PSPL Fee Schedule
Commission/Spread
- FX
Spread may apply1
- Equity / ETFs
0.30% - 1%, varies by notional
- Bonds (Govt & Fixed Income)
Spread may apply1
- Structured Instruments
Spread may apply1
- Repurchase Agreement (Repo)
Spread may apply1
- Funds - 3rd Party
Varies by fund2
- Funds - Penguin Securities Private Credit Fund
0.15% of subscription amount
- Account Management Fee
Applicable to Securities only.
20 bps p.a.3
Other Fees
- Deposit (Cash)
Free
- Deposit (Securities)
Varies by product and market4
- Withdrawal(Cash)
Free
- Withdrawal (Securities)
Varies by product and market4
- Out of Pocket / Other Expenses
Varies by product and market4
Disclaimers
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- 1.
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Spreads may apply from 1bps depending on liquidity, product, and transaction size (where applicable).
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- 2.
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Please refer to the fund prospectus or contact us for exact details. Trailer fees may be received.
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- 3.
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Based on value of assets under custody at the last day of the month.
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- 4.
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Fees may include transfer, third-party charges, or other transaction/processing fees, which will be disclosed (where applicable).
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- 5.
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This is a standard fee schedule provided for indicative purposes.
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- 6.
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For trading-related fees, a final fee rate will be provided at order confirmation, based on trade size, type, and market.
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- 7.
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All fees and commissions are subject to prevailing GST.
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- 8.
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Best execution will be sought in all trades and applicable costs disclosed upfront.
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- 9.
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This Fee Schedule forms part of the General Terms and Conditions and, in relation to Repo transactions, the Global Master Repurchase Agreement and its relevant annexes. "Fee Schedule" refers to the applicable commissions, charges, fees, costs, and other rates associated with the services governed by the General Terms and Conditions.