We pursue a policy of cost transparency and do everything in our power to keep costs low. An efficient administrative system, the absence of brokerage fees and near-zero marketing costs help us to achieve this goal.

• Asset-management costs: CHF 143.50 per beneficiary/year, i.e. 0.579% of the value of our managed assets
• General administrative expenditure: CHF 119.70 per beneficiary/year
• Total operating costs: CHF 263.20 per beneficiary/year

These costs are covered by the administrative-costs element of the contribution rate. There are no other administrative costs.