Fractional shares are portions or slices of a companys stock that are smaller than a whole share. They allow investors to buy a fraction of a share of a companys stock, which can be more affordable than buying a whole share. Fractional shares can be purchased for a set dollar cost, and investors can buy shares from up to ten S&P 500 companies for as little as $5 each. Fractional ownership is another type of fractional share, where several unrelated parties can share in the ownership of a high-value tangible asset, such as a jet, yacht, or piece of resort real estate. Fractional ownership is a percentage share of an expensive asset, and shares are sold to individual owners. Typically, a company manages the asset on behalf of the owners, who pay monthly/annual fees for the management plus variable use fees. Fractional shares can be sold just like any other shares of stock, and if shareholders receive a dividend payment, fractional shareholders will receive a payment based on how many shares they own. Fractional shares offer substantial benefits, including the ability to invest in a wider pool of investments, diversify a smaller portfolio, and invest in companies that might otherwise be out of reach.