Hey Moniflower! Are you ready to take your investment game to the next level 😏? Let's talk about the latest thing since sliced bread (or rather, sliced funds?) - fractional shares!
Imagine going to a bakery and being told you can only buy whole cakes. Pretty annoying, isn't it? But what if you could just buy the slice you really want? That's exactly what fractional shares do for your investments!
With fractional shares, you can buy part of a share instead of the whole thing. Imagine you have €125 in your Moniflo account and your favorite fund costs €100 per share. In the past, you would have bought one share and €25 would have just been lying around. Not exactly ideal. But now you can buy 1.25 shares with fractional shares and put all your money to work. Pretty cool, right?
Here at Moniflo, we are pleased to offer fractional shares to help you with your investment goals. Here are the details:
Getting started with fractional shares is as easy as eating cake. Simply log in to your Moniflo account, select a fund and enter the amount you want to invest. Our system will automatically calculate the fraction of shares you receive.
Remember, investing should be fun and accessible for everyone. Fractional shares are just another way we make that a reality for you!
Q: Is there a minimum amount I need to invest in fractional shares?
A: On Moniflo you must buy at least 1 whole share before you can add fractions. After that, there are no limits!
Q: How are fractional shares priced?
A: The price is proportional to the price of the full share. If a fund costs €100 per share, 0.5 shares would cost €50.
Q: Can I sell my fractional shares at any time?
A: Of course you can! You can sell your fractional shares just like whole shares.
Q: Do I get dividends on fractional shares?
A: Yes, you will! If you own 0.5 shares, you will receive 50% of the dividend that a full share would receive.
Q: Are there additional fees for trading fractional shares?
A: Nope! Our standard €0 trading fees apply whether you trade whole or fractional shares.
Open an investment account that allows you to invest in funds that match your values.
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