Summary : On average, ~1-2% is being extracted as a hidden fee. If, during a year, you may average over $50,000 in the Cash Transaction Account the impact of an extra 1% fee is over $500/yr. Solution : Find out the least-extracting funds and consider switching; if staying (for other reasons) in a high-extracting fund invest cash in a cash/fixed income ETF instead of leaving it in the Transaction Account; Allocate your cash quickly to suitable investments , don't just leave it sitting in the Transaction Account. Terms : Cash drag, Margin extraction, Inflated fee for service, Float income.