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Is a CALIA+ Margin Loan considered a sub-account and does it count towards the additional sub-account fee?

April 26, 2017additional calia+ fee loan margin sub-account

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Is a CALIA+ Margin Loan considered a sub-account and does it count towards the additional sub-account fee?

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Yes. A CALIA+ Margin Loan is considered a CALIA+ sub-account and is included in the determination of any additional sub-account fee. The first three sub-accounts do not attract this fee, however each additional sub-account will be charged a monthly $8 additional sub-account fee.