hi there, im a nonbumi 18 yo student and a beginner to investment. im thinking of dca rm100-200 monthly into s&p 500 or similar us etfs. after my research, i have two available choices in mind which is wahed hlal and stashaway ivv but im concerned about the fees.
would like to know did i missed any other fees and how do i calculate them with actual numbers?will i get the dividend through roboadvisor?
currently thinking not diy etf directly using wise+ibkr as the brokerage fee will be too high for small amount investment. my aim is invest until around rm10k then only i transfer from wahed/SA into ibkr buying etf. the money i use for invest is my "net allowance" after deduct montly expense and i do have emergency fund.
thanks in advance
- wahed 97.5% hlal (0.79% annual wrap fee, 1% currency conversion, expense ratio 0.5%)
- stashaway flexible portfolio 99% ivv (0.8% management fee, 0.1% currency conversion, expense ratio 0.03%)
The other fee included is the low fee associated with the ETFs, averaging 0.15% - 0.25%. (found this from sa website, is this include the expense ratio from ivv?)
would like to know did i missed any other fees and how do i calculate them with actual numbers?will i get the dividend through roboadvisor?
currently thinking not diy etf directly using wise+ibkr as the brokerage fee will be too high for small amount investment. my aim is invest until around rm10k then only i transfer from wahed/SA into ibkr buying etf. the money i use for invest is my "net allowance" after deduct montly expense and i do have emergency fund.
thanks in advance