3rd Pension Pillar

Standard commissions for contracts of individual participation

CBL INDEX

Currency of agreement EUR
Payment to Bank of Latvia (from each contribution) 0%
The Pension Fund’s administration commission (per year from the value of the accumulated supplementary pension capital): 0.25%
Commission to asset manager (per year from the value of the accumulated supplementary pension capital) 0.20%
Custodian bank’s commission (per year from the value of the accumulated supplementary pension capital) 0.08%

 

CBL Aktīvais, CBL Sabalansētais

Currency of agreement EUR
Payment to Bank of Latvia1 (from each contribution) 0.245% or 0%3
The Pension Fund’s administration commission2 (per year from the value of the accumulated supplementary pension capital):  
If accumulated amount is:  
equal or less than 99 999.99 EUR 0.75% or 0.2%3
more than or equal to 100 000.00 EUR 0.2%
Commission to asset manager (per year from the value of the accumulated supplementary pension capital)  
     CBL Aktīvais 0.8% or 0.3%3
     CBL Sabalansētais 0.7% or 0.3%3
Custodian bank’s commission2 (per year from the value of the accumulated supplementary pension capital) 0.15% or 0.1%3

In force on 01.01.2023.

 

CBL Aktīvais USD

Currency of agreement USD
Payment to Bank of Latvia1 (from each contribution) 0.245% or 0%3
The Pension Fund’s administration commission2 (per year from the value of the accumulated supplementary pension capital):  
If accumulated amount is:  
equal or less than 111 999.99 USD 0.75% or 0.2%3
more than or equal to 112 000.00 USD 0.2%
Commission to asset manager (per year from the value of the accumulated supplementary pension capital) 0.8% or 0.3%3
Custodian bank’s commission2 (per year from the value of the accumulated supplementary pension capital) 0.15% or 0.1%3

In force on 01.01.2023.

 


1 The payment is determined in accordance with the current rate specified in the legislation of the Republic of Latvia and can be both reduced and increased during the term of the agreement
2 Calculated daily from the value of the accumulated pension capital, withholding once a month
3 The following price list is applied throughout the all term of the contracts concluded during the campaign from July 1, 2022 till December 31, 2023, in which the accumulated capital value * is 500 EUR / 550 USD or more: the Payment to Bank of Latvia – 0%, The Pension Fund’s administration commission(2) - 0,2%, Commission to asset manager(2) - 0,3%, Custodian bank’s commission(2) – 0.1%.
* If the value of the accumulated capital falls below 500 EUR (550 USD), the standard price list is applied, excluding the Payment to Bank of Latvia, to which 0% applies.