No. You do not pay any fees to Versa. However, there are 0.30% per annum management fees and 0.05% per annum trustee fee.
These fees are paid to the fund manager, Affin Hwang Asset Management and they will be deducted from the fund return as shown below.
|
% per annum |
|
|
Approximate Fund returns per annum (Before deduction) |
2.45% |
|
Management fee per annum |
- 0.30% |
|
Trustee fee per annum |
- 0.05% |
|
*Net returns receive per annum |
2.1% |
*Net returns here may fluctuate based on the fund performance. Currently, net returns is between 2.0% and 2.1%