Type of fee or cost * | Amount | How and when paid | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Investment fee1 |
| Deducted from investment returns of underlying investments when the unit price is calculated. This fee is not deducted directly from your account | ||||||||||||||||||
Administration fee1 |
| The flat dollar administration fee component is deducted monthly from your account balance. The percentage-based administration fee component is deducted from the assets of the Fund before unit prices are calculated. This fee is not deducted directly from your account. | ||||||||||||||||||
Buy-sell spread |
| Deducted on a transactional basis every time units in an investment option are bought and sold and is reflected in the unit price. | ||||||||||||||||||
Switching fee | Nil | Not applicable | ||||||||||||||||||
Advice Fees | Nil | The Trustee does not permit adviser fees to be deducted from member balances. | ||||||||||||||||||
Other fees and costs2 | The amount payable will depend on each member’s personal circumstances. | Please refer to the ‘Additional Explanation of Fees and Costs’ on pages 15-16 of the reference guide. | ||||||||||||||||||
Indirect cost ration1** | Nil | Not applicable |