What are my total fees?
Your total fees include percentage-based fees, which will differ based on which investment option you have chosen and is included as part of the unit price calculation. This includes the investment fee, percentage-based administration fee and indirect cost ratios. These are referred to as fees and costs deducted from your investment in your annual member statement. These do not show in your transaction history.
Your total fees also includes a flat administration fee, that is deducted directly from your account on a monthly basis. This is referred to as the fees deducted directly from your account annual member statement.
You can find the total fees for each investment option outlined on the Investments Options page of our website.
A detailed breakdown of the different fees incurred by each of our investment options is available on pages 26- 30 of our Additional Information Booklet.
Please note the flat rate dollar-based administration fee is only charged to members with account balances of over $6000.