Fees
QUERCUS Capital Protection
1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the following:
a) a fixed amount not higher than 1% on an annual basis computed based on the Subfund’s Net Asset Value on a given day,
b) a variable amount not higher than 10% of the increase in the Subfund’s Net Asset Value per participation unit above the reference rate equal to the constant annual value of 0% and not higher than 0.5% p.a. of the Subfund’s Net Asset Value per participation unit on a given day.
2. The maximum Distribution Fee amounts to:
1.5% of the payment made by the participant.
QUERCUS Opportunity
1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the following:
a) a fixed amount not higher than 2.8% on an annual basis computed based on the Subfund’s Net Asset Value on a given day,
b) a variable amount not higher than 10% of the increase in the Subfund’s Net Asset Value per a participation unit above the reference rate equal to the constant annual value of 10% and not higher than 1% p.a. of the Subfund’s Net Asset Value per participation unit on a given day.
2. The maximum Distribution Fee amounts to:
2.8% of the payment made by the participant.
QUERCUS Aggresive
1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the following:
a) a fixed amount not higher than 3.3% on an annual basis computed based on the Subfund’s Net Asset Value on a given day,
b) a variable amount not higher than 20% of the increase in the Subfund’s Net Asset Value per a participation unit above the reference rate equal to the change in the WIG index value and not higher than 0.5% p.a. of the Subfund’s Net Asset Value per participation unit on a given day.
2. The maximum Distribution Fee amounts to:
3.3% of the payment made by the participant.
QUERCUS Balkans and Turkey
1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the following:
a) a fixed amount not higher than 3.3% on an annual basis computed based on the Subfund’s Net Asset Value on a given day,
b) a variable amount not higher than 20% of the increase in the Subfund’s Net Asset Value per a participation unit above the reference rate equal to the change in index value: 50% ISE + 30% ATX + 15% BET + 5% Sofix and not higher than 0.5% p.a. of the Subfund’s Net Asset Value per participation unit on a given day.
2. The maximum Distribution Fee amounts to:
3.3% of the payment made by the participant.
QUERCUS Russia
1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the following:
a) a fixed amount not higher than 3.8% on an annual basis computed based on the Subfund’s Net Asset Value on a given day,
b) a variable amount not higher than 20% of the increase in the Subfund’s Net Asset Value per a participation unit above the reference rate equal to the change in 100% RTS index and not higher than 1% p.a. of the Subfund’s Net Asset Value per participation unit on a given day.
2. The maximum Distribution Fee amounts to:
3.8% of the payment made by the participant.
QUERCUS lev
1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of fixed amount not higher than 3.8% on an annual basis computed based on the Subfund’s Net Asset Value on a given day.
2. The maximum Distribution Fee amounts to:
3.8% of the payment made by the participant.
QUERCUS Gold lev
1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of fixed amount not higher than 3.8% on an annual basis computed based on the Subfund’s Net Asset Value on a given day.
2. The maximum Distribution Fee amounts to:
3.8% of the payment made by the participant.
QUERCUS Oil lev
1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of fixed amount not higher than 3.8% on an annual basis computed based on the Subfund’s Net Asset Value on a given day.
2. The maximum Distribution Fee amounts to:
3.8% of the payment made by the participant.
QUERCUS Wheat lev
1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of fixed amount not higher than 3.8% on an annual basis computed based on the Subfund’s Net Asset Value on a given day.
2. The maximum Distribution Fee amounts to:
3.8% of the payment made by the participant.
QUERCUS short
1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the fixed amount not higher than 3.8% on an annual basis computed based on the Subfund’s Net Asset Value on a given day.
2. The maximum Distribution Fee amounts to:
3.8% of the payment made by the participant.
QUERCUS Gold short
1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of fixed amount not higher than 3.8% on an annual basis computed based on the Subfund’s Net Asset Value on a given day.
2. The maximum Distribution Fee amounts to:
3.8% of the payment made by the participant.
QUERCUS Oil short
1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of fixed amount not higher than 3.8% on an annual basis computed based on the Subfund’s Net Asset Value on a given day.
2. The maximum Distribution Fee amounts to:
3.8% of the payment made by the participant.
QUERCUS Wheat short
1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of fixed amount not higher than 3.8% on an annual basis computed based on the Subfund’s Net Asset Value on a given day.
2. The maximum Distribution Fee amounts to:
3.8% of the payment made by the participant.
QUERCUS Absolutnego Zwrotu FIZ
1. The remuneration paid to Quercus TFI S.A. for managing the Fund consists of the following:
a) a fixed amount not higher than 3.75% on an annual basis computed based on the Fund’s Net Asset Value on a given day,
b) a variable amount not higher than 20% of the increase in the Fund’s Net Asset Value per a certificate above the reference rate equal to the constant annual value of 10% of the Fund’s Net Asset Value per certificate on a given day, subject to high water mark rule.
2. The maximum Distribution Fee amounts to:
2% of the payment made by the participant,
2% of the redemption made by the Fund.
QUERCUS Absolute Return FIZ
1. The remuneration paid to Quercus TFI S.A. for managing the Fund consists of the following:
a) a fixed amount not higher than 2.75% on an annual basis computed based on the Fund’s Net Asset Value on a given day,
b) a variable amount not higher than 20% of the increase in the Fund’s Net Asset Value per a certificate above the reference rate equal to the constant annual value of 10% of the Fund’s Net Asset Value per certificate on a given day, subject to high water mark rule.
2. The maximum Distribution Fee amounts to:
1.9% of the payment made by the participant,
1.9% of the redemption made by the Fund.
