Fees for Transactions with mutual funds of KBC Asset Management and other tariff changes
01 February 2024
Dear clients,
We would like to inform you that as of 01.03.2024, changes in the TARIFF OF UBB FOR PRIVATE INDIVIDUALS AND LEGAL ENTITIES, APPLICABLE TO CONTRACTS WITH CUSTOMERS FOR THE PROVISION OF INVESTMENT AND/ OR ADDITIONAL SERVICES, RELATED TO FINANCIAL INSTRUMENTS (the “Tariff”) are coming into force.
A new art. 5 "Transactions with mutual funds (also known as Collective Investment Schemes, abbreviated as CIS) of KBC Asset Management" has been created, introducing different thresholds for subscription and redemption fees for units in collective investment schemes, as detailed in the amended Tariff. The updated Tariff also implements minimum thresholds for bond transactions, described under art. 1.5 and art. 1.6.
You can get acquainted with the Tariff on the official website of UBB here. If you require further information, you can also address your usual contact regarding financial instruments.