MEDIUM AND LONG-TERM INVESTMENTS
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Mutual Funds
Get access to over 600 mutual funds, find the ones that best match your investment criteria and broaden your assets base.
Each fund sets their own fees, which vary from one fund to another. Some funds have fees as low as 0.06%, whilst others may charge up to 2% or more depending on the strategy.
Settlement of mutual fund orders is between 1 and 3 days, depending on the terms set by the Fund Manager.
The dealing frequency is set by the Fund Manager and may vary from one fund to another. Generally, redemption settlement is between 1 and 3 days, but clarification should be sought in the fund documents relating to each specific fund.
Mutual funds will include the management fees in the NAV of the fund. The purpose of the fees is to cover the operating costs of the fund and the costs associated with managing the portfolio.
In 2019 there were over 8,000 mutual funds registered, and over 5,000 exchange traded funds globally.