AQUA fee schedules
Effective as of 1 July 2018
AQUA fee schedules
Effective as of 1 July 2018
Initial fees
| $14,500 per new AQUA Product Issuer |
| $5,000 per new AQUA Product Series |
| $500 per new set up of 3 letter code/UIC |
| $310 for each new financial product held in CHESS and approved by ASX settlement |
Annual fees
Value of the quoted units of AQUA traded products per Responsible Entity that are held on CHESS. Basis point fee charged on the average market capitalisation in CHESS of each ETP (ETFs and Structured Products) on a quarterly basis.
| Funds Under Management (FUM) | Annual FUM Fee |
|---|---|
| Up to $55m | $5000 (Minimum) |
| $55m to $100m | $5000 + 0.9bps of FUM>$55m |
| $100m to $500m | $9000 + 0.6bps of FUM>$100m |
| $500m to $733m | $33000 + 0.3bps of FUM>$500m |
| Over $733m | $40000 (Maximum) |
Issuer discount
Discounts applied to all Exchange Traded Products (ETPs) operated by a common Responsible Entity (or other issuing entity as determined by ASX).
| Number of ETPs | Discount per ETP |
|---|---|
| 1-4 ETPs | No discount |
| 5-9 ETPs | 10% |
| 10-29 ETPs | 30% |
| 30-99 ETPs | 50% |
| 100+ ETPs | 60% |