Update Cardano funds fees #61
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Cardano will add a service fee to the TER of its funds from September 1st this year. A service fee is needed to cover the increased costs of 3rd party service providers such as the custodian, accountant, supervisory board and costs related to regulatory supervision. The service fees: - 0,02% for the Global Equity fund - 0,03% for the Emerging Markets Equity fund
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Thanks @jakedane for pointing this out and providing a pull request to update the data! 👍 |
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Cardano will add a service fee to the TER of its funds from September 1st this year. A service fee is needed to cover the increased costs of 3rd party service providers such as the custodian, accountant, supervisory board and costs related to regulatory supervision.
The service fees:
The announcements for this change: