Costs

 

 

Setup Costs

CHF

License Fee (Fund for Qualified Investors) 200.00
License Fee (Simple Fund) 10,000.00
License Fee (Umbrella Fund) 20,000.00
Setup Fee from 10,000.00
Other Fees approx. 5,000.00

 

Recurring Costs

CHF

Auditors' Fee approx. 12,000.00
Supervision Fee (per CHF 100 million) 2,000.00
Cost of Printing Reports variable
Accountant (e.g. Germany) approx. 5,000
Fund Management Fee variable *
Custodian Bank Fee variable *
Transaction Costs (Brokerage) variable +

* The fee depends on the complexity of the fund and the frequency of the net asset value calculation. For purely indicative purposes, the costs are likely to total betwenn 0.2% and 0.5%.

+ Brokerage fees depend on the structure of the fund, the complexity of the investment instruments and the tasks performed by the custodian bank in the processing of orders. 

Status: February 2007