Itemized Breakdown of Cost and Charges

The Itemized Breakdown of Cost and Charges table shows your annual incurred costs and charges distinguished by types and category of costs. The types and categories are defined based on the regulatory typology.

 

The following table describes cost information for the period covered by the statement:

Type	One-off	Ongoing	Transactional	Incidental
Investment Services Costsare fees that are incurred on a one-time, transactional, ongoing or incidental basis to provide and perform investment services.	Costs and charges incurred at the beginning (entry) or at the end (exit) of the provided investment service(s)	Periodic regular costs and charges for investment services provided to you	Costs and charges that are related to transactions charged by us or third parties	Performance related fee payable to us over the previous year
Financial Instruments Costsare costs that are already included in the financial instrument price and are not settled separately (embedded costs). These costs are not shown in your activity statements.	Costs and charges embedded in the price of the financial instrument at the beginning (entry) or at the end (exit) of the investment in the financial instrument	Ongoing costs and charges related to the management of the financial product that are deducted from the value of the financial instrument	Costs and charges that incurred because of the acquisition and disposal of investments	Performance related fee payable to the management company or any investment adviser and carried interests
Ancillary Services Costsare costs incurred for certain additional services (such as research analysis provision, market data) and that are not part of transactional service or financial instruments costs.	Ad-hoc fees paid for ancillary services (e.g., market data, market commentary)	Regular fees for ancillary services (e.g., market data, market commentary)
Third Party Paymentsare payments received by us from third parties.	Ad-hoc fees either collected from clients and passed on to the intermediaries (e.g., Advisory fees); or refunds for clients	Regular payments, including costs collected from your account on behalf of third parties such as financial intermediaries (e.g., your financial advisor)	Payments, including costs collected from your account on behalf of third parties such as financial intermediaries (e.g., your financial advisor)
Of which Inducements		Regular periodic payments received by us from third parties (e.g., issuers) for certain instruments (ETFs) and reimbursed to you	Payments received by us, including retrocession fees related to commission free funds.