Smart Index Fund Investing in Dubai, United Arab Emirates
Expats who live in Dubai can build low cost portfolios of index funds.
They could do it on their own, or they could hire a highly ethical and professional firm to build the portfolio for them. Below, you can see a list of DIY brokerages and advisors. Some of the advisory groups provide more thorough service than others. Some might insist that you conference with them at least once a quarter.
However, they all build portfolios of low cost index funds.
Conveniently, one of the advisory firms is located in Dubai: AES International.
DIY (DO-IT-YOURSELF) INVESTORS
|
Firm |
Annual Brokerage Fee |
Commission Fee Per Trade |
|
All nationalities. But see possible U.S. estate tax question for non-American investors. |
$0 |
1 cent per share Minimum $1 per trade (likely the cheapest in the world) |
|
(no Americans) |
95 Euros per year |
14.95 Euros *Differs based on markets and amounts invested
|
|
(no Americans) |
0.12% |
Similar to above |
Index Fund Investment Advisors / Firms For Americans
|
Firm |
Annual Portfolio Management Fee |
Minimum Required |
|
0.9% (for accounts below $500,000) |
$100,000 |
|
|
0.3% to 0.4% |
$10,000 |
|
|
1.2% |
$750,000 |
|
|
0.4% to 0.5% |
$500,000 |
Index Fund Investment Advisors / Firms For Non-Americans
|
Firm |
Annual Portfolio Management Fee |
Minimum Required |
|
(Based in Dubai) |
1.2% |
$75,000 |
|
(Marc Ikels Consulting) |
1% |
$500,000 |
|
(for Canadians only) |
0.35% to 0.6% |
$5000 |
|
(British investors only) |
0.9% (drops after first million GBP) |
500,000 GBP |