Entry costs: every time a premium is paid into the UPF Moj Steber, the manager charges entry costs according to the pension plan, which may not amount to more than 3% and may be reduced in the collective pension insurance depending on the number of included employees and on the method of provision of data on the paid premiums.
Management fee: calculated based on the average net annual value of the assets of each Sub-Fund of the UPF Moj Steber. For individual Sub-Funds, it is as follows:
- Moj Steber Guaranteed: 1%
- Moj Steber Balanced: 0.90%
- Moj Steber Dynamic: 0.85%
Exit costs: in the event of an extraordinary termination of insurance, the exit costs amount to 1% of the surrender value of the units. If the insured person remains a member of the UPF Moj Steber for at least 150 months, the exit costs are reduced to 0.75% of the surrender value of the units. Upon regular termination, the exit costs amount to 0.5% of the surrender value of the units. If the insured person remains a member of the UPF Moj Steber for more than 180 months, the costs are reduced to 0.35% of the surrender value of the units.
Other costs stated in the applicable KPS Moj steber Management Rules are also deducted from the pension fund's assets.
The total operating costs of the pension fund are calculated in accordance with the methodology set out in ZISDU-3 and are expressed as a percentage of the average annual net asset value of each subfund.
Total operating costs of the sub-fund / Year201820192020 Moj steber Guaranteed1,10%1,12%1,30% Moj steber Balanced0,79%0,84%1,63% Moj steber Dynamic0,78%0,80%1,83%