Does Save charge an advisory or management fee?

Modified on Mon, 01 Apr 2024 at 09:12 AM

For the Save Market Savings, Save charges a 0.20% fee only when there is an APY* above 0.20%.  For the Save Referral Program, Save charges a 0.35% fee only when there is an APY* above 0.35%.  All management/advisory fees are charged annually from the investment account prior to depositing returns into your account. We do not charge a fee if your investments don’t return more than 0.20% for Market Savings, or 0.35% for the Referral program.


For Market Trust, the fee structure is explained in full in this FAQ.

 

Save Market Savings Example:

You deposit $1,000 in Market Savings on January 1, 2024. On or after January 2, 2025, you receive any gains on the portfolio investment associated with your initial deposit that is above 0.20%, after Save has deducted the management fee of 0.20%. Returns below 0.20%, Save will not charge a fee. For a more holistic breakdown of the Market Savings fee structure, visit the "When am I charged Save's management fee" FAQ

 

Save Referral Example:

You receive a referral reward in the form of equivalent investment notional value.†† The investment for your referral program is made on January 1, 2024. On or after January 2, 2025, you will keep any returns on your referral investments above 0.35%. Below 0.35% return, Save will not charge a fee.

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