Fractional shares are a type of instrument which enables you to invest in parts or fractions of an asset that is less than a whole share. For example, you are able to invest in half a share of Meta as opposed to a whole share, meaning your exposure is 50% of a typical share. Thereby you are making an investment in a fraction of a share (i.e. half or 0.5). Importantly, we classify fractional shares in much the same way as a whole share, meaning you have a fiduciary right to some of the same benefits as a whole share ownership such as dividends.
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