‘Composition of Costs(Where applicable):‘Different costs apply depending on the investment amount [explain circumstances or use an example in maximum 150 characters]’One-off costs upon entry or exit(PRIPs): If you [exit] after [1 year/recommended holding period (if less than 1 year)] (Insurance based investment products): Annual cost impact if you [exit] after [recommended holding period]Entry costs[Describe nature in no more than 300 characters. Examples:
—‘[] % of the amount you pay in when entering this investment’
—‘[] % of your investment before it is paid out to you’
—‘[] % of the first [] premiums you pay’
—‘We do not charge an exit fee for this product, [but the person selling you the product may do so]’
—‘These costs are already included in the [price/premiums] you pay’
—‘This includes distribution costs of [[] % of amount invested/[] EUR]. [This is the most you will be charged]. [The person selling you the product will inform you of the actual charge]’
—‘We do not charge an entry fee’]
[Up to] [] EUR (PRIPs) or [] % (IBIPs)Exit costs[Describe nature in no more than 300 characters. Examples:(Where exit costs only apply in specific circumstances) – ‘These costs only apply if (explain circumstances or an example in maximum 200 characters)’For insurance-based investment products where exit costs only apply before exit at the recommended holding period, the column to the right shall state ‘N/A’ and the following statement shall be included in this column in addition to the descriptions above: ‘Exit costs are stated as ‘N/A’ in the next column as they do not apply if you keep the product until the recommended holding period’[] EUR (PRIPs) or [] % (IBIPs)Ongoing costs [taken each year]Management fees and other administrative or operating costs[Describe basis in no more than 150 characters. Example:‘[] % of the value of your investment per year’].This is an estimate based on actual costs over the last year.[] EUR (PRIPs) or [] % (IBIPs)Transaction costs[] % of the value of your investment per year. This is an estimate of the costs incurred when we buy and sell the underlying investments for the product. The actual amount will vary depending on how much we buy and sell.[] EUR (PRIP) or [] % (IBIPs)Incidental costs taken under specific conditionsPerformance fees [and carried interest][[Describe in no more than 300 characters]. The actual amount will vary depending on how well your investment performs. The aggregated cost estimation above includes the average over the last 5 years.] or [There is no performance fee for this product].[] EUR (PRIP) or [] % (IBIPs)For PRIIPs offering a range of options for investment, PRIIP manufacturers shall use the tables 1 and 2 of this Annex applying to all PRIIPs except those referred to in Article 13, point (b) and point 76c of Annex VI for the presentation of the costs, showing for the figures in each table, as relevant, the range of the costs.For PRIIPs with a recommended holding period of less than one year, instead of ‘Annual cost impact’, the label of the cost ratio in percentage terms in tables 1 and 2 shall be ‘Cost impact’ and the footnote under the table 1 shall state the following ‘This illustrates the effect of costs over a holding period of less than one year. This percentage cannot be directly compared to the cost impact figures provided for other PRIIPs’.For PRIIPs where cost ratios in percentage are calculated using the notional value the following footnote shall be added below the table: ‘This illustrates costs in relation to the notional value of the PRIIP’.’