Information about the fees and charges


Upon the purchase, redemption and conversion of Participation Units (hereinafter, PU) of Arka BZ WBK FIO and Arka Prestiż SFIO funds, the following fees can be charged:

Distribution fee is charged upon the execution of a purchase order. The formula for calculating the purchase price including the distribution fee per one PU is as follows:
 

Purchase price = Net Asset Value per PU / (1 – distribution fee rate).

 


Front-end fee is charged upon the execution of PU redemption orders. Its value depends on the time of holding the PUs. The formula for calculating the sale price including the front-end fee per one PU is as follows:
 

Sale price = Net Asset Value per PU x (1 – front-end fee rate).

 


Additional fee is charged upon the execution of PU conversion orders. Its value depends on the time of holding the Pus subject to conversion. The formula for calculating the sale price including the additional fee per one PU is as follows:
 

Sale price = Net Asset Value per PU x (1 – additional fee rate).

Arka BZ WBK FIO


Promotions available in Arka BZ WBK FIO fund:

  • promotion involving temporary reduction by 100% of the offsetting distribution charged upon the execution of selected PU conversion orders placed for the sub-funds of Arka BZ WBK FIO fund with BZ WBK SA (also online via the BZWBK24 platform) and TFI. Full announcement available on arka.pl.
  • promotion involving temporary reduction by 100% of the additional fee charged upon the settlement of PU conversion orders for all sub-funds of the Arka BZ WBK FIO fund. Full announcement available on arka.pl.
  • promotion involving temporary reduction by 100% of the distribution fee charged upon the execution of:
         - orders for the purchase of participation units placed via BZWBK24,
         - direct payments (cash deposit or transfer to an individual bank account assigned to the Participant’s sub-register),
    pertaining to sub-registers opened by Bank Zachodni WBK S.A. or BZ WBK TFI S.A. (regardless of the sub-register opening date and channel). Full announcement available on arka.pl.
  • promotion consisting in periodically reducing by 100% the distribution fee, charged when executing orders to purchase participation units for sub-registers, which as at November 2, 2017 were conducted as part of the Moja Przyszłość Investment Program or the Pewny Start Dziecka special investment program. Full announcement available on arka.pl.
  • promotion consisting of a temporary reduction of 100% of the handling fee, charged at the execution of orders to buy participation units into sub-registers, which as at November 2, 2017, were conducted as part of the Moja Przyszłość Investment Program or the Pewny Start Dziecka special investment program. Full announcement available on arka.pl.

The information about the end of the promotion campaign shall be published on www.arka.pl.

Information about performance fees:

  • information about periodic failure to collect a fee for investment results in the Arka BZ WBK Small and Medium Caps Equity. Full announcement available on . arka.pl.

INDIVIDUAL PENSION ACCOUNT (IKE)


The IKE Schedule of Fees and charges includes the rates of fees charged for the execution of orders pertaining to the registers of Arka BZ WBK FIO sub-funds maintained under the Individual Pension Account (IKE) Agreement.

Promotions available in IKE:

  • promotion consisting in periodically reducing by 100% additional fee, calculated on the settlement of exchange orders for shares, within all sub-funds of the Arka BZ WBK FIO fund. Information on the cancellation of the promotion will be announced on the website arka.pl.

The information about the end of the promotion campaign shall be published on www.arka.pl.

Arka Prestiż SFIO


Promotions available in Arka BZ WBK SFIO fund:

-  promotion involving temporary reduction by 100% of the additional fee charged upon the settlement of PU conversion orders for Arka Prestiż SFIO fund. The promotion has been effective since the valuation on 1 June 2015 until revoked.Full announcement.

-  promotion involving temporary reduction by 100% of the distribution fee charged upon the execution of:
     - orders for the purchase of participation units placed via BZWBK24,
     - direct payments (cash deposit or transfer to an individual bank account assigned to the Participant’s sub-register),
pertaining to sub-registers opened by Bank Zachodni WBK S.A. or BZ WBK TFI S.A. (regardless of the sub-register opening date and channel). Full announcement.

The information about the end of the promotion campaign shall be published on www.arka.pl.