If you have money invested in the Model Portfolio, Nomad only charges an annualized management fee of 0.5% of the money Nomad manages for you. This amount will be charged from your account on a monthly basis. This means you will only be charge a 0.0416% on the assets you invested in each month.
Putting into numbers, if you invest US$10.000 with Nomad:
It will be invested for you exactly US$ 10.000 and you will pay around US$ 4,16 monthly. The math is as follows:
US$10,000 * 0.005 * (1/12) ≈ US$4,16*.
*Aiming to simplify the example above, gains and losses that may happen throughout this period are not being considered.
If you have money invested in the Thematic Portfolios, the calculation is similar to that shown above, however, it should be considered that the annual management fee for the Thematic Portfolios is 1%, equivalent to 0.0833% on monthly basis.
Comments
0 comments
Article is closed for comments.