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Investments

Does MeDirect offer investment advice?

Our qualified team of investment advisors can help you reach your financial goals by making sound investment decisions. Give us a call on (+356) 2557 4400 to book an appointment, and we will help you get the most out of your money.

Which stock markets can I invest in using the Online Trading platform?

You can invest on the following stock markets across the world: Malta (Malta Stock Exchange) – Euro, Pound Sterling, US Dollar Italy (Borsa Italiana) Belgium, France, Netherlands and Portugal (Euronext) Sweden (Stockholm Stock Exchange)   Denmark (Copenhagen Stock Exchange) Finland (Helsinki Stock Exchange) Norway (Oslo Stock Exchange) Spain (Madrid Stock Exchange Switzerland (Six Swiss Exchange)  Germany (Xetra) United Kingdom (London Stock Exchange) United States of America (Nasdaq, NYSE, AMEX, ARCA)

Which mutual funds can be traded on the Online Trading platform?

We have a list of over 900 mutual funds in which you can invest in. They cover a range of investment objectives, markets and asset classes in order to help you diversify your portfolio. You can also make use of a Sustainability Filter to narrow the selection of mutual funds to only those funds that promote environmental and/or social characteristics and may invest in sustainable investments or to those funds that have sustainable investment as their main objective.

What is the price that I will buy/sell a mutual fund for?

The price of a unit of a mutual fund is referred to as the NAV (‘Net Asset Value’).  The NAV is calculated by dividing the total net assets of the fund by the total number of units issued. Mutual funds typically update their NAVs at the end of the trading day and the valuation of the assets within the mutual fund are then based on the closing market prices of the fund’s securities. The NAVs published on the MeDirect website for a mutual fund are, therefore, backward looking and do not act as an indication of the NAV for the following trading day. Trading in mutual funds is always done on a ‘Forward Pricing’ methodology. Mutual funds transacted during the trading day will receive the end of day NAV as their transaction price. Mutual funds transacted after the market’s close will receive the next day’s forward price. With forward pricing, a mutual fund transaction cannot take place at a previous NAV. Its price can only be based on a value determined after receipt of an order.

What is the ongoing charge for mutual funds and ETFs?

The ‘Ongoing Charge’ is a fee applicable to both Mutual Funds and Exchange Traded Funds. This figure, which is usually expressed as a percentage, is an indication of the cost an investor would incur over the year for investing in that fund or ETF. The investor will bear these fees indirectly as the NAV will be negatively impacted by this fee. The Ongoing Charge fee includes payments to the management company, payments to persons providing outsourced services, registration, regulatory, audit, compliance, legal and professional advisers charges, distribution charges, etc. However, this does not include transaction charges as a result of cash inflows and outflows instructed by the investors (entry/exit charges or commissions) nor does it include a performance fee paid to management companies.

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We strive to ensure a streamlined account opening process, via a structured and clear set of requirements and personalised assistance during the initial communication stages. If you are interested in opening a corporate account with MeDirect, please complete an Account Opening Information Questionnaire and send it to corporate@medirect.com.mt.

For a comprehensive list of documentation required to open a corporate account please contact us by email at corporate@medirect.com.mt or by phone on (+356) 2557 4444.