Micro transaction investing apps

In by Ryan McFaddenLeave a Comment

Ryan McFadden

Hey Equity Mates,

I have been investing in Spaceship Voyager for nearly 2 years now and found it a useful tool as you describe to first access and gain exposure to the world of investing.

One thing I have noticed is that there are 0 fees to buy or sell units in the fund, no and the annual costs of the funds are also very low (eg. Spaceship Universal Fund 0.1%).

My questions are; how are they making money if the fees are this low and how do these costs vary in type and amount with traditional investing.

Thanks, Ryan