The Minimum CIS fee can be calculated per instrument OR across a Collective Investment Scheme. i.e taking all the classes into account.

Under details on a Collective Investment Scheme add the minimum values used over classes.

This default will now be carried over to each instrument’s monthly row setting. The Minimum CIS fee for the instrument will now be overridden to be a minimum across classes.

Should the monthly value for the “Calculate minimum CIS fee for all classes” be unticked, then this class will be excluded from the minimum calculation.

The minimum fee is proportioned across the instruments in the CIS, i.e the classes based on the Service fee value of the instrument over the total service fee.

Last Updated on 12 years ago by Walther