Singapore Investment Platform Custody Fee Tracker 2026 — Track the Separate Annual Safekeeping Fee Some Platforms Charge on Top of Brokerage Commission & Fund Fees

Custody fee explained — Singapore investment platforms 2026: a custody fee (also called a safekeeping fee, platform fee, or asset-based fee) is a SEPARATE charge some platforms levy specifically for HOLDING your securities in their custody, INDEPENDENT of how frequently you actually trade; how this DIFFERS from brokerage commission: brokerage commission (covered in the companion P203 calculator) is a TRANSACTION-based cost, charged EACH time you buy or sell a security — if you NEVER trade after an initial purchase, you incur NO further brokerage commission; custody fee is an ONGOING, typically ANNUAL or periodic charge based on your TOTAL portfolio value (or sometimes a flat amount), applying REGARDLESS of trading activity, SIMPLY for the platform continuing to HOLD and SAFEKEEP your securities; why this distinction matters: a LONG-TERM, buy-and-hold investor might pay MINIMAL brokerage commission over many years (since they trade infrequently) but COULD still face a MEANINGFUL ongoing custody fee burden if their chosen platform charges one, since this fee continues REGARDLESS of trading frequency — making custody fee comparison PARTICULARLY important for investors with a passive, infrequent-trading investment STYLE.

Prevalence of custody fees among Singapore brokers — 2026: this VARIES considerably across the Singapore broker landscape, and the GENERAL trend has been TOWARD more platforms OFFERING custody-free structures, particularly among NEWER, digitally-focused brokers competing on overall cost: increasingly COMMON: custody-FREE structures, particularly among MODERN, lower-cost digital brokers that have ENTERED the Singapore market in recent years, often COMPETING specifically on a “no hidden fees” or “transparent, low-cost” positioning; STILL present at SOME providers: certain traditional banks or FULL-SERVICE brokers may STILL charge a custody or platform MAINTENANCE fee, sometimes WAIVED or REDUCED for clients meeting CERTAIN account balance thresholds or RELATIONSHIP tiers; how to VERIFY your SPECIFIC platform: NEVER assume EITHER way — explicitly CHECK your SPECIFIC broker’s CURRENT fee schedule (or CONTACT them directly, as DISCUSSED in the EXPERT tips section) to CONFIRM whether THEY charge ANY custody-related fee, RATHER than assuming the BROADER industry TREND toward custody-free STRUCTURES automatically APPLIES to your SPECIFIC chosen platform; this CALCULATOR’S purpose: this TOOL is DESIGNED to help you COMPARE the SPECIFIC custody fee STRUCTURES (including S$0 for CUSTODY-free platforms) ACROSS the SPECIFIC options you’RE actually CONSIDERING, RATHER than relying ON general industry ASSUMPTIONS that may NOT apply TO your SPECIFIC platform choices.

Custody fee annual CAP mechanics — Singapore 2026: an ANNUAL cap (also CALLED a maximum OR ceiling) LIMITS the TOTAL custody fee you PAY in ANY given year, REGARDLESS of how LARGE your PORTFOLIO grows BEYOND the THRESHOLD where the PERCENTAGE calculation WOULD otherwise EXCEED the CAP; how the CALCULATION works: the PLATFORM first CALCULATES the standard FEE using their PERCENTAGE rate (PLUS any FLAT component) APPLIED to YOUR portfolio VALUE; IF this CALCULATED amount EXCEEDS the STATED cap, you ONLY pay the CAP amount INSTEAD of the FULL calculated PERCENTAGE-based fee; worked EXAMPLE: a PLATFORM charges 0.15% ANNUALLY with a S$200 CAP — on a S$100,000 PORTFOLIO: 0.15% × S$100,000 = S$150 (BELOW the cap, SO you PAY the FULL calculated S$150); on a S$200,000 PORTFOLIO: 0.15% × S$200,000 = S$300 (ABOVE the S$200 CAP, so you ONLY pay the S$200 cap AMOUNT, not the FULL S$300 calculated FIGURE); why CAPS matter SIGNIFICANTLY for LONG-term, GROWING portfolios: as DEMONSTRATED in EXAMPLE 2, a CAP effectively CONVERTS a PURE percentage-BASED fee into a FLAT fee ONCE your PORTFOLIO crosses the CAP threshold, PROTECTING successful, GROWING investors from THEIR custody fee INCREASING indefinitely ALONGSIDE their INVESTMENT growth — ALWAYS check WHETHER a SPECIFIC platform’S custody fee HAS an ANNUAL cap, and WHAT that CAP level IS, since THIS single FEATURE can SIGNIFICANTLY affect YOUR total LONG-term custody COST for a SUCCESSFULLY growing PORTFOLIO.

Annual SIMULATION methodology FOR custody FEES — Singapore TRACKER 2026: this CALCULATOR uses an ANNUAL-step SIMULATION (RATHER than the MONTHLY simulation USED in the COMPANION P202, P204, and P205 CALCULATORS), reflecting HOW custody FEES are TYPICALLY assessed IN practice: WHY annual (NOT monthly) SIMULATION: unlike ONGOING expense RATIOS (WHICH are CONTINUOUSLY embedded IN daily NAV, as DISCUSSED in P205) or MANAGEMENT fees (OFTEN charged MONTHLY, as IN P202), custody FEES are MORE commonly ASSESSED and CHARGED on an ANNUAL or, SOMETIMES, QUARTERLY basis BY most PLATFORMS, MAKING an ANNUAL-step SIMULATION a REASONABLE and PRACTICAL approximation FOR this SPECIFIC fee TYPE; how the SIMULATION works: each YEAR, the CALCULATOR first APPLIES your ASSUMED gross RETURN and ANNUAL contribution TO grow THE portfolio BALANCE, THEN assesses THE custody FEE (with ANY applicable MINIMUM/CAP) on THE resulting YEAR-END balance, AND deducts THIS fee BEFORE moving TO the NEXT year’S calculation; for PLATFORMS that ACTUALLY charge QUARTERLY rather THAN annually: this ANNUAL-step APPROXIMATION should STILL provide a REASONABLY accurate TOTAL annual COST figure, EVEN though it DOESN’T capture THE precise INTRA-year timing OF quarterly DEDUCTIONS — for MOST practical LONG-term planning PURPOSES, the TOTAL annual COST (rather THAN the EXACT timing WITHIN the YEAR) is THE primary FIGURE of INTEREST, which THIS calculator’S methodology APPROPRIATELY captures FOR custody FEE comparison PURPOSES specifically.

Custody-FREE doesn’t ALWAYS mean OVERALL cheapest — Singapore PLATFORM comparison 2026: NO — as DISCUSSED in DETAIL in EXAMPLE 3, a CUSTODY-free STRUCTURE addresses ONLY ONE specific COST component AMONG several THAT together DETERMINE a PLATFORM’S true OVERALL cost; other COST components to CONSIDER alongside CUSTODY fees: BROKERAGE commission rates (COVERED in P203) — a PLATFORM might OFFER custody-FREE holding BUT charge RELATIVELY higher COMMISSION on EACH trade, POTENTIALLY offsetting the CUSTODY-free advantage FOR investors who TRADE more FREQUENTLY; fund-LEVEL expense RATIOS if INVESTING via FUNDS or ETFs THROUGH that PLATFORM (COVERED in P205) — THESE are SEPARATE from PLATFORM-level custody FEES and APPLY regardless OF which PLATFORM you USE for a GIVEN fund; ANY other FEES (currency CONVERSION spreads IF applicable, COVERED in P206; WITHDRAWAL fees; ACCOUNT closure FEES; etc.) THAT might APPLY at A specific PLATFORM; the COMPLETE comparison APPROACH: use THIS calculator (CUSTODY fees) ALONGSIDE the COMPANION P203 (BROKERAGE) and, IF relevant, P205 (FUND expense RATIOS) and P206 (CURRENCY conversion, IF investing IN foreign-CURRENCY assets) CALCULATORS to BUILD a COMPLETE picture OF any SPECIFIC platform’S TOTAL cost STRUCTURE for YOUR specific INVESTMENT pattern — a PLATFORM that’S custody-FREE but HAS notably HIGHER brokerage COMMISSION might ACTUALLY cost MORE overall FOR an ACTIVE trader THAN a PLATFORM with a SMALL custody FEE but VERY low COMMISSION rates, DEPENDING on YOUR specific TRADING frequency AND portfolio SIZE.

Custody FEES on CPFIS AND SRS-held INVESTMENTS — Singapore 2026: YES, custody-TYPE fees CAN potentially APPLY to INVESTMENTS held WITHIN your CPFIS or SRS ACCOUNT, depending ON the SPECIFIC approved AGENT bank (DBS, OCBC, OR UOB) and THEIR specific FEE structure FOR these SCHEMES: how THIS might DIFFER from STANDARD cash-ACCOUNT custody FEES: SOME banks MAY apply THE SAME custody FEE structure ACROSS cash, CPFIS, and SRS ACCOUNTS uniformly; OTHERS may HAVE specific, POTENTIALLY different FEE arrangements FOR CPFIS or SRS-HELD investments SPECIFICALLY, given THE distinct REGULATORY and ADMINISTRATIVE framework GOVERNING these SCHEMES; verify YOUR specific SITUATION: if YOU hold investments WITHIN your CPFIS or SRS ACCOUNT, specifically CHECK with YOUR approved AGENT bank or SRS OPERATOR whether ANY custody OR safekeeping fee APPLIES to THESE specific HOLDINGS, and WHETHER the RATE differs FROM their STANDARD cash-ACCOUNT custody FEE (if ANY); how to USE this CALCULATOR for CPFIS/SRS custody FEE comparison: enter YOUR CPFIS or SRS PORTFOLIO value as THE “Current PORTFOLIO Value” input, AND use THE SPECIFIC custody FEE structure APPLICABLE to YOUR CPFIS or SRS ACCOUNT (which MAY differ FROM the BANK’S standard CASH-account rate) WHEN comparing ACROSS your THREE approved AGENT bank OPTIONS, SINCE — as DISCUSSED in OTHER SRS and CPFIS-related FAQs throughout THIS calculator SERIES — your COMPARISON set FOR these SPECIFIC schemes IS inherently LIMITED to THE 3 approved AGENT banks, RATHER than the BROADER universe OF brokers AVAILABLE for STANDARD cash INVESTING.

P207 Custody FEE Tracker vs P202 ROBO-Advisor Fee COMPARISON — different FOCUS 2026: these TWO calculators ADDRESS different, THOUGH potentially OVERLAPPING, fee CATEGORIES: P202 (ROBO-Advisor Fee COMPARISON Calculator): models the ONGOING management FEE charged BY a robo-ADVISORY platform FOR actively MANAGING your OVERALL portfolio ALLOCATION (selecting INVESTMENTS, rebalancing, ETC.) — this is A comprehensive MANAGEMENT service FEE that TYPICALLY already INCLUDES the COST of HOLDING your ASSETS within THEIR platform; P207 (THIS Custody FEE Tracker): models a SPECIFIC, NARROWER fee — the COST of SIMPLY holding/SAFEKEEPING securities, WITHOUT any ACTIVE management COMPONENT, MORE relevant for DIY investors WHO select their OWN investments BUT use a BROKERAGE platform THAT happens TO charge a SEPARATE custody FEE on TOP of standard BROKERAGE commission; WHEN each CALCULATOR is RELEVANT: if you’RE using a ROBO-advisor (WHERE the PLATFORM manages YOUR portfolio ALLOCATION for YOU), use P202 TO understand THEIR all-IN management FEE — custody IS generally BUNDLED into THIS management fee FOR robo-ADVISORY services, SO this P207 CALCULATOR is GENERALLY less RELEVANT for PURE robo-advisor COMPARISON; if you’RE a DIY investor SELECTING your OWN stocks/ETFs THROUGH a STANDARD brokerage PLATFORM, use P207 (THIS calculator) TO check WHETHER your CHOSEN brokerage ALSO charges a SEPARATE custody FEE beyond STANDARD trading COMMISSION (P203), SINCE this IS a DISTINCT cost LAYER specific TO certain BROKERAGE platforms, SEPARATE from ROBO-advisory management FEES entirely.

Custody FEE level VS investor PROTECTION — Singapore 2026: there IS no GUARANTEED, UNIVERSAL correlation BETWEEN a PLATFORM’S custody FEE level AND the LEVEL of INVESTOR protection OR insurance COVERAGE it PROVIDES — baseline REGULATORY protections SHOULD apply REGARDLESS of WHETHER a SPECIFIC platform CHARGES a custody FEE: baseline REGULATORY protections IN Singapore: ALL properly LICENSED brokers AND custodians operating IN Singapore are SUBJECT to MAS (Monetary AUTHORITY of SINGAPORE) regulatory OVERSIGHT, including REQUIREMENTS around CLIENT asset SEGREGATION (keeping YOUR securities SEPARATE from THE platform’S own ASSETS) — this BASELINE protection SHOULD apply WHETHER or NOT a SPECIFIC platform CHARGES an EXPLICIT custody FEE; what a HIGHER custody FEE might (or MIGHT not) PROVIDE: SOME platforms MAY use PART of THEIR custody FEE revenue TO fund ADDITIONAL insurance COVERAGE, more ROBUST operational INFRASTRUCTURE, or ENHANCED security MEASURES beyond THE regulatory BASELINE — but THIS is NOT automatic OR guaranteed SIMPLY because a PLATFORM charges A fee; VERIFY specific PROTECTIONS directly: rather THAN assuming a HIGHER custody FEE automatically MEANS better PROTECTION, specifically RESEARCH and COMPARE each PLATFORM’S actual REGULATORY licensing STATUS (verify VIA the MAS FINANCIAL Institutions DIRECTORY), any SPECIFIC additional INSURANCE or PROTECTION schemes THEY participate IN, and THEIR general REPUTATION and TRACK record FOR client ASSET security — THESE factors SHOULD be ASSESSED independently FROM the CUSTODY fee LEVEL itself, RATHER than ASSUMING a HIGHER fee AUTOMATICALLY correlates WITH better PROTECTION, similar TO the GENERAL principle DISCUSSED in THE companion P202 CALCULATOR regarding FEE level NOT automatically CORRELATING with SERVICE quality.

Portfolio VOLATILITY and CUSTODY fee IMPACT — Singapore 2026: since MOST percentage-BASED custody FEES are CALCULATED on YOUR ACTUAL portfolio VALUE at THE time of ASSESSMENT (TYPICALLY annually OR quarterly, AS discussed IN another FAQ), MARKET volatility CAN cause YOUR actual CUSTODY fee to VARY somewhat FROM year to YEAR, even AT a CONSTANT percentage RATE: during MARKET downturns: if YOUR portfolio VALUE temporarily DECLINES due TO market CONDITIONS at THE specific point WHEN the CUSTODY fee is ASSESSED, you’D pay a SLIGHTLY lower DOLLAR amount FOR that PERIOD (since the PERCENTAGE applies TO a SMALLER base), THOUGH this IS a RELATIVELY minor “SILVER LINING” compared TO the BROADER impact OF the market DECLINE itself ON your OVERALL portfolio VALUE; during MARKET upswings: CONVERSELY, if YOUR portfolio VALUE has TEMPORARILY surged AT the ASSESSMENT point, you’D pay a SLIGHTLY higher DOLLAR custody FEE for THAT specific PERIOD; how THIS calculator HANDLES this: this CALCULATOR uses a SINGLE, CONSISTENT assumed GROSS annual RETURN rate THROUGHOUT the ENTIRE projection, WHICH provides a SMOOTH, AVERAGE-case PROJECTION rather THAN modelling YEAR-to-year MARKET volatility EXPLICITLY — in PRACTICE, your ACTUAL custody FEE in ANY specific YEAR may BE somewhat HIGHER or LOWER than THIS calculator’S smooth PROJECTION suggests, DEPENDING on ACTUAL market CONDITIONS at EACH specific ASSESSMENT date, BUT over THE FULL multi-year HORIZON, the TOTAL cumulative CUSTODY cost SHOULD reasonably APPROXIMATE this CALCULATOR’S projection, SINCE volatility EFFECTS tend TO partially OFFSET each OTHER over LONGER time PERIODS (some YEARS slightly HIGHER, some SLIGHTLY lower, AVERAGING out TOWARD the SMOOTH projected TRAJECTORY this CALCULATOR models).

Custody FEE priority BY portfolio SIZE — Singapore INVESTORS 2026: GIVEN that PERCENTAGE-based custody FEES scale WITH your PORTFOLIO value, the ABSOLUTE dollar IMPACT is NATURALLY smaller FOR a SMALL, starter PORTFOLIO and GROWS as YOUR portfolio EXPANDS over TIME — but THIS doesn’t MEAN custody FEE comparison should BE ignored EARLY on: why EARLY comparison STILL matters: PLATFORM choice IS often a RELATIVELY “STICKY” decision — ONCE you’VE built SUBSTANTIAL trading HISTORY, holdings, AND familiarity WITH a SPECIFIC platform’S interface, SWITCHING becomes MORE effortful (even THOUGH, as DISCUSSED in THE companion P205 CALCULATOR’S FAQ section, Singapore’S favourable TAX environment MAKES switching LESS costly THAN in SOME other JURISDICTIONS) — CHOOSING a PLATFORM with FAVOURABLE custody FEE terms (INCLUDING a REASONABLE cap, AS discussed IN Example 2) FROM the START avoids HAVING to RECONSIDER this DECISION later WHEN your PORTFOLIO has GROWN substantially AND the DOLLAR stakes ARE higher; the COMPOUNDING growth TRAJECTORY: as DEMONSTRATED throughout THIS calculator’S examples, EVEN a MODEST percentage-BASED custody FEE becomes INCREASINGLY significant IN absolute DOLLAR terms AS your PORTFOLIO compounds OVER a LONG investment HORIZON — a YOUNG investor WITH a SMALL starter PORTFOLIO today BUT a LONG remaining INVESTMENT horizon HAS particularly STRONG reason TO prioritise LOW (or ZERO) custody FEE structures FROM the OUTSET, SINCE this CHOICE will COMPOUND in IMPORTANCE as THEIR portfolio GROWS over DECADES; the PRACTICAL recommendation: REGARDLESS of YOUR current PORTFOLIO size, INCORPORATE custody FEE comparison (ALONGSIDE brokerage COMMISSION and ANY other RELEVANT fee FACTORS) into YOUR initial PLATFORM selection PROCESS — this PROACTIVE approach AVOIDS the NEED for A potentially MORE disruptive PLATFORM switch LATER once YOUR portfolio HAS grown SUBSTANTIAL enough THAT the CUSTODY fee’S dollar IMPACT becomes CLEARLY noticeable.

Custody FEES and SINGAPORE tax IMPLICATIONS 2026: SIMILAR to THE general TREATMENT of OTHER investment-RELATED transaction COSTS discussed IN the COMPANION P206 CALCULATOR’S FAQ section, custody FEES are GENERALLY treated AS a cost THAT reduces YOUR effective INVESTMENT return RATHER than a SEPARATELY taxable OR tax-DEDUCTIBLE item FOR most INDIVIDUAL, non-TRADING Singapore TAX residents: for MOST individual INVESTORS: Singapore’S general ABSENCE of CAPITAL gains TAX for INDIVIDUAL investment ACTIVITIES means CUSTODY fees, LIKE other ONGOING investment COSTS (brokerage COMMISSION, fund EXPENSE ratios, FX spreads), are TYPICALLY simply ABSORBED as PART of your OVERALL investment COST structure, RATHER than CREATING a SEPARATE tax REPORTING or DEDUCTION consideration; for THOSE classified AS engaging IN a TRADE or BUSINESS of INVESTING (a SPECIFIC determination BASED on TRADING frequency, INTENT, and SCALE, rather THAN a DEFAULT classification FOR typical RETAIL investors): different TAX treatment MAY potentially APPLY, where CUSTODY fees and OTHER investment-RELATED costs COULD potentially BE treated as DEDUCTIBLE business EXPENSES — this SPECIFIC scenario REQUIRES individualised TAX guidance, AS it DEPENDS heavily ON your SPECIFIC activity PATTERN and HOW IRAS CLASSIFIES your INVESTMENT activity; general RECOMMENDATION: for MOST typical SINGAPORE retail INVESTORS using THIS calculator FOR standard LONG-term investment PLANNING, custody FEES should BE understood PRIMARILY as AN investment-RETURN-reducing FACTOR (as THIS calculator QUANTIFIES), rather THAN a SEPARATE tax CONSIDERATION — consult A qualified SINGAPORE tax ADVISOR if you HAVE any UNCERTAINTY about HOW your SPECIFIC investment ACTIVITY pattern MIGHT be CLASSIFIED for TAX purposes, SIMILAR to the GUIDANCE provided IN the COMPANION P206 calculator’S TAX-related FAQ.

Finding ACCURATE, current CUSTODY fee INFORMATION — Singapore brokers 2026: FOLLOWING a SIMILAR research METHODOLOGY to OTHER fee TYPES discussed THROUGHOUT this CALCULATOR series: step 1 — CHECK the BROKER’S official FEE schedule DOCUMENT: look BEYOND the HEADLINE commission PAGE specifically FOR sections LABELLED “custody FEE,” “safekeeping FEE,” “platform FEE,” “account MAINTENANCE fee,” OR similar TERMINOLOGY, OFTEN found IN a SEPARATE “Fees AND Charges” or “TERMS and CONDITIONS” document RATHER than THE main MARKETING pricing PAGE; step 2 — IDENTIFY the EXACT fee STRUCTURE: note WHETHER it’S a PERCENTAGE of AUM, A flat ANNUAL amount, OR a COMBINATION, AND specifically CHECK for ANY minimum OR maximum (CAP) amounts THAT apply; step 3 — CHECK for CONDITIONS or WAIVERS: some BROKERS waive CUSTODY fees FOR accounts ABOVE a CERTAIN balance THRESHOLD, or FOR accounts MEETING specific TRADING activity REQUIREMENTS — verify WHETHER you’D qualify FOR any SUCH waiver BASED on your EXPECTED account BALANCE and TRADING pattern; step 4 — CONTACT customer SERVICE if UNCLEAR: if the PUBLISHED information IS ambiguous OR doesn’t CLEARLY address YOUR specific SITUATION (e.g., a SPECIFIC account TYPE, CPFIS/SRS-funded ACCOUNT, or A specific BALANCE tier), contact THE broker’S customer SERVICE directly FOR explicit CLARIFICATION before FINALISING your COMPARISON and MAKING an ACCOUNT opening DECISION based PARTLY on THIS specific COST factor, ENSURING the FIGURES you ENTER into THIS calculator ACCURATELY reflect YOUR specific, REAL-WORLD situation RATHER than a GENERAL or POTENTIALLY outdated ASSUMPTION.

Account CONSOLIDATION and CUSTODY fee IMPACT — Singapore 2026: this DEPENDS heavily ON the SPECIFIC custody FEE structure, PARTICULARLY whether IT has a CAP and HOW any MINIMUM fee APPLIES: when CONSOLIDATION HELPS (CAPPED structures): if YOUR custody FEE has an ANNUAL cap (AS discussed IN Example 2), CONSOLIDATING multiple SMALLER accounts (EACH potentially BELOW the CAP threshold INDIVIDUALLY) into ONE larger ACCOUNT could MEAN you HIT the CAP sooner, POTENTIALLY resulting IN a LOWER combined TOTAL fee THAN if EACH smaller ACCOUNT separately PAID its OWN percentage-BASED fee BELOW the CAP threshold; when CONSOLIDATION helps (MINIMUM fee STRUCTURES): if A platform CHARGES a MINIMUM annual FEE regardless OF small portfolio SIZE, holding MULTIPLE small, SEPARATE accounts (EACH potentially TRIGGERING its OWN minimum FEE) at THE same PLATFORM could MEAN paying THE minimum fee MULTIPLE times — CONSOLIDATING into ONE account MIGHT mean PAYING the MINIMUM fee ONLY once, POTENTIALLY reducing YOUR total COST; when CONSOLIDATION DOESN’T meaningfully HELP (simple PERCENTAGE, no CAP or MINIMUM): if THE custody fee IS a SIMPLE percentage WITHOUT a CAP OR minimum, THE total FEE on A consolidated ACCOUNT should BE mathematically EQUIVALENT to THE sum OF fees on SEPARATE smaller ACCOUNTS of THE same COMBINED total VALUE (since PERCENTAGE × combined VALUE equals THE sum OF percentage × EACH individual VALUE); how TO use THIS calculator FOR this DECISION: model YOUR current SEPARATE account STRUCTURE (if APPLICABLE) against A hypothetical CONSOLIDATED single-ACCOUNT scenario USING the SAME total PORTFOLIO value, SPECIFICALLY checking WHETHER any CAP or MINIMUM fee FEATURE in YOUR specific PLATFORM’S structure WOULD make CONSOLIDATION financially BENEFICIAL for YOUR particular SITUATION.

Modelling a PLANNED large WITHDRAWAL — custody FEE tracker LIMITATION 2026: this CALCULATOR assumes a CONSISTENTLY growing PORTFOLIO (via CONTRIBUTIONS and GROSS returns) THROUGHOUT your ENTIRE investment HORIZON — it DOES NOT directly SUPPORT modelling a SPECIFIC, planned LARGE withdrawal PARTWAY through THE projection PERIOD; workaround FOR this SCENARIO: run THE calculator IN TWO separate STAGES, SIMILAR to THE approach DISCUSSED in THE companion P201 SRS WITHDRAWAL planner’S FAQ SECTION: stage 1 — MODEL years 1 THROUGH your PLANNED withdrawal POINT, using YOUR actual CONTRIBUTION pattern, and NOTE the RESULTING final BALANCE for EACH platform AT that POINT; stage 2 — RUN the CALCULATOR again, USING each PLATFORM’S stage-1 FINAL balance MINUS your PLANNED withdrawal amount AS the NEW “Current PORTFOLIO Value” input, WITH your REMAINING years AS the NEW horizon, TO model the CONTINUED custody FEE impact ON the REDUCED, post-WITHDRAWAL balance; why THIS matters FOR custody FEE accuracy SPECIFICALLY: since PERCENTAGE-based custody FEES scale WITH portfolio VALUE, a SIGNIFICANT withdrawal REDUCES your FEE base GOING forward — THIS two-STAGE approach CAPTURES this REDUCTION accurately, RATHER than the SINGLE-stage calculation ASSUMING continuous, UNINTERRUPTED growth THROUGHOUT the ENTIRE horizon, WHICH would OVERSTATE your TRUE custody FEE burden IF a SUBSTANTIAL withdrawal IS genuinely PLANNED partway THROUGH your INVESTMENT journey.

Custody FEES across DIFFERENT asset CLASSES — Singapore 2026: custody FEE structures CAN vary BASED on the SPECIFIC asset CLASS being HELD, since DIFFERENT securities MAY have DIFFERENT custody, SETTLEMENT, and ADMINISTRATIVE requirements: STOCKS and ETFs (the MOST common FOCUS of THIS calculator SERIES): typically the MOST straightforward asset CLASS for CUSTODY fee PURPOSES, with the FEE structures DISCUSSED throughout THIS article GENERALLY applicable; BONDS: some PLATFORMS may APPLY a DIFFERENT (sometimes HIGHER) custody FEE structure SPECIFICALLY for BOND holdings, GIVEN potentially MORE complex SETTLEMENT and SAFEKEEPING requirements FOR certain BOND types, PARTICULARLY for INDIVIDUAL bonds (AS opposed TO bond ETFs, WHICH typically FOLLOW standard ETF CUSTODY treatment); STRUCTURED products OR alternative ASSETS: more COMPLEX or SPECIALISED investment PRODUCTS may CARRY their OWN distinct CUSTODY or ADMINISTRATIVE fee STRUCTURES, often HIGHER than STANDARD equity/ETF custody ARRANGEMENTS, reflecting THE additional COMPLEXITY of HOLDING and ADMINISTERING these PRODUCTS; how TO use this CALCULATOR for A MIXED-asset PORTFOLIO: if YOUR portfolio SPANS multiple ASSET classes WITH potentially DIFFERENT custody FEE treatment AT a SPECIFIC platform, CONSIDER calculating A BLENDED, WEIGHTED-average custody FEE rate BASED on YOUR target ASSET allocation ACROSS these DIFFERENT categories, SIMILAR to the BLENDING methodology DISCUSSED for TIERED brokerage AND fund FEES in THE companion P203 and P205 CALCULATORS, rather THAN assuming a SINGLE, uniform CUSTODY rate APPLIES equally ACROSS your ENTIRE diversified PORTFOLIO regardless OF the SPECIFIC asset TYPES held.

Negotiating OR waiving CUSTODY fees FOR substantial PORTFOLIOS — Singapore 2026: SIMILAR to the NEGOTIATION possibilities DISCUSSED for FX rates IN the COMPANION P206 CALCULATOR’S FAQ section, SOME flexibility MAY exist FOR substantial PORTFOLIOS, THOUGH this VARIES by PLATFORM and CIRCUMSTance: COMMON waiver TRIGGERS: many PLATFORMS that DO charge CUSTODY fees OFFER automatic WAIVERS or REDUCTIONS for ACCOUNTS exceeding A specific BALANCE threshold (e.g., “CUSTODY fee waived FOR accounts ABOVE S$X”) — ALWAYS check WHETHER your EXPECTED or ACTUAL portfolio VALUE would QUALIFY for ANY such PUBLISHED waiver TIER at YOUR specific PLATFORM; RELATIONSHIP-based negotiation: for VERY substantial PORTFOLIOS (often SIX figures OR more), CONTACTING your PLATFORM’S relationship MANAGEMENT or PRIORITY banking/INVESTMENT services TEAM directly MAY reveal ADDITIONAL negotiation OPPORTUNITIES not PUBLICLY advertised, PARTICULARLY at TRADITIONAL banks WITH tiered RELATIONSHIP banking PROGRAMS; how TO incorporate THIS into YOUR calculator INPUTS: if YOU’VE identified A specific BALANCE threshold AT which YOUR custody FEE would BE waived OR reduced, you CAN model THIS using THE “Cap” field CREATIVELY — FOR example, IF custody is WAIVED entirely ABOVE S$200,000, you COULD set A relatively LOW cap (REPRESENTING the MAXIMUM fee you’D pay BEFORE reaching THE waiver THRESHOLD) to APPROXIMATE this STEP-DOWN structure, THOUGH this CALCULATOR’S simple CAP mechanism DOESN’T perfectly CAPTURE a COMPLETE “fee TO zero ABOVE threshold X” STRUCTURE — for THE most PRECISE modelling of SUCH tiered WAIVER structures, CONSIDER running SEPARATE calculations FOR your PORTFOLIO value BEFORE and AFTER crossing THE specific WAIVER threshold, SIMILAR to the MULTI-STAGE approach DISCUSSED in ANOTHER FAQ for PLANNED withdrawals.