MoneyOwl rolls out low-cost investment portfolio service

MoneyOwl chief executive Chuin Ting Weber says the firm aims to make “conflict-free advice and fit-for-purpose financial solutions accessible”.
MoneyOwl chief executive Chuin Ting Weber says the firm aims to make “conflict-free advice and fit-for-purpose financial solutions accessible”.
Dr Chen Peng, Dimensional Fund Advisors’ chief executive for Asia ex-Japan, says the firm has seen a “continued build-up in demand” in Asia.
Dr Chen Peng, Dimensional Fund Advisors’ chief executive for Asia ex-Japan, says the firm has seen a “continued build-up in demand” in Asia.

Financial advisory MoneyOwl is rolling out its investment portfolio service for retail investors, which will neither carry a sales charge nor receive any trailer fees.

Trailer fees are the portion of funds' annual management fees that are typically paid to a distributor or adviser. This forms part of recurring revenues for advisers. Trailer fees of a retail fund could comprise as much as half of the fund's annual management fee.

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A version of this article appeared in the print edition of The Sunday Times on April 28, 2019, with the headline 'MoneyOwl rolls out low-cost investment portfolio service'. Print Edition | Subscribe