FAQ

• At what rate can I buy or sell?
  
• How much does a transaction cost?
  
• Do I have to pay custody fees?
  
• How is an order executed?
  
• Until what time can I cancel an order?
  
• What is the minimal value of an order?
  
• Can I work within limits?
  
• What difference is there between a unit and a value order?
  
• What do the terms “level of risk” and “volatility” mean?
  
• What is the “annual management commission”?
  
• What is the return of a fund, and how is it calculated?
  
• What is the “rating” of a fund (notation in a number of stars)?
  
• There are a number of investment funds that I can’t find on your site!
  
• Do you ever give advice about the choice of funds?
  
• My order is “pending” for a couple of days. How is this possible?
  
• What taxes are due in negotiating funds?
  

  The current mutual funds taxation is the following:
  
  

  	Buying taxes	Selling taxes
  Distibution funds	0%	0%
  Capitalisation funds	0%	0.50% tax on stock market transactions + possibly 15% withholding tax on the capitalised interests *

  
  

  *	•	This withholding tax is only levied if it concerns a by the law intended funds. It concerns mainly obligation funds and mixed funds that invest at least 40% in obligations or other products at a fixed interest rate.
  	•	This withholding tax is for the moment only calculated on the capitalised interests (so not on the possible surplus-values since the date of purchase). If the purchase dates are before 1/7/2005, 1/7/2005 will be taken as the purchase date.