You don't pay any fees to Versa. However, there are 0.30% per annum management fees and 0.05% per annum trustee fees.
These fees are paid to the fund manager, Affin Hwang Asset Management and they will be deducted from the fund return as shown below:
- Projected return per annum (before deduction): 2.85%
- Management fee per annum: 0.30%
- Trustee fee per annum: 0.05%
Net returns received per annum: 2.85% - 0.30% - 0.05% = 2.5%
*Net returns here may fluctuate based on the fund performance. Currently, projected net return is 2.5%