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Transaction Costs = Fees!

The following explanation is from Rest Super’s PDS – “Transaction costs are incurred when assets are bought or sold and are deducted from the income or assets underlying the investment option and reflected in the unit price. These costs are not deducted directly from your account”.

Comment – using the descriptive word Cost vs Fee is a standard ploy of deception to create confusion for the consumer. Your investments earnings will pay fees but it will not be displayed in your account – nice!

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