02 Dec Credins Invest announces administration fee reduction for the “Credins Pension” fund
Dear members of the Pension Fund,
On the occasion of the 10th anniversary of the activity of the “Credins Pension” fund, we are pleased to announce that starting from December 15, 2021, the new administration fee will be applied for all members of the “Credins Pension” fund. The administration fee has been reduced from 2.4% to 2% per annum of the net asset value of the Fund, resulting in a better return for the member. The administration fee is reflected in the Prospectus of the Pension Fund, approved by the Financial Supervision Authority with decision no. 217, dated 25.11.2021, and in the membership contracts, point “a” of the article 16 “Fees of the Management Company”. You can browse the prospectus and the contracts electronically on the official website.
Thank you for your cooperation,