When investing in the Invest funds through Versa, you will not incur any fees from Versa. However, the fund managers will charge the following fees:
| Portfolios | Funds |
Annual Management fee |
Trustee fee |
|
Core portfolio |
Versa Growth |
1.50% p.a |
0.04% p.a |
|
Versa Moderate |
1.50% p.a |
0.04% p.a |
|
|
Versa Growth-i |
1.50% p.a |
0.07% p.a |
|
|
Versa Moderate-i |
1.50% p.a |
0.08% p.a |
|
|
Thematic Portfolios |
Versa REITs |
1.80% p.a |
0.07% p.a |
|
Versa Global-i |
1.80% p.a |
0.05% p.a |
|
|
Versa SGD |
1.50% p.a |
0.08% p.a |
|
|
Versa Gold |
0.30% p.a |
0.03% p.a |
How and when am I charged for the fees associated with using Versa?
You do not need to take any action. All relevant fees will be calculated and accrued daily and paid to the manager on a monthly basis. These fees are calculated based on the NAV of the day the fees are calculated.