SBI Global Asset Management announced on October 1 that its subsidiary, SBI Asset Management, will establish the "SBI Zero All-Country Index Fund," nicknamed "Zero-Kan," on November 17. The trust fee will be 0.00% annually.
Zero-Kan aims for investment results that track the "MSCI All Country World Index," a representative global equity index. It is a product exclusively for "Kodomo NISA" (Children's NISA), which is scheduled to start in January 2027, and cannot be purchased before the system begins.
A 0% trust fee means that the fund will not deduct fees for asset management companies, distributors, and other operational costs. However, this does not mean costs are entirely zero, as audit fees, trading commission fees, and custody fees for foreign currency-denominated assets, among others, will be incurred separately.
Simultaneously, the "SBI All-Country Index Fund" for general investors will also be established. This fund will have an annual trust fee of 0.055% and is expected to be eligible for the Growth Investment Quota and the Tsumitate Investment Quota.
