Fees & Expenses Information
Your investment in DSK Horizon 2040 may be associated with the following costs:
1. "Transaction expenses" – expenses that you bear directly in the purchase and redemption of the Fund's units. The Management Company (DSK Asset Management) does not deduct fees for the purchase and redemption of units.
At purchase and redemption of units, the Distributor (DSK Bank) charges fees according to its Tariff, as follows: 1.50% upon purchase; 0.75% for periodic multiple purchases under the DSK Investment Plan; 0.00% on redemption.
Any additional costs, such as issuing a depository receipt and receiving documents by mail, shall be paid in accordance with the DSK Bank Tariff.
2. Current fees – these are regular and recurring fund-wide current expenses, which are paid out of the fund assets and are, therefore, indirectly incurred by the investors. These costs are reflected in the Net Asset Value per unit:
The annual fund operating expenses for 2022 are*:
|Fund's annual operating expenses||As a % of the fund's annual average NAV|
* The presented data are based on the expenses data from the last financial year, ended on 31 December 2022. They may vary for different years.
Investors should have in mind that the value of the funds’ units and the income from them may decrease, the profit is not guaranteed and they take up the risk of not recovering their investment in full. Before making a final investment decision, it is advisable for investors to familiarize themselves with the Prospectus and the Key Information Document of the respective fund. The documents are in Bulgarian and they are available on the website of DSK Asset Management AD (www.dskam.bg), and upon request can be obtained free of charge on paper at the office of the Management Company or at the offices of the DSK Bank AD, designated as a distribution point, every working day within their working hours.