The survey established the following range for fees as customary, among others:
Investment firms usually charge a consulting fee of €150 to €250 per hour or 0.5% to 1% of the invested assets per annum. Performance-related remuneration per annum stands at around 10% to 20% of the performance achieved over a certain period of time. Usually, there are no product-related brokerage fees; if they are charged, they amount to between 2.6% and 5.25% of the invested total and are charged alternatively to a front-end load.
Issuers of high-risk financial products usually charge a front-end load of between 2% and 5.25% of the purchased volume; medium-risk financial products carry a front-end load of between 1.5% and 5%; low-risk products entail a 1% to 3% load.
Custodian banks levy annual deposit charges of 0.1% to 0.5% of the invested assets; expenses and transaction fees amount to between 0.2% and 0.8% of the transaction total.
The charge ranges published by the FMA are intended as a guideline for customers who wish to purchase investment services. Providers are required to direct their customers’ attention to the FMA publication, although they may also charge fees that vary from the listing.
Journalists may address further enquiries to:
Klaus Grubelnik (FMA Media Spokesperson)
+43/(0)1/24959-6006
+43/(0)676/882 49 516