3rd Pension Pillar

Standard commissions for contracts of individual participation

CBL Aktīvais, CBL Sabalansētais

Currency of agreement EUR
Payment to Financial and Capital Market Commission1 (from each contribution) 0.39% or 0%4
The Pension Fund’s administration commission2 (from accumulated amount, annually):  
If accumulated amount is:  
equal or less than 99 999.99 EUR 0.75% or 0.2%4
more than or equal to 100 000.00 EUR 0.2%
Commission to asset manager  
     CBL Aktīvais 0.8% or 0.3%4
     CBL Sabalansētais 0.7% or 0.3%4
Variable commission to asset manager3 10% or 0%4
Custodian bank’s commission2 (from accumulated amount, annually) 0.15% or 0.1%4

In force on 01.01.2021.

 

CBL Aktīvais USD

Currency of agreement USD
Payment to Financial and Capital Market Commission1 (from each contribution) 0.39% or 0%4
The Pension Fund’s administration commission2 (from accumulated amount, annually):  
If accumulated amount is:  
equal or less than 111 999.99 USD 0.75% or 0.2%4
more than or equal to 112 000.00 USD 0.2%
Commission to asset manager 0.8% or 0.3%4
Variable commission to asset manager3 10% or 0%4
Custodian bank’s commission2 (from accumulated amount, annually) 0.15% or 0.1%4

In force on 01.01.2021.

 


1 The payment is variable, in accordance with the current changes of legislation of the Republic of Latvia. The commission can fluctuate both to increase and to decrease during action of the agreement.
2 The commissions are deducted once a month as 1/12 part
3 From income value that exceeds the comparative indicator: 12-month EURIBOR/LIBOR.
4 The following price list is applied to the contracts throughout its validity and concluded during the campaign from January 1, 2021 till June 30, 2021, in which the accumulated amount is 5000 EUR/6135 USD or more: the Payment to Financial and Capital Market Commission – 0%, The Pension Fund’s administration commission - 0,2%, Commission to asset manager - 0,3%, Custodian bank’s commission – 0.1%. For contracts concluded during the campaign, in which the accumulated amount is less than 5000 EUR/6135 USD, the standard price list is applied throughout its validity, but the payment to the Financial and Capital Market Commission is 0%.