Fund-Level fees are imposed by our fund manager partners and can encompass various costs such as audit fees, trustee fees, and management fees.
These fees have already been taken into account and are reflected in the Net Asset Value (NAV), or the unit price, of the fund.
For example, if you invest RM100 in any of Versa's Invest funds, the RM100 already includes the Fund-Level fees.
*Invest is subjected to fund-level fees of 0.6% ~ 0.76% per annum.
It's important to note that these Fund-Level fees only apply to our Versa Invest Portfolio at this time.