Fees & expenses
When investors purchase USTY, Yieldteq charges them a monthly fee on their account balance equal to of 15 basis points (0.15%) which is calculated on an annualized basis (0.0125% per month)..
The ETF has a total expense ratio of 7 basis points (0.07%) per year.
Investors will also incur a 1-off transaction fee upon subscription at of 5 basis points (0.05%) of their total subscription amount for each subscription of Tokens, subject to a minimum of 50 USDC per transaction.
Expenses that may be incurred include:
- Gas fees
- Bank wire fees
- Conversion fees.
- Audit and other third-party provider fees, cost, and expenses