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 (from accumulated amount, annually)  
     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 01.07.2021.

 

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 01.07.2021.

 


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 From income value that exceeds the comparative indicator: 12-month EURIBOR/LIBOR
4 The following price list is applied throughout the term of the contracts concluded during the campaign from January 1, 2021 till June 30, 2021, in which the accumulated amount is 3000 EUR / 3500 USD or more, as well as existing contracts in which a deposit of 3000 EUR / 3500 USD or more has been made from 1 November 2021 till 31 December 2021: 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% and variable commission to asset manager - 0%. For the contracts concluded from January 1, 2021 till 31 December, 2021, as well as for existing contracts in which a deposit of 3000 EUR / 3500 USD or more has been made from 1 November 2021 till 31 December 2021, regardless of the amount of pension capital accumulated in the contract, the payment to the Financial and Capital Market Commission during its entire term - 0%.