers - December 2018
Ann: Funds Under Management & Active Customers - December 2018, page-9
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RZI (ASX) to my watchlist
(20min delay)
|
|||||
Last
36.5¢ |
Change
-0.005(1.35%) |
Mkt cap ! $34.84M |
Open | High | Low | Value | Volume |
36.5¢ | 37.0¢ | 36.5¢ | $12.03K | 32.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6952 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 48210 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6952 | 0.365 |
5 | 14214 | 0.360 |
10 | 106151 | 0.350 |
2 | 3857 | 0.340 |
2 | 6060 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 48210 | 3 |
0.380 | 3588 | 2 |
0.385 | 8549 | 2 |
0.390 | 170250 | 2 |
0.400 | 59031 | 6 |
Last trade - 15.59pm 25/07/2024 (20 minute delay) ? |
Featured News
RZI (ASX) Chart |