Q&A · ESMA
Information on cost and charges
Answered
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For portfolio management, ex-ante costs and charges are disclosed before the service starts, not for each investment decision, based on the assets under management and the anticipated model or bespoke portfolio matching the client's profile and mandate, covering both service and product costs.
Details
| Reference | ESMA_QA_1836 |
|---|---|
| Issuer | ESMA |
| Published | 28 Mar 2019 |
| Answered | 28 Mar 2019 |
| Submitted | 28 Mar 2019 |
| ESMA topics | Information to clients on costs and charges |
| Earlier Q&A document | ESMA 35-43-349 MiFID II Q&As on Investor protection Ch. 9, question 24 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsInferred · 90%
- MiFID II (whole act)Explicit reference