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The Share Centre charges a lower £4.80 a month plus a fund dealing fee of 1% (minimum £7.50) per transaction.
There is also an initial dealing charge of £29.70, which is the dealing fee of £4.95 multiplied by six trades for each of the ETFs that sit within the portfolio.
This compares to its usual share dealing fee of £9.95 (or £4.95 if you make 10 or more transactions a month) and its usual charge for an online fund purchase of £4.95.
He says: 'Most Isa providers simply charge the standard dealing fee, which could make dividend reinvestment prohibitive.' Modray adds: 'Overall it's a fairly good deal particularly for investment trust investors who prefer to reinvest rather than withdraw dividends.
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Absurdly, some private-equity firms even charge portfolio companies fees for helping them refinance their debt when they're the ones to pile on leverage in the first place.In this section Drought warning The road to self-deception Fright simulator Contact sports Asia's rice bowls Fee high so dumb Exports to Mars ReprintsWhy would deal fees be on the rise?
Lower dealing fees The dealing fees associated with regular investing are much lower than traditional share and fund dealing.
You buy them through a stockbroker, a fund platform or directly from the trust company, paying the same dealing fees as buying any other shares.
It allowed banks to profit from both sides of a transaction: receiving a deal fee from the seller for selling a company, and an equally lucrative lending fee from the buyers.
In total, the two firms were paid about $30 million in fees, according to estimates by Thomson Reuters and Freeman & Company, a mergers and acquisitions consultancy that tracks and provides deal fee estimates.
In the meantime, they get their $176 million deal fee, not to mention all the commissions they get on stock trades.
Dealing With Fees on Security Deposits Q A landlord of a rent-stabilized apartment is allowed to charge 1 percent of the security deposit as an administrative fee.
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