Wealth

Why One Low Fee Is The Best Perk Of All

By Nest Wealth on 01/02/2019Article 2 Minute Read

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Nest Wealth consistently offers some of the lowest investment management fees of Canada’s digital wealth managers. With sophisticated advice starting at just $20 a month, we’re helping Canadians reach their financial goals faster and easier. In this blog post, we explore why one low monthly fee is the only perk that matters.

Whether it’s through mutual funds or an ETF portfolio managed by a robo-advisor, you are charged an investment management fee. How high those fees are, and how they’re applied to your investment portfolio, makes a massive difference to how quickly you can grow your wealth.

The Value of One Monthly Fee

Like any professionally managed investment, Nest Wealth will charge a fee to manage your portfolio.  The way our investment management fees work are super simple. One monthly management fee, from $20 to $80 a month, depending on the size of your portfolio. Our fees are capped at $80, no matter how big your account grows. That’s it.

Why Low Fees Are The Best Perk Of Investing

Although percentage models may seem easier to understand, they also cost you a huge part of your wealth. If the market rises 5% and you’re paying 2% a year in fees, that’s 40% of your gains gone.

We don’t believe in hidden fees. It’s all about keeping things transparent.  When you do the math, and you consider what the average Canadian saves over their life,  it can be much more beneficial to invest using a flat fee pricing model over the long-term. Here’s a comparison of our fees versus the competition.

What would you do with the $1589 a year you save on fees with Nest Wealth?  That’s #InvestingMadeForLife.

For more information about our pricing, including a comparison between our ETF portfolios and other investment funds, feel free to visit our blog post, How Do Our Fees Work? Your Questions Answered.

 

How We Calculated These Numbers

This investment fee savings calculation is based on autoinvest.ca’s calculator using $500,000 invested for 10 years and 0 annual contributions. Calculations shown are for illustrative purposes only and obtained from sources believed to be reliable.