ANIMA FUND - ANIMA Sgr

15.8 Expenses paid by the Fund
The Fund pays commissions in favour of the Management Company, the Custodian Bank, the Central
Administration Agent, the Portfolio Managers and the Distributors. These commissions are in the amount of the
percentages listed in the table below:
Subfunds Flat Fee
Anima Fund – Euro Bond I Max 0,50% p.a.
Anima Fund – Euro Bond R Max 1,20% p.a.
Anima Fund – Euro Equity I Max 1,00% p.a.
Anima Fund – Euro Equity R Max 2,20% p.a.
Anima Fund – Emerging Equity I Max 1,00% p.a.
Anima Fund – Emerging Equity R Max 2,20% p.a.
Anima Fund – Visconteo International I Max 0,70% p.a.
Anima Fund – Visconteo International R Max 1,50% p.a.
Anima Fund – Saving I Max 0, 90% p.a.
Anima Fund – Saving R Max 1,20% p.a.
Anima Fund – Performance Target I Max 0,40% p.a.
Anima Fund – Performance Target R Max 0,80% p.a.
Anima Fund – Liquidity PlusI Max 0,37% p.a.
Anima Fund – Liquidity Plus R Max 0,70% p.a.
Anima Fund – European Equity I Max 1,00% p.a.
Anima Fund – European Equity R Max 2,20% p.a.
Anima Fund – Fondattivo International I Max 1,10% p.a.
Anima Fund – Fondattivo International R Max 2,35% p.a.
Anima Fund – Fondimpiego International I Max 0,95% p.a.
Anima Fund – Fondimpiego International R Max 1,40% p.a.
Anima Fund – Pianeta International I Max 0,60% p.a.
Anima Fund – Pianeta International R Max 1,40% p.a.
Anima Fund – US Equity I Max 1,00% p.a.
Anima Fund – US Equity R Max 2,20% p.a.
Anima Fund – Pacific Equity I Max 1,00% p.a.
Anima Fund – Pacific Equity R Max 2,20% p.a.
Anima Fund – Global Value I Max 1,00% p.a.
Anima Fund – Global Value R Max 2,20% p.a.
These commissions are calculated on the basis of the net assets of the Subfunds and are payable monthly.
In addition a performance fee is applied if the fund’s performance is positive over the reference time frame and
if it exceeds the performance of the reference parameter indicated (positive overperformance), also over the
reference time frame.
Reference time frame: from the beginning of the calendar year.
Frequency of calculation: daily.
Frequency of payment: annual.
The payment rate, calculated on the lower between the net asset value of the fund on the reference date and
the average of net asset value from the beginning of the calendar year up to the reference date, and is equal to:
� 20% of the overperformance
The amount of the payment is equal to the amount calculated on the basis of the rates indicated in the
preceding point.
The performance fee is paid out of the fund’s liquid assets on the fifth working day of the calendar year
following the reference year and the fund is debited with an equal amount.
The performance fee described in the preceding points applies to all sections of the fund, with the exception of
the Anima Fund – Liquidity Plus.
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