KTRADE Is Committed to Earning Your Confidence
At KTRADE, we believe in trust and transparency. We take seriously our promise to fully disclose all our fees. Our recordkeeping fees are among the lowest in the industry. And KTRADE credits all revenue sharing we receive against our fees, further reducing costs to your employees. Our low fees translate into higher net returns and, in turn, higher balances for your employees. Over the lifetime of a retirement plan, that savings can be significant.
We maintain all accounts and perform all transactions on a true share-value basis. That means that the share price of a mutual fund available through KTRADE is the same share price listed in the Wall Street Journal. Some of our competitors trade on a unit value; this is called unitized accounting. The reason given for use of this option is often “ease of administration.” But unitized accounting can be confusing to your employees—and even misleading. With unitized accounting, fees can be easily hidden. At KTRADE, we don’t use unitization of the share price to hide fees.