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%^3,4
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%^3,4
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%^3,4
CBL Sabalansētais	0.7% or 0.3%^3,4
Custodian bank’s commission² (per year from the value of the accumulated supplementary pension capital)	0.15% or 0.1%^3,4

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%^3,4
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%^3,4
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%^3,4
Custodian bank’s commission² (per year from the value of the accumulated supplementary pension capital)	0.15% or 0.1%^3,4

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 January 1, 2021 till June 30, 2022, in which accumulated capital value* is 3000 EUR (3,500 USD) or more, as well as for existing contracts, in which from November 1, 2021 till December 31, 2021 contribution of EUR 3000 (USD 3500) or more has been made, the following price list is applied throughout its duration: Payment to Bank of Latvia - 0%, The Pension Fund’s administration commission² - 0.2%, Commission to the asset manager² – 0.3%, Custodian bank’s commission² – 0.1% and the variable part of the commission to the asset manager³ – 0%. *If the value of the savings falls below EUR 3000 (USD 3500), the standard price list is applied, except for the payment to Bank of Latvia, which is 0%.
⁴ The following price list is applied throughout the all term of the contracts concluded during the campaign from July 1, 2022 till August 31, 2024, in which the accumulated capital value ** is 500 EUR (550 USD) or more: Payment to Bank of Latvia – 0%, The Pension Fund’s administration commission² - 0.2%, Commission to asset manager² - 0.3%, Custodian bank’s commission² – 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.