{"id":1997,"date":"2011-08-18T14:35:05","date_gmt":"2011-08-18T13:35:05","guid":{"rendered":"https:\/\/www.ernsting.com\/kostentransparenz-durch-feste-gebuehren\/"},"modified":"2011-08-18T14:35:05","modified_gmt":"2011-08-18T13:35:05","slug":"cost-transparency-through-fixed-fees","status":"publish","type":"post","link":"https:\/\/www.ernsting.com\/en\/cost-transparency-through-fixed-fees\/","title":{"rendered":"Cost transparency through fixed fees"},"content":{"rendered":"<p>As of today, the Hanover Stock Exchange is offering investors a new and particularly inexpensive way to purchase investment fund shares with the \"Fondsservice Hannover\".<\/p>\n<p>Investors can\u00a0<a href=\"http:\/\/www.broker-test.de\/fonds\/\" target=\"_blank\" rel=\"noopener\">Fund<\/a>\u00a0without an issue surcharge at the official redemption price of the investment company. Only a uniform low flat fee is charged as a stock exchange fee. There is no continuous trading of investment funds at \"Fondsservice Hannover\". The offer is unique in Germany. Purchase orders are settled with the \"Fondsservice Hannover\" over the stock exchange Hanover after the same principle as with banks or fund companies usual, but to low purchase costs. The incoming orders are collected every exchange trading day and executed at the next price fixing.<\/p>\n<p><strong>Cost transparency through fixed fees<\/strong><br \/>\nIrrespective of the order volume, a flat fee of 15 euros is charged per order for the \"Fondsservice Hannover\", which includes brokerage and stock exchange fees. The Hanover Stock Exchange charges these fees to the bank, which generally passes them on to the investor. The bank may charge further\u00a0<a href=\"http:\/\/www.broker-test.de\/online-broker\/ordergebuehren-rechner\/\" target=\"_blank\" rel=\"noopener\">Fees for the securities order<\/a>\u00a0charge via the stock exchange. However, the total costs are usually significantly lower than the fees charged when buying fund units from a bank or fund company. As the investment amount increases, the cost advantage becomes increasingly clear.<\/p>\n<p><strong>Example calculations<\/strong><br \/>\nOrder volume 1.500,00 Euro<br \/>\nFund Company Fund Service<br \/>\nIssue surcharge e. g. 5% 75.00 Euro -<br \/>\nStock exchange fee plus brokerage - 15,00 Euro<br \/>\nFees bank* - 17,87 Euro<br \/>\nTotal cost 75,00 Euro 32,87 Euro<br \/>\nSavings on fund service HAN. 42,13 Euro<\/p>\n<p>Order volume 2.500,00 Euro<br \/>\nFund Company Fund Service<br \/>\nIssue surcharge e.g. 5% 125.00 Euro -<br \/>\nStock exchange fee plus brokerage - 15,00 Euro<br \/>\nFees bank* - 18,31 Euro<br \/>\nTotal cost 125,00 Euro 33,31 Euro<br \/>\nSavings on fund service HAN. 91,69 Euro<\/p>\n<p>* Bank fees are average values of online banks and<br \/>\nBranch banks. The values are without guarantee. Source:\u00a0<a href=\"http:\/\/www.broker-test.de\/\" target=\"_blank\" rel=\"noopener\">www.broker-test.de<\/a><br \/>\nand company information.<\/p>","protected":false},"excerpt":{"rendered":"<p>Die B\u00f6rse Hannover er\u00f6ffnet Anlegern mit dem \u201eFondsservice Hannover\u201c ab heute einen neuen und besonders preiswerten Weg zum Kauf von Investmentfondsanteilen. Anleger k\u00f6nnen\u00a0Fonds\u00a0ohne Ausgabeaufschlag zum offiziellen R\u00fccknahmepreis der Kapitalanlagegesellschaft beziehen. Als B\u00f6rsengeb\u00fchr f\u00e4llt lediglich eine einheitliche niedrige Pauschale an. Einen fortlaufenden Handel von Investmentfonds gibt es beim \u201eFondsservice Hannover\u201c nicht. Das Angebot ist in Deutschland [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":["post-1997","post","type-post","status-publish","format-standard","hentry","category-pressespiegel","wpbf-post"],"_links":{"self":[{"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/posts\/1997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/comments?post=1997"}],"version-history":[{"count":0,"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/posts\/1997\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/media?parent=1997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/categories?post=1997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/tags?post=1997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}