IPO Discretionary Account
The least investment amount for IPO Discretionary Account is 20,000, this service is only applicable for Hong Kong IPO at the moment;
Commission: 0.03 % of the trading amount
Platform Fee: HKD 0/ trade
Subscription Fee: HKD 0-18 / trade (Subject to the relevant pages display); HKD 60- 100 / trade for bank margin (Subject to the relevant pages display, the charge is applied even allotment is 0 )
Bank margin subscription interest rate: 1.6% per annual (The rate may vary subject to the market situation for different IPO)
Transaction levy, transaction fee, brokerage commission: 1.077% (subject to allotted amount )
Management Fee: 1% annually, calculated with reference to the actual days, hold fund per day and debit per month
Performance fee: 10% of the profit generated, debit semi-annually, not applicable for loss
Closing period: 180 days (Calendar date)
