FAQ

• At what rate can I buy or sell?
  
• How much does a transaction cost?
  

  Independently of the size of the order, the transaction costs are:
  

  • Purchase fee: € 9.95
  • Sales fee: € 0.00
  
  Concerning stock exchange taxes:
  Buying SICAV mutual funds is exempt of stock exchange taxes.
  There are no stock exchange taxes either on the sale of “distribution” mutual funds (those that pay a dividend).
  However, the sale of capitalised funds (that do not pay dividends) is subject to a sales tax of 1.10%.

• Do I have to pay custody fees?
  
• How is an order executed?
  
• Until what time can I cancel an order?
  
• What is the minimal value of an order?
  
• Can I work within limits?
  
• What difference is there between a unit and a value order?
  
• What do the terms “level of risk” and “volatility” mean?
  
• What is the “annual management commission”?
  
• What is the return of a fund, and how is it calculated?
  
• What is the “rating” of a fund (notation in a number of crowns)?
  
• There are a number of investment funds that I can’t find on your site!
  
• Do you ever give advice about the choice of funds?
  
• My order is “pending” for a couple of days. How is this possible?
  
• What taxes are due in negotiating funds?