Add ongoing fee Types

Ongoing fee types can be added under the System Main menu

Change Transaction label and Label used on screen. select the ‘Fee calculation Method from the drop-down list:

• General Fee Calculation Method – Works fees out as per setting on an investor account ( (calculate fees per instrument / total market value van die portfolio)
• Administration Fee Calculation Method – Works the same as the General Fee Calculation Method. In addition it is linked to the ‘Annual platform discount’ as can be set on an instrument. The discount as stated on an instrument would then apply to the fee type on which it is selected.

See Add Ongoing Fee Types on a Product

Last Updated on 3 years ago by Antoinette Van Meyeren