UBB Balanced Fund

The investment in Mutual Funds and its management is connected with fees and expenses, owed by the investor and the Mutual Fund.

Fees due for the account of client

Subscription fee	None
Redemption fee	None

“UBB Asset Management” has provided for a network of offices (desks) where investors may submit orders for purchases and sales of shares of “UBB Balanced Fund”. These are the office of the Management company and the branches of United Bulgarian Bank (as specified in Branch Network).

Expenses due for the account of UBB Balanced Fund

Management fee

2.00 %

The fee for the management company is an annual payment for UBB Asset Management, which is 2.00 % of the average annual net value of assets of UBB Balanced Fund.

Other expenses due for the account of UBB Balanced Fund are as follows:
- Commissions of investment intermediaries;
- A fee of the Depository Bank;
- A fee of the auditor of the annual financial statements;
- For supervision;
- For Central Depositary AD;
- For depreciation (if the FUND acquires fixed assets).

All expenses related to the activity of the UBB Balanced Fund (which are paid out of resources of the FUND) may not exceed 5% of the average annual net value of assets as per the balance sheet of UBB Balanced Fund.

Tax regime

Collective investment schemes admitted to pubic offering under Public Offering of Securities Act are not subject to corporate tax.

The share holders of UBB Balanced Fund do not owe tax in the event of realising any potential gains on selling their shares back to UBB Balanced Fund.

For additional information investors may get acquianted with the Full Prospectus of "UBB Balanced Fund".