iPower Account | Ordinary investment funds account | |
Subscription Fee | Waived |
Calculated and charged for each fund subscription |
Switching Handling Fee | Waived |
Calculated and charged for each fund switching |
Monthly Account Fee | Charged with reference to the daily portfolio value |
Not Applicable |
Account Administration Fee | Applicable |
Not Applicable |
Account Administration Fee | |
Account Administration Fee at transfer-out2 | 1.5% of the prevailing market value (as at the date of the Bank's receipt of the transfer-out instruction) of the fund holdings being transferred out |
Account Administration Fee at account closure3 | HKD100 x (12 - number of calendar months since settlement of the last fund subscription or switching-in transaction) (Maximum: HKD500) |