Fees and Costs

1. Transaction Costs

  • Purchase/Redemption Costs

2. Annual Operating Costs

  • Remuneration for Management Company;
  • Other Predictable Operating Costs (for Central Depository, Investment Intermediary, Bank).

3. Additional Service Fees

  • Share Transfer;
  • Share Acceptance;
  • Mailing; 
  • Other.

Transaction Costs

Investors wishing to buy shares of Municipal Bank Perspective MF shall pay 0% (zero percent) over the net asset value per share as costs of purchasing shares.
Holders of shares in Municipal Bank Perspective MF shall pay 0.5% (zero point five percent) over the net asset value per share as costs of subsequent redemption.

Annual Operating Costs 

Annual Operating Costs of Fund As Percentage of Annual Average Net Asset Value of Fund
Remuneration for Management Company 2,5% (а)
Other Operating Costs 0,23 % (b)
Total Operating Costs 2,73 %

(*) Other Operating Costs include major predictable operating costs such as the remuneration of the Depository Bank, as a percentage of the average annual net asset value of the Fund, remuneration and fees for investment intermediaries, banks, the Stock Exchange and the Central Depository, and the like, associated with investing the assets of the Mutual Fund, the remuneration of the auditors for certifying the annual financial statements of the Mutual Fund, the advertising and marketing costs of the Fund, for contacting investors, for paying current supervision, membership and other fees due to the Commission, the Stock Exchange, the Central Depository and other state bodies and institutions related to the activities of the Fund, other expenses referred to in the Rules of the Fund, court and other expenses associated with protection of the interests of holders of shares in the Mutual Fund and any other extraordinary expenses related to the Fund’s activities.

Additional Service Fees

Additional Service Fees Fee
Issuance of depository receipts BGN 1.00
Issuance of depository receipt duplicate BGN 4.80
Transfering of shares from sub-account of Management Company to sub-account of holder at investment intermediary (including depository bank or custodian bank) BGN 4.00
Postage when sending confirmations of purchase/redemption of shares and depository receipts BGN 4.00

contact

1000 Sofia, 10 Vrabcha Str.

Tel.: + 359 2 935 65 22
Fax: + 359 2 935 66 15
E-mail: [email protected]