0.275% per year (paid monthly), subject to a minimum of $1.25 per month if you link your bank account
If you invest
Link your bank account to round up transactions?
If you don't, direct debit is used which costs a little more to process
Fees paid to FirstStep
Vanguard, Betashares, iShares, Blackrock
Annual fees as a percentage of amount invested
Account Fee is 0.275% p/a subject to a minimum of 1.25 per month
Usual Expenses are 0.20% p/a and cover the people that help FirstStep run. People like OneVue, the accountants, the smart lawyers - all the usual help.
We've included ETP costs from fund providers for complete transparency. They range between 0.15% per year and 0.30% of your FirstStep account balance per year. The actual cost may be more or less than this.