Fees
Both Funds have the exact same fee schedule:
| Operations | Fee schedule |
|---|---|
| Investment | Free |
| Redemption | Free |
| Administrative fees | 0.10% per annum (current effective rate) |
| Management fees | 0.30% per annum, incl. 0.15% for Spiko |
Info
During our launch phase, until it has reached 100m EUR of assets under management, the management fees of the EUR fund are waived.
Gas fees
Who covers the gas fees depends on whether you’re using your own wallet or the one provided by Spiko. Please see Tokens & Wallets section for more details.
| Operations | You use your own wallet | You use the wallet provided by Spiko |
|---|---|---|
| Allowlist | Free | Free |
| Investment | Free | Free |
| Redemption | You pay the gas fees | Free |
| Transfer | You pay the gas fees | Not available for now |