When you invest in the fund, the information about the costs of the deposited amount is displayed. In this way, you can always see directly what costs are incurred for your investment.
Basically, the costs are 1.49% management costs, plus 0.2% transaction costs per year. This means in detail:
- Management fees: A small percentage of your invested money is automatically retained each year. The fee allows the fund to be offered, managed and, for example, new sustainable companies to be found. This fee is called the Total Expense Ratio (TER).
- Transaction costs: These costs do not arise because you buy or sell shares. Transaction costs arise in the background of every fund, without you having any influence on them. We just make them transparent. How does it work? The fund is managed by Evergreen and Universal Investment. Its tasks include buying and selling shares of the companies on the stock market. Fees are incurred for these transactions. These are deducted from the total value of the fund, the fund assets. How often Universal Investment buys or sells shares depends on how the fund performs. Therefore, an estimate is made in advance of how high the transaction costs will be per year. The final costs are published in the annual report.
Beyond that, there are no other hidden costs - no custody fees and no issue surcharge.