Document ID: chunk:federal_register_of_legislation:F2024C01249:clause:10_209a:p2
Version: federal_register_of_legislation:F2024C01249
Segment Type: clause
Provision Reference: sch 10 cl 209A (pt 2/2)
Character Range: 2190487–2191302

in the indirect cost ratio.

Investment fees
  An investment fee is a fee that relates to the investment of the assets of a superannuation entity and includes:
 (a) fees in payment for the exercise of care and expertise in the investment of those assets (including performance fees); and
 (b) costs incurred by the trustee [OR the trustees] of the entity that:
 (i) relate to the investment of assets of the entity; and
 (ii) are not otherwise charged as an administration fee, a buy‑sell spread, a switching fee, an activity fee, an advice fee or an insurance fee.

Switching fees
  A switching fee is a fee to recover the costs of switching all or part of a member's interest in the superannuation entity from one class of beneficial interest in the entity to another.

Division 5—Example of annual fees and costs