We apply the following anual fees to this service:

  • For balances under €25,000 the management fee will be 0.85% + VAT r (1,03% included VAT).
  • For balances over €25,000 and under €100,000 the management fee will be 0.65% + VAT (0,79% included VAT).
  • For balances over €100,000 and under €500,000 the management fee will be 0.55% + VAT (0,67% included VAT).
  • For balances over €500,000 and under €1,00,000 the management fee will be 0.45% + VAT (0,54% included VAT).
  • For balances over €1,000,000 the management fee will be 0.35% + VAT (0,42% included VAT).

Every month, the fees will be charged from the discretionary management account by the sale of shares in the portfolio's investment funds. These management costs are calculated based on the average daily assets under management.

For example, for an investment of €20,000, the fee would be €17.17 per month (VAT included and commission amount rounded up). Please note that the balance of your investment is automatically readjusted on a regular basis, so fees are also calculated according to the total amount of investment.