# Swisscanto (LU)
## Notes on the annual report (continued) as at 31 March 2021

### Note 2: Main accounting policies (cont.)
As at 31 March 2021, Swinging Single Price values were recorded in the following subfunds:
| Swisscanto (LU) Equity Fund Sustainable Emerging Markets | in other assets |
| --- | --- |
| Swisscanto (LU) Portfolio Fund Responsible Dynamic 0-50* | in other assets |

* See note 12
The amounts are reversed on the following day after the capital has been definitively booked.

### Note 3: Subscription tax “Taxe d’abonnement”
In Luxembourg, the fund assets are subject to a quarterly “taxe d'abonnement” of 0.05% p.a. of the net assets for unit classes offered to private investors (A, B and C), and of 0.01% p.a. of the net assets for unit classes offered to institutional investors (D, G, J and N). The fund's income is not taxed in Luxembourg.
Pursuant to Article 175 (a) of the Law of 17 December 2010, the portion of net assets invested in UCITS that are already subject to capital tax is exempt from this tax.

### Note 4: Administrative commission
The fund will be invoiced a fixed administrative commission for management and administration plus the distribution of fund units, to be paid to the Management Company. This commission will be paid monthly, based on the average net fund volume of the respective subfund.
The flat-rate administrative commission comprises the two components of the flat-rate management fee (costs of asset management and sales) and the flat-rate administration fee (costs of management and administration).
As at 31 March 2021 the effective fixed administrative commission amounted to:
| Subfund | Class | FAC (p.a.) | FMF (p.a.) | FAF (p.a.) |
| --- | --- | --- | --- | --- |
| Swisscanto (LU) Equity Fund Sustainable Emerging Markets | AT | 2.00% | 1.55% | 0.45% |
| Swisscanto (LU) Equity Fund Sustainable Emerging Markets | BT | 1.23% | 0.78% | 0.45% |
| Swisscanto (LU) Equity Fund Sustainable Emerging Markets | DT | 0.95% | 0.72% | 0.23% |
| Swisscanto (LU) Equity Fund Sustainable Emerging Markets | GT | 0.80% | 0.57% | 0.23% |
| Swisscanto (LU) Equity Fund Sustainable Emerging Markets | JT | 1.05% | 0.82% | 0.23% |
| Swisscanto (LU) Equity Fund Sustainable Emerging Markets | NT | 0.00% | 0.00% | 0.00% |
| Swisscanto (LU) Equity Fund Sustainable Emerging Markets | MT | 0.00% | 0.00% | 0.00% |
| Swisscanto (LU) Portfolio Fund Responsible Dynamic 0-50* | AT | 1.10% | 0.80% | 0.30% |
| Swisscanto (LU) Portfolio Fund Responsible Dynamic 0-50* | BT | 0.70% | 0.40% | 0.30% |
| Swisscanto (LU) Portfolio Fund Responsible Dynamic 0-50* | DT | 0.55% | 0.40% | 0.15% |
| Swisscanto (LU) Commodity Fund ex-Agriculture & Livestock | ATH CHF | 1.80% | 1.45% | 0.35% |
| Swisscanto (LU) Commodity Fund ex-Agriculture & Livestock | CTH CHF | 0.91% | 0.56% | 0.35% |
| Swisscanto (LU) Commodity Fund ex-Agriculture & Livestock | DAH EUR DTH CHF | 0.90% | 0.72% | 0.18% |
| Swisscanto (LU) Commodity Fund ex-Agriculture & Livestock | GTH CHF | 0.80% | 0.62% | 0.18% |

* See note 12
FAC: flat-rate administrative commission / FMF: flat-rate management fee / FAF: flat-rate administration fee

Translation (ENFR, 2021-03-31):
# Swisscanto (LU)
## Table des matières

### Page
* Voir note 12