of the total annual net return (*)
- 0.60% of total investment p.a.
The management fee is calculated solely on December 31st. The
administration fee is calculated quarterly pro rata temporis.
All fees are calculated based on the market value of securities
held in portfolio.
(*) The total annual net return corresponds
to the total gross annual return less non-performance relevant
contributions and withdrawals, less custody fees, less administration
and transaction fees (brokerage), less the 6-month LIBOR (London
Interbank Offered Rate) based on the portfolio’s reference
Fees and Charges of the Deposit Banks