A subscription fee is charged on a subscription (purchase) for fund units and a redemption fee on a redemption (sale) of fund units.

Each fund pays the fund management company a management fee, which covers such fund management costs as value calculation, accounting and reporting.

The amount of the management fee is given as an annual fee. The management fee is deducted in the calculation of the daily net asset value per fund unit, and is thus not charged separately. The fee includes a custody fee for fund units.

You can view the fees for each fund in the Funds Now service