# Help me understand how your fees and costs might affect my investments? If I give you $1000 to invest, how much will go to fees and costs, and how much will be invested for me?

> We do not charge an asset-based management fee for any funds invested through our automated investment service. However, we do automatically charge a monthly...

Source: https://help.moneylion.com/en_us/help-me-understand-how-your-fees-and-costs-might-affect-my-investments-if-i-give-you-dollar1000-to-invest-how-much-will-go-t235ad520-rJ4n2MCGt

Last updated: 2024-03-10T23:55:35.372Z

We do not charge an asset-based management fee for any funds invested through our automated investment service. However, we do automatically charge a monthly account fee of up to $5\* to every client with an active account as of the final day of each month. The  tiered monthly “Account Fee” is:  
  

*   $1 for accounts valued up to $5k 
    
*   $3 for accounts valued over $5k, up to $25k  
    
*   $5 for accounts valued over $25k  
      
    

Therefore, the overall fees you incur on your managed investment account will depend on how long your account remains active and the value of your account.    
  

In addition to the account level expenses described above, the ETFs in which you invest include embedded expenses that will reduce the ETF’s net asset value. These embedded expenses will reduce the ETF’s performance and will, therefore, reduce the overall performance of your portfolio.  Such fees and expenses may include management fees, custodian fees, brokerage commissions, and legal and accounting fees. MoneyLion does not benefit directly or indirectly from any such fees.  
  

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_Please refer to our_ _[Form ADV](https://moneylion.nyc3.cdn.digitaloceanspaces.com/pdf/form_adv_2021_11_29.pdf)_ _for more information about the direct and indirect fees associated with our services._

_Investment advisory services provided by ML Wealth LLC. Investment Accounts Are Not FDIC Insured • No Bank Guarantee • Investments May Lose Value. For important information and disclosures relating to the MoneyLion Investment Account, see_ _[Investment FAQs](https://help.moneylion.com/categories/managed-investing-BJRt3z0MY)__,_ _[Form ADV Brochure](https://www.moneylion.com/adv)__,_ _and_ _[moneylion.com/investing.](http://moneylion.com/investing.)_ _Accounts are subject to a monthly account fee of $1, $3 (accounts valued over $5,000), or $5 (accounts valued over $25,000)._