Date: August 14, 2017
*Investor’s cost of funding is assumed to be 7%pa ** Expenses include brokerage , clearing , access fees and GST A brokerage fee of 0.5%, clearing fee of 0.04%, access fee of 0.0075%, GST of 7% and cost of fund of 7% for initial ES margin is used in this illustration.
Caution: ES contracts do not entitle investors with dividends or other share benefits. Investors are advised to take this factor into consideration when investing using ES contracts.
