What are the fees associated with USAA investment accounts?
Asked a year ago
The fees associated with USAA investment accounts vary depending on the specific type of account and investment products chosen. USAA offers a range of investment options such as mutual funds, individual stocks and bonds, as well as managed portfolios. Generally, these investment products have associated expense ratios and other fees, which may include brokerage fees, transaction fees, and advisory fees. The expense ratios typically cover the costs of managing and operating the investment funds. It is important to thoroughly review the prospectus or offering documents for each investment product to understand all applicable fees. Additionally, some accounts may have minimum investment requirements or maintenance fees. USAA strives to provide transparent information about these fees to help investors make informed decisions.
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