Effective today, 1 January 2025, ASNB will charge a service fee of 0.3% per annum on investments in Ria. For your information, Ria is a feature in the MyASNB application that focuses on robo-investment. These investments are managed automatically according to data-driven technological innovations. So, what should you know about it?
For your information, This charge of 0.3% per annum will be calculated on the total investment in the investor's account, which is accrued daily based on the Net Asset Value of Ria's portfolio. ASNB emphasises that there are no other hidden charges or fees imposed on investments in Ria, even if an investor has several different Ria portfolios.
We have yet to confirm other details on the news. So, we should wait for more confirmation from ASNB. Hopefully, everything will go smoothly.
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