+Article 15 2.

Article 15 2.

The following coefficients shall apply to the corresponding K‐factors:



Table 1

K‐FACTORS

COEFFICIENT

Assets under management under both discretionary portfolio management and nondiscretionary advisory arrangements of an ongoing nature

K‐AUM

0,02 %

Client money held

K‐CMH (on segregated accounts)

0,4 %

K‐CMH (on non‐segregated accounts)

0,5 %

Assets safeguarded and administered

K‐ASA

0,04 %

Client orders handled

K‐COH cash trades

0,1 %

 

K‐COH derivatives

0,01 %

Daily trading flow

K‐DTF cash trades

0,1 %

 

K‐DTF derivatives

0,01 %

1. Ħarsa ġenerali

,

1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti

3. Standards relatati

Standards