Art. 38

(Art. 26 para. 3 CISA)

1. The investors may be charged for the following:
   1. all-in incidental costs incurred by the issue, redemption or conversion of units for the purchase and sale of investments;
   2. a fee for subscriptions, conversions or redemptions to the distributor to cover the costs associated with distribution.
2. The fund contract describes in a comprehensible, transparent manner the fees that may be charged to the investors, as well as their scale and the method of calculation.