Knowledge Base

← Explain the different fees and commissions related to financial services: brokerage, custody, subscription, redemption, management fees, and performance fees

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What are the impacts of ESMA guidelines on performance commissions?

What are the impacts of ESMA guidelines on performance commissions?

Minimum reference period of five years

Crystallization frequency of at most once per year

Calculation net of all other fees

Total prohibition of performance commissions