Fees & Expenses Information

Your investment in DSK Dynamics is associated with the following costs:

1. Transaction expenses – these are directly incurred when investors purchase or redeem units of the fund

  • The Management Company (DSK Asset Management) does not charge fees for the purchase and redemption of units of the Fund.
  • Upon purchase and redemption of units, the Distributor (DSK Bank) charges fees according to its Tariff, as follows: 1.00% upon purchase; 0.50% for periodic multiple purchases under the DSK Investment Plan; 0.00% on redemption.
  • Other expenses that might be applicable in case of depositary receipt issuance or mailing of deal confirmation are accounted for and paid separately according to the DSK Bank’s Tariff

    2. Operating expenses – these are regular and recurring fund-wide operating expenses, which are paid out of the fund assets and are, therefore, indirectly incurred by the investors. The annual fund operating expenses for 2021 are:


     Total operating expenses
    5.17% of the Fund's average annual NAV
    Remuneration of the management company*
    4.83% of the Fund's average annual NAV
    Other operating expenses***   0.34% of the Fund's average annual NAV   

     

    The presented data are based on the expenses data from the last financial year, ended on 31 December 2021. They may vary for different years.

    * The total remuneration of the Management Company is 4.83% of the average annual net asset value of the Fund, incl. 2.03% asset management fee (2.00% of the average annual net asset value of the Fund before charging the Success fee) and 2.80% Success fee, calculated as 20.00% of the realized return of the Fund exceeding the yield of the Reference index.
    ** "Other operating expenses" includes other operating expenses at the Fund's expense such as the Depository remuneration; remunerations and fees of investment intermediaries, banks, regulated markets, the Central Depository and the like, related to the investment of the Mutual Fund's assets.

    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 Investor 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.