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Updated Buy/Sell spreads from 1 April 2021

 

We’ve reduced our Australian Equities Buy / Sell Spreads

The Buy / Sell spreads for our Australian Shares Fund and Emerging Companies Fund have reduced, effective 1 April 2021. 

You can find updated details of all our fees and costs on our Managed Fund fee page. If you have any questions, feel free to call our helpline on 1800 021 227, 9:00am to 5:00pm AEST (Monday to Friday). 

Below is an overview of all fees that have changed from 1 April 2021 and may apply to your Managed Fund account with Australian Ethical.

Type of fee or cost

Fund name

Change from (%)

Change to (%)

Buy / sell spread

Australian Shares Fund (Retail)

0.20% / 0.20%

0.15% / 0.15%

Australian Shares Fund (Wholesale)

0.20% / 0.20%

0.15% / 0.15%

Emerging Companies Fund (Retail)

0.20% / 0.20%

0.15% / 0.15%

Emerging Companies Fund (Wholesale)

0.20% / 0.20%

0.15% / 0.15%

Type of fee or cost

Definition

Buy/sell spreads

The buy–sell spread is a fee to recover transaction costs incurred in relation to the purchase and sale of assets of the Fund and is used to adjust the unit price. It is an additional cost to you and is incurred when you contribute, transfer or redeem. We will use a buy–sell spread to recover transaction costs from you so that other investors are not paying for the cost of your transaction. It is not a fee paid to us.