How are fees calculated?

Fees are obtained from a fund’s Product Disclosure Statements. Where we provide a calculated fee on a certain account balance, this is based on the following components; dollar based administration fee, percentage based administration fee, percentage based investment fee and indirect cost ratio.

E.g. if the account balance is $50,000 and the following fees are charged:

Dollar based administration fee = $78;

Percentage based administration fee = 0.27%;

Investment fee = 0.87%;

Indirect Cost Ratio = 0.30%

Total Fee = 78 + (0.27%*50K) + (0.87%*50K) + (0.30%*50K) = $798

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