tag:blogger.com,1999:blog-22517597.post8109686563120331378..comments2024-03-03T11:13:39.377+11:00Comments on Moomin Valley: Investing for Snork MaidenmOOmhttp://www.blogger.com/profile/03440274434662150925noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-22517597.post-83918381205550435982008-04-04T20:17:00.000+11:002008-04-04T20:17:00.000+11:00I couldn't remember where I'd seen the trail rebat...I couldn't remember where I'd seen the trail rebate advertised so I did a quick google.<BR/><BR/>http://www.investsmart.com.au/trailcap/ offers 100% upfront fee rebate plus rebate of all trails above $395 pa. This would be good if you have a large amount invested in managed funds.<BR/><BR/>http://www.yourshare.com.au/yearly.php seems to offer 100% upfront fee rebate plus 50%-70% trail rebate, so this would be better for smaller total amounts. <BR/><BR/>I haven't tried either of these, so I can't vouch for them.enoughwealth@yahoo.comhttps://www.blogger.com/profile/09371028394685288035noreply@blogger.comtag:blogger.com,1999:blog-22517597.post-48608529909094751032008-04-04T15:50:00.000+11:002008-04-04T15:50:00.000+11:00Thanks! I just checked and the minimum for First C...Thanks! I just checked and the minimum for First Choice is $1000 if you do a regular savings plan. So maybe we'll do that and then we can always stop the plan if we want to :) I guess. I never thought to get tailing fees rebated. I assumed the broker was doing a tradeoff between fat up-front fees vs. happier customers with bigger accounts and lots of continuing trailing fees. The real con is if you apply direct to First State yourself they get to keep the 4% load which is really outrageous.mOOmhttps://www.blogger.com/profile/03440274434662150925noreply@blogger.comtag:blogger.com,1999:blog-22517597.post-37607233450811126072008-04-03T20:41:00.000+11:002008-04-03T20:41:00.000+11:00I haven't checked recently, but I think when I sta...I haven't checked recently, but I think when I started my investment in the CFS geared international share fund I could invest a minimum of only $500 if I also signed up for a "savings plan" (min $100 per month).<BR/><BR/>I have the investment within my StGeorge margin loan account, so each month I add in $100 and I get a matching $100 loan. (This made more sense though when interest rates were lower!). This means that the dividends paid by the investment are offset by the tax deductible interest charges, and are balanced out (hopefully) over the long term by getting a double dose of capital gains (or losses:) )<BR/><BR/>Even though the investment is held within the St George margin loan account I still applied for the investment via Comsec so I got the application fee rebated.<BR/><BR/>I once managed to also get the trailing fees rebated when I made a managed fund investment processed via a Count Wealth Accountants franchise (Cartwright Brown), but they only did it for my first son's superannuation account. When I asked for the trail to be rebated on a later investment I did for my second son they refused ;)<BR/><BR/>However, there is some other company that advertised rebating the up front application fees AND half (I think) of the trails if you nominate them as your non-advice 'planner'. It's worth shopping around, as a 0.4% trail rebate will add to performance over the long term.enoughwealth@yahoo.comhttps://www.blogger.com/profile/09371028394685288035noreply@blogger.com