InvestNow does not charge any transaction or admin fees for your InvestNow account.

InvestNow receives a fee from  some of the fund managers for making their funds available on the InvestNow platform, reflecting that they want investors to be able to readily and easily access their funds via InvestNow.  This does not result in any additional fees to you as the investor, as you simply pay the fees associated with the fund(s) that you select (refer to the Product Disclosure Statement for the fund for full details).

InvestNow also receives the interest on any money held within the Transaction Account, which helps to pay costs associated with offering and operating InvestNow. Transaction Accounts are intended to be used to fund investments into managed funds, or to facilitate withdrawals to your bank account following a fund redemption, distribution or any other payment. We will proactively alert clients to invest or withdraw cash if they have a positive cash balance.