QUERCUS Short Duration

1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the following:

    a) a fixed amount no higher than 0.8% on an annual basis computed based on the Subfund’s Net Asset Value on a given day,

    b) a variable amount no higher than 20% of the increase in the Subfund’s Net Asset Value per participation unit above the reference rate equal to the WIBID 6M + 25bps annual value. 

2. The maximum Distribution Fee amounts to:
     1.5% of the payment made by the participant.

 

QUERCUS Capital Protection

1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the following:

    a) a fixed amount no higher than 1% on an annual basis computed based on the Subfund’s Net Asset Value on a given day,

    b) a variable amount no higher than 20% of the increase in the Subfund’s Net Asset Value per participation unit above the reference rate equal to the WIBID 6M + 40bps annual value. 

2. The maximum Distribution Fee amounts to:
     1.5% of the payment made by the participant.

 

QUERCUS Treasury Bonds

1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the following:

    a) a fixed amount no higher than 1.2% on an annual basis computed based on the Subfund’s Net Asset Value on a given day,

    b) a variable amount no 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 Treasury Bond Spot Poland index value. 

2. The maximum Distribution Fee amounts to:
     1.5% of the payment made by the participant.

 

QUERCUS Stable

1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the following:

    a) a fixed amount no higher than 2.0% on an annual basis computed based on the Subfund’s Net Asset Value on a given day,

    b) a variable amount no higher than 20% of the increase in the Subfund’s Net Asset Value per participation unit above the reference rate equal to the the highest valuation of a participation unit (HWM-alltime).

2. The maximum Distribution Fee amounts to:
     2.5% of the payment made by the participant.

 

QUERCUS Global Balanced

1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the following:

    a) a fixed amount no higher than 2.0% on an annual basis computed based on the Subfund’s Net Asset Value on a given day,

    b) a variable amount no higher than 20% of the increase in the Subfund’s Net Asset Value per participation unit above the reference rate equal to the highest valuation of a participation unit (HWM-alltime).

2. The maximum Distribution Fee amounts to:
     2.8% of the payment made by the participant.

 

QUERCUS Aggressive

1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the following:

    a) a fixed amount no higher than 2.0% on an annual basis computed based on the Subfund’s Net Asset Value on a given day,

    b) a variable amount no 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. 

2. The maximum Distribution Fee amounts to:
     3.3% of the payment made by the participant.

 

QUERCUS Global Growth

1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the following:

    a) a fixed amount no higher than 2.0% on an annual basis computed based on the Subfund’s Net Asset Value on a given day,

    b) a variable amount no 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 MSCI ACWI Net Total Return USD Index value.

2. The maximum Distribution Fee amounts to:
     3.3% 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 no higher than 2.0% 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 no higher than 2.0% 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

1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of fixed amount no higher than 2.0% 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 Silver

1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of fixed amount no higher than 2.0% 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 Tech lev

1. The remuneration paid to Quercus TFI S.A. for managing the Subfund consists of the fixed amount no higher than 2.0% 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 Multistrategy FIZ

1. The remuneration paid to Quercus TFI S.A. for managing the Fund consists of the following:

    a) a fixed amount no higher than 3% on an annual basis computed based on the Fund’s Net Asset Value on a given day,

    b) a variable amount no higher than 20% of the increase in the Fund’s Net Asset Value per a certificate above the reference rate equal to the highest valuation of the Fund’s Net Asset Value per certificate on a given day (HWM-alltime).

2. The maximum Distribution Fee amounts to:
     4% of the payment made by the participant