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That sounded wrong to me, so I looked it up. The $2.50 is the regular fund fee, which is taken right out of the account, while the $10 custodial fee is pre-payable and is per fund held in the account until a balance of $5000 is reached for each fund.

I wrote a post on this some time back. Thought I would reference it, in case it might provide additional help.

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