AQUA and mFund fee schedules
Effective as of 1 July 2018
Initial fees
| $14,500 per new AQUA Product Issuer |
| $5,000 per new AQUA Product Series |
| $500 per new set up of 3 letter code/UIC |
| $310 for each new financial product held in CHESS and approved by ASX settlement |
Annual fees
Value of the quoted units of AQUA traded products per Investment Manager that are held on CHESS.
*Basis points fee based on number of funds and FUM
| Schedule for 1 - 4 Funds (per fund) | |
| Funds Under Management (FUM) | Annual FUM Fee |
| Up to $100m | 3.18 bps of FUM <$100m |
| $100m to $500m | $31,800 + 2.27bps of FUM >$100m |
| $500m to $1,000m | $122,600 + 1.82bps of FUM > $500m |
| $1,000m to $2,000m | $213,600 + 1.36bps of FUM > $1,000m |
| Over $2,000m | $349,600 + 0.68bps of FUM > $2,000m |
| Schedule for 5 - 9 Funds (FUM aggregated) | |
| Funds Under Management (FUM) | Annual FUM Fee |
| Up to $500m | 1.82 bps of FUM under $500m |
| $500m to $1,000m | $91,000 + 1.36bps of FUM >$500m |
| $1,000m to $2,000m | $159,000 + 1.14bps of FUM > $1,000m |
| $2,000m to $5,000m | $273,000 + 0.68bps of FUM > $2,000m |
| Over $5,000m | $477,000 + 0.23bps of FUM > $5,000m |
| Schedule for 10+ Funds (FUM aggregated) | |
| Funds Under Management (FUM) | Annual FUM Fee |
| Up to $1,000m | 1.36 bps of FUM under $1,000m |
| $1,000m to $2,000m | $136,000 + 0.91bps of FUM >$1,000m |
| $2,000m to $5,000m | $227,000 + 0.45bps of FUM > $2,000m |
| $5,000m to $10,000m | $362,000 + 0.23bps of FUM > $5,000m |
| Over $10,000m | $477,000 + 0.09bps of FUM > $10,000m |
* ASX will calculate the Funds Under Management (FUM) as the average FUM on Chess for the quarter.
** All fees are GST exclusive
Structured Product (Traded Market) Fees
Initial fees
| $14,500 per new Structured Product issuer |
| $500 per new Structured Product Series |
Turnover fees
| 10 bps of traded value capped at $10,000 p.a. |
