“
[Name] invests $10,000 in the [specify fund name]. He/She* is charged an establishment fee of $[specify]. He/She* is also charged contribution fees of $[calculate] ([specify]% of $10,000).
This brings the starting value of his/her* investment to $[specify].
He/She* is also charged management and administration fees, which work out to about $[calculate] ([specify]% of $[specify]). These fees might be more or less if his/her* account balance has increased or decreased over the year.
[Name] may also be charged a performance-based fee if his/her* fund earned more than its target.
Over the next year, [name] pays other charges of $[specify].
Estimated total fees for the first year
Individual action fees: $[calculate]
Fund charges: $[calculate]
Other charges: $[specify]
See the latest fund update for an example of the actual returns and fees investors were charged over the past year.
This example applies only to the [specify fund name]. If you are considering investing in other funds or investment options in the scheme, this example may not be representative of the actual fees you may be charged.”