One-off entry and exit fees, ongoing management fees, transaction fees
Applicable taxes, brokerage fees, custody fees
Inducements, commissions, insurance premiums
What information must be provided regarding inducements received by distributors?
Their existence only
Their existence, nature, and amount or calculation method if possible
Their exact amount only
Their nature and frequency only
What elements must be included in the cumulative impact of fees on returns under the standardized format?
Absolute amount and percentage of fees
Holding period scenarios based on product type
Fee simulation for a share purchase
Effect of fees on returns over the recommended period
What document must be provided to retail clients before each transaction under Article 24(4) of MiFID II?
An annual statement of costs incurred
A simulation of brokerage fees and applicable taxes
A document detailing inducements received
An itemized breakdown of costs
The AMF recommends that information on inducements be communicated through a separate document from the one presenting the costs borne directly by the client.
True
False
Ex-post reporting must include only the direct fees paid by the client.
True
False
Ex-ante disclosure
Click to see answer
Categorize items by dragging them to the appropriate zones
Items to categorize:
Brokerage fees
Product management fees deducted from the instrument's value