The annual fees for Kersio Lux – Kersio Equity SICAV vary by share class:

1) Series A and E

Total Expense Ratio (TER): 1.24%, broken down as follows:

• Annual Management Fee (Kersio): 0.75%
• Annual Distribution Fee (Kersio): 0.10%
• Annual Depositary Fee: 0.049%
• Annual Administration Fee: 0.08%
• Annual Board Expenses: ~0.06%
• Luxembourg Tax: 0.05%
• Manco (UBS): 0.049%
• Other expenses: 0.10%

2) Series M

Total Expense Ratio (TER): 1.00%, broken down as follows:

• Annual Management Fee (Kersio): 0.61%
• Annual Depositary Fee: 0.049%
• Annual Administration Fee: 0.08%
• Annual Board Expenses: ~0.06%
• Luxembourg Tax: 0.05%
• Manco (UBS): 0.049%
• Other expenses: 0.10%

Kersio Lux does not charge entry or exit fees, nor performance fees.

For more information about Kersio Lux, including costs, investment philosophy, or other details, please contact us via our website form.

A Luxembourg SICAV is a collective investment vehicle operating under the oversight of the highly regarded Luxembourg regulator, the Commission de Surveillance du Secteur Financier (CSSF). It is particularly attractive for international investors. Although Kersio Lux is domiciled in Luxembourg, its management team and investment philosophy are identical to those of Kersio Capital SICAV, as the latter invests nearly all of its portfolio in Kersio Lux. This allows investors to choose the option that best suits their needs.

The main advantage of a Luxembourg SICAV is its international accessibility. Thanks to the European passport, Luxembourg SICAVs can be marketed across multiple countries to all types of investors. The omnibus account structure facilitates access and operations for international investors. Additionally, Luxembourg-based asset custody offers enhanced legal security, particularly relevant for institutional investors.

For international investors, choosing a Luxembourg vehicle is often more convenient, as it allows them to invest in a simplified and secure manner from their local account. Additionally, international platforms and distribution networks are structured to market Luxembourg vehicles, making operations easier without the need to share detailed client information with each management company. On the other hand, investors residing in Spain can use either the Spanish SICAV or the Luxembourg SICAV, depending on their preferences and circumstances.