Table of fees

1. Accumulation principle
The total amount paid and the value of aggregated resources on the registers in a given (sub)fund, on the day that participation units are purchased are taken into account when establishing fee rates, with the exception of UniDolar Pieniężny subfund.

2. Fees for the purchase of participation units:

    2.1. Table of Fees

The sum of payments and values of participation units in register(s) in a given subfund (in PLN)

UniKorona Zrównoważony, UniKorona Akcje,
UniAkcje: Nowa Europa, UniAkcje Sektory Wzrostu, UniAkcje: MiŚ, UniTotal Trend

UniStabilny

Wzrost, UniObligacje Aktywny

    UniBezpieczna Alokacja, UniDolar Pieniężny (PLN)**, UniObligacje Nowa Europa

UniKorona Obligacje

    UniKoronaPieniężny, UniWIBID, UniEURIBOR, UniDolar Pieniężny (USD), UniLokata

    < 5,000

    5,00%

    3,00%

    2,00%

    1,00%

    0,00%

    5,000 - below 10,000

    4,50%

    2,50%

    1,50%

    0,80%

    0,00%

    10,000 - below 25,000

    4,00%

    2,00%

    1,00%

    0,60%

    0,00%

    25,000 - below 50,000

    3,00%

    1,50%

    0,80%

    0,40%

    0,00%

    50,000 - below 100,000

    2,00%

    1,00%

    0,50%

    0,20%

    0,00%

    100,000 - below 500.000

    1,50%

    0,50%

    0,30%

    0,20%

    0,00%

    500,000 - below 1,000,000

    0,75%

    0,30%

    0,20%

    0,10%

    0,00%

    1,000,000 - and above

    0,30%

    0,15%

    0,10%

    0,10%

    0,00%

    *Does not refer to fees in Specialist Investment Programs. The manner and amount of fees connected with participation in the Specialist Investment Program is determined every time by the Participation

    Contract in the Plan.

    ** Fees calculation applies to:

    registers in PLN opened before May 16th, 2011 for conversions to and exchange to UniDolar Pieniężny subfund in PLN,

    registers in PLN opened since May 16th, 2011 for conversions from and exchange from UniDolar Pieniężny subfund in PLN.

3. Fees for opening an account
Union Investment releases persons entering (sub)funds from carrying fees for the opening of a register.

4. The redemption of participation units
Union Investment releases (sub)fund participants from carrying fees for the redemption of units.

5. The conversion of participation units
There is only a variable fee for conversion / exchange. Union Investment releases (sub)fund participants from carrying fixed fees for conversion / exchange.

The amount of the variable fee for conversion / exchange is fixed based on the variable fee rate for conversion / exchange and the base set for the final amount of this rate. The maximum variable fee rate for conversion / exchange is the difference between the rate of the fee for the purchase of participation units, according to the Table of Fees for the (sub)fund in which the participation units are purchased (the target (sub)fund), and the fee rate for the purchase of participation units in the fund where participation units are redeemed (the source (sub)fund), with the stipulation, that this rate is not negative.

The variable fee is collected by Union Investment in the (sub)fund, in which participation units are purchased (the target (sub)fund), from the sum of converted resources. The base for setting the final amount of the fee rate for conversion is the value of participation units possessed by the participant in the source (sub)fund on the pricing day (in case of UniDolar Pieniężny, this refers to the value of participation units possessed by the participant in PLN).

The collection of the variable fee occurs after deducting the due tax.

6. Exemption from fees or a reduction of fees
An exemption from fees or a reduction of its rate can occur in the following events:

  • single or multiple purchases by one buyer of participation units for a sum exceeding 50,000 PLN or the submission of a written declaration for the purchase of units for such a sum in a specified time period,
  • with relation to the Fund Company, stockholders of the Fund Company and dependent subjects from stockholders and in a dominating relation to them, employees of the Fund Company, employees of the transfer agent, employees of the depositary, employees of stockholders of the Fund Company and employees of distributors and co-operative subjects with the Fund Company on the grounds of signed service contracts with them.

In every case an exemption from handling charges or its reduction is decided by the Fund Company.

7. Tax on capital profits

    In relation to the “Law regarding income-tax from natural persons” (consolidated text of Journal of Laws from the year 2000, No. 14 . pos. 176 with later changes), a tax is collected in the amount of 19% from all capital gains.
    In investment funds this tax is collected only in the case of the redemption or conversion of participation units. This tax is shown on the confirmations sent to the participant after the redemption or conversion of participation units is made.

The site has been last updated on: 04.01.2012

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