x

Start investing with a
free Kristal.AI account.

icon

Simple. Secure.

*Error message
X

Accredited Investor

An Accredited Investor is an individual:

1. Whose net personal assets exceed in value SGD 2 million (or it's equivalent in a foreign currency) with value of his/her primary residence capped at SGD 1 million, or

2. Whose financial assets (net of any related liabilities) exceed in value SGD 1 million (or it's equivalent in a foreign currency), or

3. Whose income in the preceding 12 months is not less than SGD 300,000 (or it's equivalent in a foreign currency)

X

Kristal Freedom Account Fees and Charges

If account value is less than USD 50,000 -

NIL (if 25 or less client-initiated trade per calendar year; every SIP initiation is considered as 1 buy), else Custody and Asset Operating Fees at actuals charged to the Account by the Partner broker (i.e. Saxo Capital Markets).

If account value is more than USD 50,000 -

0.3% of account value charge is applicable, computed monthly on calendar month-end account value, charged quarterly and Custody and Asset Operating Fees at actuals charged to the Account by the Partner broker (i.e. Saxo Capital Markets).

Kristal Freedom Account Fund Movement Fee

Fee Item Kristal Freedom Account
Funds Deposit
USD Upto USD 25
SGD NIL
HKD NIL
AUD Upto USD 250
EUR Upto USD 250
GBP Upto USD 250
Deposit Threshold NIL (USD 1000 recommended)
Funds Withdrawal
USD Upto USD 50
SGD NIL
HKD NIL

FX Conversion

Where required shall be executed at 0.05% from the Market Rate. The Market Rate available to Kristal.AI is the Rate made available by the relevant brokers.

Note -

If Sender indicates Sender charges = 0, sending cost will be deducted (in addition to the above) by the receiving bank and paid back to the Sending bank and/or its Correspondent bank as applicable.

Additional charges levied by Clients’ bank may apply on transfers and FX conversions done in Clients’ bank account.

X

Kristal Private Wealth Account Fees and Charges

Non Fund Kristal account value if less than USD 50,000 -

Custody and Brokerage at actuals, charged to the Account by the Broker (i.e. Saxo Capital, Interactive Brokers).

Non Fund Kristal Account value if greater than USD 50,000 -

- 0.30%p.a. of A/C value > US $50,000, computed MONTHLY on calendar month-end account value, charged QUARTERLY.

- Custody and Brokerage at actuals, charged to the Account by the Broker (i.e. Saxo Capital, Interactive Brokers).

Fund Kristal fee in accordance with Factsheet.

Fee Item Kristal Private Wealth Account
Funds Deposit
USD Upto USD 50
SGD NIL
HKD N/A
AUD Upto USD 250
EUR Upto USD 250
GBP Upto USD 250
Deposit Threshold NIL (USD 25000 recommended)
Funds Withdrawal
USD Upto USD 50
SGD NIL
HKD NIL

FX Conversion

Where required shall be executed at 0.05% from the Market Rate. The Market Rate available to Kristal.AI is the Rate made available by the relevant brokers.

Note -

If Sender indicates Sender charges = 0, sending cost will be deducted (in addition to the above) by the receiving bank and paid back to the Sending bank and/or its Correspondent bank as applicable.

Additional charges levied by Clients’ bank may apply on transfers and FX conversions done in Clients’ bank account.

Kristal Managed Investment Account Fees and Charges

Fixed Income account value is equal to or greater than 80% of Total account value -

0.20%p.a. of Total account value, computed MONTHLY on calendar month-end Total account value, charged QUARTERLY.

Fixed Income account value is less than 80% of Total account value -

0.50%p.a. of Total account value, charged QUARTERLY, computed MONTHLY on calendar month-end Total account value.

Brokerage Account operating and maintenance charges ADDITIONAL in accordance with your Agreement with Broker.

Money transfer and FX conversion charges in accordance with your agreement with Broker.

DISCLAIMER

This is offered only to Accredited and Institutional Investors as defined under the Securities and Futures Act, Chapter 289 of Singapore (“Act”), which broadly comprises of regulated financial institutions, large corporates, high net worth individuals and sophisticated investors.

By clicking “Proceed”, you confirm that you are an Accredited/Institutional Investor as defined under the Act and you agree to the Terms of Use for this website.

EXIT PROCEED

Weekly Feed Mins Read

Kristal Weekly Feed | 22nd July 2019

Kristal Weekly Feed Banner

All you need to know, in under 1 minute.

Here’s a concise report on what made headlines in the global market last week.

Positives

  • PepsiCo closes $1.7 Billion Deal with South Africa’s Pioneer Food Group
  • Growth spurt for India’s ETF market; Centre raises over Rs 10,000 crore via CPSE ETF

Negatives

  • S&P 500, NASDAQ stocks fall; see the worst week since May
  • Netflix loses U.S. subscribers and $18bn in stock market value
  • Oil prices rise as U.S.-Iran tensions grow

 

Now, for more detail.

 

Positives 

1. PepsiCo closes $1.7 Billion Deal with South Africa’s Pioneer Food Group 

What You Should Know

On 19th July, PepsiCo declared that it has closed a U.S. $1.7 billion deal with Pioneer Foods Group Ltd, which is one of the largest producers and distributors of a range of branded food and beverage products in South Africa. The acquisition is supposed to be a major boost to South Africa’s economy, as well as help PepsiCo gain an amicable expansion into sub-Saharan Africa by enhancing Pioneer Food’s manufacturing and go-to-market capabilities.

What You Should Lookout For 

At the moment, Pioneer exports to more than 80 countries, and its agreement with PepsiCo might just open avenues for other foreign investors who would want to come to the country for bargains. This may just be the beginning of a great economic boost in South Africa, and could open investment opportunities soon.

Suggested Reading:

PepsiCo to buy South Africa’s Pioneer Food for $1.7 billion

 

2. Growth spurt for India’s ETF market; Centre raises over Rs 10,000 crore via CPSE ETF 

What You Should Know

A massive boost to India’s disinvestment receipts in FY19, the Centre has raised over Rs 10,000 crore on a net basis from the fifth Further Fund Offer (FFO) of the CPSE ETF, mobilising 53% of the receipts. This was a record Rs. 26,350 crore from CPSE ETF and Rs. 18,730 crore from Bharat-22 ETF.

What You Should Lookout For 

The good news is it could repeat in FY20 as well. Besides the two extant ETFs, it may launch three new sectoral ETFs consisting of PSUs in financial sector, energy, and metal and commodity. Sure it is a good time to invest in ETFs!

Suggested Reading:

CPSE ETF sees demand of Rs 40,000 crore, oversubscribed 5 times

 

Negatives 

1. S&P 500, NASDAQ stocks fall; see the worst week since May

What You Should Know

Stocks fell on Friday posting the worst week since May! The S&P 500 closed 0.6% lower at 2,976.61 while the Nasdaq Composite slid 0.7% to 8,146.49. The indices lost most of their earlier gains after Iran said it captured a British oil tanker. For the week, the S&P 500 and NASDAQ fell more than 1% each.

What You Should Lookout For 

The New York Federal Reserve President John Williams said Thursday that the central bank should “act quickly” when the economy loses some steam. “It’s better to take preventative measures than to wait for disaster to unfold” he claimed. Hopefully, this will not be a long wait for investors across the globe.

Suggested Reading:

Stocks fall, S&P 500 and Nasdaq post worst week since late May

 

2. Netflix loses U.S. subscribers and $18bn in stock market value

What You Should Know

Earlier this week, Netflix lost U.S. $18bn worth of stock market value overnight after subscriber numbers fell in the U.S. for the first time in eight years. Netflix blames the price rise for this loss, as in the U.S., consumers had to pay $13 per month for the most popular plan now.

What You Should Lookout For 

At this time, Netflix’s bigger concern is what happens when its new competitors have established themselves. Since its business is built on the back of leasing content from other companies, only time will tell what in the store.

Suggested Reading:

Netflix sees $18bn wiped off stock market value as US subscriber numbers fall

 

3. Oil prices rise as U.S.-Iran tensions grow

What You Should Know

After steep losses on Thursday and rising tensions between the United States and Iran, oil prices rose about 1 percent on Friday. For the week, benchmark crude prices declined, having fallen sharply earlier in the week on demand worries. West Texas Intermediate dropped 7 per cent for the week and Brent lost about 5.5 per cent for the week, the steepest losses for both benchmarks since late May.

What You Should Lookout For 

According to a Reuters report, the IEA is reducing its 2019 oil demand growth forecast to 1.1 million barrels per day (bpd) from 1.2 million bpd due to a slowing global economy amid a U.S.-China trade spat.

Suggested Reading:

Oil climbs as Middle East tensions offset demand worries

Disclaimer

The materials and data contained herein are for information only and shall in no event be construed as an offer to purchase or sell or the solicitation of an offer to purchase or sell any securities in any jurisdiction. Kristal Advisors does not make any representation, undertaking, warranty or guarantee as to the update, completeness, correctness, reliability or accuracy of the materials and data herein. All opinions, forecasts or estimation expressed herein are subject to change without prior notice. Kristal Advisors and its affiliates accept no liability or responsibility whatsoever for any direct or consequential loss and/or damages arising out of or in relation to any use of opinions, forecasts, materials and data contained herein or otherwise arising in connection therewith.

Other stories you might like

cross
Change your country to India?

You’re now visiting Kristal.AI Worldwide.
To explore diverse offerings in Indian and global products, select India as your country.

ind

India

hkg

Hong Kong

sgp

Singapore

global

Other
Disclaimer

This is offered only to Accredited and Institutional Investors as defined under the Securities and Futures Act, Chapter 289 of Singapore (“Act”), which broadly comprises of regulated financial institutions, large corporates, high net worth individuals and sophisticated investors.

By clicking Proceed, you confirm that you are an Accredited/Institutional Investor as defined under the Act and you agree to the Terms of Use for this website.