＜Costs and fees＞
(1) Asset management fee
This is a fee for investment and management. It applies to all investment trusts. A certain percentage of the asset balance is deducted daily during the holding period. Net asset value per unit and returns released to the public are calculated after deducting asset management fee.
(2) Partial redemption charge
This is a fee incurred upon selling. It applies to some investment trusts. When selling an investment trust, the stocks, bonds and the like held in the trust are sold, and the seller bears the costs of such sale.
＊The fee is also charged for some products upon purchase.
(3) Sales charge
This is a charge paid to a distributor upon purchase of an investment trust.
Sales charge does not incur in defined contribution pension plans.
Fees for each investment product can be found in the "Investment Product Lineup" on the AnswerNet.
＜How to find investment product lineup on the AnswerNet＞
Click on the "Product Lineup" on the menu bar at the top of the AnswerNet. You will find images of four documents in the "Product and Investment Information" section. Click on the "Investment Product Lineup" and refer to the PDF file.
It includes information on the investment target, investment style, characteristics and asset management fee of the investment products.