this post was submitted on 14 Nov 2024
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Betashares Direct now offering more than 300 ASX-listed shares with zero brokerage (www.betashares.com.au)
submitted 9 months ago by Eyekaytee@aussie.zone to c/ausfinance@aussie.zone
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[–] korda@aussie.zone 3 points 9 months ago* (last edited 9 months ago) (2 children)

You missed the best bit. “Access all ETFs and 300+ shares traded on the ASX, brokerage-free Invest in any ASX-traded ETF – whether from Betashares or other managers – and over 300 ASX shares, with zero brokerage.”

I’ll check out the fine print later.

[–] ryannathans@aussie.zone 1 points 9 months ago (1 children)

The PDS suggests approx 0.4% pa fees

[–] korda@aussie.zone 1 points 9 months ago (1 children)

Ouch.

[–] Eyekaytee@aussie.zone 1 points 9 months ago

Nah just don't use the Managed or Custom Portfolio features, that appears to be in line with Raiz, just use it to buy the shares/ETF's directly

[–] Eyekaytee@aussie.zone 1 points 9 months ago

hrmm? you mean the free ETF brokerage? that bit has been around for about a year now (since betashares direct was released), the new feature released today is ASX traded shares with zero brokerage