# Appendix O
#### Portfolio Charges

##### Z SHARES:
| Portfolio | Initial Sales Charge as a % of the amount invested | Exchange Fee |
| --- | --- | --- |
| Each Portfolio listed below | 5.00% | Maximum 0.75% |

Sales charges are maximums, which distributors or sub-distributors are allowed to waive in whole or in part, depending on the size of the subscription or upon local market considerations.
| Portfolio Type | Name of Portfolio | Asset Management Fee | Operating Expenses | Base Currency |
| --- | --- | --- | --- | --- |
| Bond Portfolios |
| European Social Bond | 0.30% | 0.15% | Euro |
| European Strategic Bond | 0.40% | 0.25% | Euro |
| Global Corporate Bond | 0.40% | 0.20% | US$ |
| European Corporate Bond | 0.40% | 0.30% | Euro |
| European High Yield Bond | 0.60% | 0.30% | Euro |
| European Short-Term High Yield Bond | 0.40% | 0.15% | Euro |
| Emerging Market Corporate Bonds | 0.60% | 0.30% | US$ |
| Emerging Market Debt | 0.60% | 0.30% | US$ |
| Global Emerging Market Short-Term Bonds | 0.60% | 0.30% | US$ |
| US High Yield Bond | 0.60% | 0.30% | US$ |
| Flexible Asian Bond | 0.40% | 0.25% | US$ |
| Asset Allocation Portfolios |
| Euro Dynamic Real Return | 0.75% | 0.30% | Euro |
| Global Dynamic Real Return | 0.75% | 0.25% | US$ |
| Global Multi Asset Income | 0.75% | 0.30% | US$ |
| Equity Portfolios |
| Emerging Market ESG Equities | 0.75% | 0.30% | US$ |
| Global Focus | 0.75% | 0.30% | US$ |
| Global Emerging Market Equities | 0.75% | 0.30% | US$ |
| Global Equity Income | 0.75% | 0.30% | US$ |
| Global Select | 0.75% | 0.30% | US$ |
| Global Smaller Companies | 0.75% | 0.30% | Euro |
| American | 0.75% | 0.25% | US$ |
| American Smaller Companies | 0.75% | 0.30% | US$ |
| Asia Equities | 0.75% | 0.30% | US$ |
| Asia Contrarian Equity | 0.75% | 0.30% | US$ |
| American Select | 0.75% | 0.35% | US$ |
| US Contrarian Core Equities | 0.75% | 0.35% | US$ |
| US Disciplined Core Equities | 0.30% | 0.15% | US$ |
| European Smaller Companies | 0.75% | 0.35% | Euro |
| Pan European ESG Equities | 0.75% | 0.25% | Euro |
| Pan European Focus | 0.75% | 0.30% | Euro |
| Pan European Equity Dividend | 0.75% | 0.30% | Euro |
| Pan European Small Cap Opportunities | 0.75% | 0.35% | Euro |
| Pan European Smaller Companies | 0.75% | 0.35% | Euro |
| European Select | 0.75% | 0.30% | Euro |
| Asian Equity Income | 0.75% | 0.30% | US$ |
| Global Technology | 0.85% | 0.30% | US$ |
| UK Equities | 0.75% | 0.30% | GBP |
| UK Equity Income | 0.75% | 0.30% | GBP |
| STANLIB Africa Equity | 1.25% | 0.35% | US$ |

| Portfolio Type | Name of Portfolio | Asset Management Fee | Operating Expenses | Base Currency |
| --- | --- | --- | --- | --- |
| Extended Alpha Portfolios |
| American Extended Alpha | 0.75% | 0.30% | US$ |
| Global Extended Alpha | 0.75% | 0.30% | US$ |
| Absolute Return Portfolios |
| American Absolute Alpha | 0.75% | 0.30% | US$ |
| Credit Opportunities | 0.55% | 0.25% | Euro |
| Global Investment Grade Credit Opportunities | 0.45% | 0.25% | Euro |
| Pan European Absolute Alpha | 0.75% | 0.30% | Euro |
| Specialist Portfolio |
| Enhanced Commodities | 0.75% | 0.30% | US$ |

Translation (ENDE, 2021-03-31):
# Anhang O
#### Portfolio-Gebühren
- 
##### NTEILE:

| Portfolio | Ausgabeaufschlag in % des Anlagebetrages | Umtauschgebühr |
| --- | --- | --- |
| Jedes der nachstehend aufgeführten Portfolios | 5,00 % | maximal 0,75 % |

Bei den angegebenen Ausgabeaufschlägen handelt es sich um Höchstsätze, auf die die Vertriebsgesellschaften oder die Untervertriebsgesellschaften in Abhängigkeit von dem jeweiligen Zeichnungsbetrag bzw. angesichts örtlicher Marktgegebenheiten ganz oder teilweise verzichten können.
| Portfolio Typ | Name des Portfolio | Anlage- verwaltungsgebühr | Betriebskosten | Basiswährung |
| --- | --- | --- | --- | --- |
| Bond Portfolios |
| European Social Bond | 0,30 % | 0,15 % | Euro |
| European Strategic Bond | 0,40 % | 0,25 % | Euro |
| Global Corporate Bond | 0,40 % | 0,20 % | USD |
| European Corporate Bond | 0,40 % | 0,30 % | Euro |
| European High Yield Bond | 0,60 % | 0,30 % | Euro |
| European Short-Term High Yield Bond | 0,40 % | 0,15 % | Euro |
| Emerging Market Corporate Bonds | 0,60 % | 0,30 % | USD |
| Emerging Market Debt | 0,60 % | 0,30 % | USD |
| Global Emerging Market Short-Term Bonds | 0,60 % | 0,30 % | USD |
| US High Yield Bond | 0,60 % | 0,30 % | USD |
| Flexible Asian Bond | 0,40 % | 0,25 % | USD |
| Asset Allocation Portfolios |
| Euro Dynamic Real Return | 0,75 % | 0,30 % | Euro |
| Global Dynamic Real Return | 0,75 % | 0,25 % | USD |
| Global Multi Asset Income | 0,75 % | 0,30 % | USD |
| Equity Portfolios |
| Emerging Market ESG Equities | 0,75 % | 0,30 % | USD |
| Global Focus | 0,75 % | 0,30 % | USD |
| Global Emerging Market Equities | 0,75 % | 0,30 % | USD |
| Global Equity Income | 0,75 % | 0,30 % | USD |
| Global Select | 0,75 % | 0,30 % | USD |
| Global Smaller Companies | 0,75 % | 0,30 % | Euro |
| American | 0,75 % | 0,25 % | USD |
| American Smaller Companies | 0,75 % | 0,25 % | USD |
| Asia Equities | 0,75 % | 0,30 % | USD |
| Asia Contrarian Equity | 0,75 % | 0,30 % | USD |
| American Select | 0,75 % | 0,35 % | USD |
| US Contrarian Core Equities | 0,75 % | 0,35 % | USD |
| US Disciplined Core Equities | 0,30 % | 0,15 % | USD |
| European Smaller Companies | 0,75 % | 0,35 % | Euro |
| Pan European ESG Equities | 0,75 % | 0,25 % | Euro |
| Pan European Focus | 0,75 % | 0,30 % | Euro |
| Pan European Equity Dividend | 0,75 % | 0,30 % | Euro |
| Pan European Small Cap Opportunities | 0,75 % | 0,35 % | Euro |
| Pan European Smaller Companies | 0,75 % | 0,35 % | Euro |
| European Select | 0,75 % | 0,30 % | Euro |
| Asian Equity Income | 0,75 % | 0,30 % | USD |
| Global Technology | 0,85 % | 0,30 % | USD |
| UK Equities | 0,75 % | 0,30 % | GBP |
| UK Equity Income | 0,75 % | 0,30 % | GBP |
| STANLIB Africa Equity | 1,25 % | 0,35 % | USD |

| Portfolio Typ | Name des Portfolio | Anlage- verwaltungsgebühr | Betriebskosten | Basiswährung |
| --- | --- | --- | --- | --- |
| Extended Alpha Portfolios |
| American Extended Alpha | 0,75 % | 0,30 % | USD |
| Global Extended Alpha | 0,75 % | 0,30 % | USD |
| Absolute Return Portfolios |
| American Absolute Alpha | 0,75 % | 0,30 % | USD |
| Credit Opportunities | 0,55 % | 0,25 % | Euro |
| Global Investment Grade Credit Opportunities | 0,45 % | 0,25 % | Euro |
| Pan European Absolute Alpha | 0,75 % | 0,30 % | Euro |
| Specialist Portfolio |
| Enhanced Commodities | 0,75 % | 0,30 % | USD |