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 Feed3 Mins Read

Kristal Weekly Feed | 2nd December 2019

Kristal Weekly Feed Banner

In a hurry? Here’s a short summary of some major global headlines over the last week.

Positives

• Gold climbs $7.40 despite the trade tensions between the US and China
• US Treasury yields close higher in anticipation of corporate debt sales in December
• In its debut week in Hong Kong, Alibaba’s shares close at +13%.

Negatives

• In sync with Asian and European equities, US stocks experience a drop this week
• The Hang Seng Index falls 2% despite a 36% rise in trading volumes

Now, for more detail.

Positives

1. Gold climbs $7.40 despite the trade tensions between the US and China

What You Should Know

The most active contract on Comex – Gold Feb 2020 (GCG20) gained $7.40 on Friday. At $1460.8 per ounce, this was a gain of 0.5%. With Trump signing a Bill supporting Hong Kong protestors, many investors are worried about a deterioration in the US-China trade talks.

What You Should Look Out For

The direction that gold prices might take in the coming months would depend on the interest rate movement, the resolution of the trade tensions, and the movement of USD with respect to gold pricing. The new round of US tariffs on Chinese goods scheduled for December 15, 2019, should highlight the state of international trade.

Suggested Reading

2. US Treasury yields close higher in anticipation of corporate debt sales in December

What You Should Know

With the anticipation of heavy corporate debt sales in the first week of December following the Thanksgiving holiday, many corporate underwriters sold Treasurys. This led to the rise in the yield of the U.S. 10 Year Treasury Note (TMUBMUSD10Y) by 1.2 basis points and reached 1.778%. Further, the yield of the U.S. 30 Year Treasury Bond (TMUBMUSD30Y) also rose by 1.3 basis points reaching 2.04%.

What You Should Look Out For

The investors are sceptical about international trade developments due to the fresh tensions between the US and China. Further, the German automaker, Daimler AI announced mass layoffs last week which fuelled investor concern too. This week should offer a better sense of the market as the light trade last week due to Thanksgiving could have exaggerated market moves.

Suggested Reading

3. In its debut week in Hong Kong, Alibaba’s shares close at +13%

What You Should Know

Alibaba started trading in Hong Kong from Tuesday (November 26, 2019). At the end of the first week, the stock has climbed 13% closing at 198.40 Hong Kong dollars on Friday. The secondary listing by Alibaba was the biggest share sale of the world this year.

What You Should Look Out For

While Alibaba shares had a good week, the Hang Seng Index closed 2% lower. Further, the strained US-China trade talks can also have an effect on the share prices.

Suggested Reading

Negatives

1. In sync with Asian and European equities, US stocks experience a drop this week

What You Should Know

After the Thanksgiving holiday, as trading resumed on Wall Street the Dow Jones Industrial Average, Nasdaq 100, and S&P 500 indices experienced a drop this week. This was in sync with the slump in the Asian shares as well as the Stoxx Europe 600 Index.

What You Should Look Out For

December 15, 2019, is the date that you should mark on your calendar as it will outline the current scenario of the US-China trade talks which have been under a lot of strain after Trump signed the Bill expressing support for Hong Kong protestors. Thierry Wizman of the Macquarie Group told Bloomberg that by December 15, 2019, we will have a clearer picture of whether the negotiations between the US and China will be derailed or stay on track.

Suggested Reading

2. The Hang Seng Index falls 2% despite a 36% rise in trading volumes

What You Should Know

Despite a rise in trading volumes of 36% than the 30-day average, the Hang Seng Index fell by 2% this week. Further, the FTSE China A50 Index of onshore-listed large caps fell by 1.3% while the Hang Seng China Enterprises Index fell by 2.5% too. While there were no clear triggers for the drop, speculations were about the increased tensions pertaining to the US-China trade talks being the driving factor.

What You Should Look Out For

Over the next two weeks, investors expect to have more clarity regarding the trade talks which might swing the markets strongly in one direction. Keep an eye out for the new list of tariffs on December 15, 2019.

Suggested Reading

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