Cost considerations

 

The fees payable vary depending on whether the Trading Market or Quote Display Board is selected.

Fund fees

(please note that these fees do not include GST)

 

Trading Market ASX PriceDisplay
Initial fees Initial fees
A$15,000 per new issuer (one-off payment)   A$15,000 per new issuer (one-off payment)  
A$2,000 per new fund A$5,000 per new fund
   
Annual fees Annual fees 
Basis points fee based on number      Up to A$1,000m FUM = 1.50 bps
of funds and FUM* (see tables below)  A$1,000m to A$2,000m = A$150,000 + 1.00bps
  A$2,000m to A$5,000m = A$250,000 + 0.50bps
  A$5,000m to A$10,000m = A$525,000 + 0.10bps

* ASX will use market value as a proxy for funds under management (FUM) (number of units x market price) where appropriate. The FUM or Market Value in question is the amount of the fund listed on ASX. This number will be derived by ASX.

Schedule for 1 - 4 Funds (per fund)

 

Funds Under Management (FUM) Annual listing fee (A$)
Up to A$100m  3.5 bps of FUM under A$100m
A$100m to A$500m A$35,000 + 2.5 bps of FUM over A$100m
A$500m to A$1,000m A$135,000 + 2.0 bps of FUM over A$500m 
A$1,000m to A$2,000m A$235,000 + 1.5 bps of FUM over A$1,000m
Over A$2,000m A$385,000 + 0.75 bps of FUM over A$2,000m

Schedule  for 5 - 9 Funds (FUM aggregated)

 

Funds Under Management (FUM) Annual listing fee (A$)
Up to A$500m  2.0 bps of FUM under A$500m
A$500m to A$1,000m A$100,000 + 1.5 bps of FUM over A$500m
A$1,000m to A$2,000m A$175,000 + 1.25 bps of FUM over A$1,000m 
A$2,000m to A$5,000m A$300,000 + 0.75 bps of FUM over A$2,000m
Over A$5,000m A$525,000 + 0.25 bps of FUM over A$5,000m

Schedule for 10+ Funds (FUM aggregated)

 

Funds Under Management (FUM) Annual listing fee (A$)
Up to A$1,000m  1.5 bps of FUM under A$1,000m
A$1,000m to A$2,000m A$150,000 + 1.0 bps of FUM over A$1,000m
A$2,000m to A$5,000m A$250,000 + 0.5 bps of FUM over A$2,000m 
A$5,000m to A$10,000m A$400,000 + 0.25 bps of FUM over A$5,000m
Over A$10,000m A$525,000 + 0.10 bps of FUM over A$10,000m

Structured Product fees

 

Trading Market Quote Display Board
Initial fee Initial fee
A$15,000 per new issuer (one off payment)   A$15,000 per new issuer (one off payment)  
A$350 per new structured product A$500 per product capped at 100 products per type  
   
Turnover fee Annual fee 
10 bps of traded value capped at A$10,000 p.a.      A$500 per product capped at 100 products per type  
  • A 'Program' is the issue of a series of products where:
  • The key features and benefits of each product in the series are identical
  • The rights and obligations of each product in the series are identical
  • Each product only differs from other products in the program in respect of the underlying share, basket of shares, index or other reference asset
  • Each product in a program is issued either at the same time or within 6 months of the first product issued in the program (issues following this will constitute a new program).