ANNEX II
PRESENTATION OF CHARGES
The charges shall be presented in a table structured in the following way:
One-off charges taken before or after you invest | |
Entry charge Exit charge | [] % [] % |
This is the maximum that might be taken out of your money [before it is invested] [before the proceeds of your investment are paid out] | |
Charges taken from the fund over a year | |
Ongoing charge | [] % |
Charges taken from the fund under certain specific conditions | |
Performance fee | [] % a year of any returns the fund achieves above the benchmark for these fees, the [insert name of benchmark] |
— | A percentage amount shall be indicated for each of these charges. |
— | In the case of a performance fee, the amount charged in the fund’s last financial year shall be included as a percentage figure. |