News for hackers. Stuff that matters.

A comment on Launch HN: Fintual Inc. (YC S18) – Automated Wealth Manager for Latin America. Parent comment

Re:Launch HN: Fintual Inc. (YC S18) – Automated Wealth Manag... by educruzat on Tuesday August 14, 2018 @08:16PM (#17762981)
Regarding the IPSA ETF : 0.2% entry comission + 0.6% ETF Fee + 0.2% exit commission ...the 1.19% seems quite reasonable, besides your are buying an assets which has a quite poor risk return profile (if you buy a solid corporate debt fund you obtain broadly the same return but half the risk). I believe Fintual pricing seems reasonable for the benefits of having a more solid portfolio.
[ Parent | on HN ]
Re:Launch HN: Fintual Inc. (YC S18) – Automated Wealth Manag... by ivm on Tuesday August 14, 2018 @08:45PM (#17763085)
Renta4's commission is 0.15% but I use it only for Bolsa de Santiago. Most of my portfolio is in Vanguard's ETFs that are significantly cheaper. I understand that Fintual's offer is still much better than any "fondo mutuo" from a local bank but hopefully they will be able to reduce the fees in future.

Anyway, I'm just picky because I have a choice. Meanwhile, the average person in Latin America definitely needs better instruments for investing. Best of luck to the team!

[ Parent | on HN ]