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I am looking for any options to invest small amounts each month/quarter without commissions eating me up.

As a U.S. resident and investing in a Mutual Fund, this is no problem. AIP programs Non U.S. residents (like me), are not allowed to invest in Mutual Funds at least directly without a broker account (the ones that allow this require minimum capital of 100 k)

My "work around" this far was to open a broker account, 1. bank transfer commissions 2. convert currency in dollars (forex commissions) 3. buy an ETF (commissions again)

Are there any publicly traded Mutual Funds? Is there any way to invest small amounts frequently without so many commissions?

I am E.U. resident if this helps.

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    Did you check what brokers in your country provide access to the US market and what their terms are?
    – littleadv
    Commented Jan 3, 2015 at 21:27
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    Please tag this with a specific country trash. It's surprising hours many Europeans think the rules are similar regardless of which country they live in.
    – Eric
    Commented Aug 2, 2015 at 11:33
  • Voting to close as unclear what the real question is...
    – keshlam
    Commented Dec 24, 2016 at 15:23

1 Answer 1

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Are there any non publicly traded mutual funds? and why do you want to invest direct in the USA you know you will have to deal with the IRS as well as your own tax body?

One solution would be to invest in shares in investment companies (investment trusts)either in the USA or in the Eu

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  • why do you want to invest direct in the USA? In my country 'SEC' is pretty lose and i do not trust earning reports from companies etc. There was a big crush 10+ years ago and never recovered. Why not in a E.U. etf? well as amateur investor i have more trust to U.S. market return wise in the long term
    – blended
    Commented Jan 3, 2015 at 20:40
  • i was very concerned about double taxation, but i have been told that capital gains are taxed at the source i.e. U.S., hopefully this is true:D
    – blended
    Commented Jan 3, 2015 at 20:41
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    @blended this is not true.
    – littleadv
    Commented Jan 3, 2015 at 21:26
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    I'm not sure why you think that there are no publicly traded mutual funds, or that investment trusts and mutual funds are not one and the same...
    – littleadv
    Commented Jan 3, 2015 at 21:28
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    @Pepone investment trust and mutual fund are different names for the same thing. IT is the UK term, MF is the US term, but essentially they mean the same things. Open-ended/close-ended, good customer support or not - that's not what defines whether it is an investment trust or not.
    – littleadv
    Commented Jan 4, 2015 at 1:46

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