Foren in 'Undue Costs'
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Costs should be consistent with the Investment Objective of the Fund and do not prevent to achieve this Objective
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Costs should be linked to a Service provided in the Investor’s Best Interest
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Costs should be proportionate compared to Market Standards and to the Type of Service provided
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Costs should be consistent with the Characteristics of the Fund
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Costs should be sustainable considering the Expected Net Return, the Risk Profile and Investment Strategy
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Costs should ensure Investors’ Equal Treatment
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Costs should not be of material Prejudice to the Interests of any Class of (potential) Unitholders
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Costs should not be duplicated
e.g.: the same type of fee is not included in two different cost categories
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Costs should be properly separated and accounted for
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Costs should be clearly disclosed to Investors
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Undue Costs
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