In exchange for the management, trading, and custody of Treasury services, Jiko charges a flat management fee of 5 basis points (0.05%) per month based on the average daily balance of your Treasury Account. This amount will be deducted from your Treasury Account on a monthly basis. If there is insufficient cash in your Treasury Account for the monthly fee amount, Treasury bills will be automatically sold to raise sufficient cash.
Public receives a portion of the total fee as a referral fee. Please see the complete fee schedule here.
For further questions please contact our member support team via in-app chat or email at firstname.lastname@example.org
© Copyright 2023 Public Holdings, Inc. All Rights Reserved.
Free trading refers to $0 commissions for Open to the Public Investing, Inc Financial self-directed individual cash brokerage accounts that trade U.S. listed securities via mobile devices. Relevant SEC & FINRA fees may apply. Please see our Commission and Fee Schedule.
This is not an offer, solicitation of an offer or advice to buy or sell securities, or open a brokerage account in any jurisdiction where Open to the Public Investing, Inc is not registered.
Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value.
All U.S. Treasury investments and investment advisory services provided by Jiko Securities, Inc., a registered broker-dealer, member FINRA and SIPC. Securities in your account are protected up to $500,000. For details, please see www.sipc.org.Banking services provided by Jiko Bank, a division of Mid-Central National Bank.
Jiko Group, Inc. and its affiliates do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. See FINRA BrokerCheck, Jiko U.S. Treasuries Risk Disclosures and Jiko Securities Inc. Form CRS.