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Costs for 1 EUR investing plans?

10 ANTWORTEN

Krügerrand
Mentor
897 Beiträge

If it is already truncated in the beginning (and at every step of the calculation) for 0,001 of a share, you should divide the Investment amount from the 1 EUR by 12,3 cent and not by 12,345 cent. This would then give you 8,009932 truncated to 0,008 shares.

 

This translates to 0,9876 EUR truncated to 0,987 EUR. Adding 1,5% = 0,0147 EUR truncated to 0,014 adding up to 1,001 EUR truncated to 1,00 EUR.

 

Is it at every step of the calculation?