{"id":2077,"date":"2011-08-18T08:22:41","date_gmt":"2011-08-18T07:22:41","guid":{"rendered":"https:\/\/www.ernsting.com\/borse-hannover-bietet-fonds-ohne-ausgabeaufschlag-zum-offiziellen-rucknahmepreis\/"},"modified":"2011-08-18T08:22:41","modified_gmt":"2011-08-18T07:22:41","slug":"borse-hannover-offers-funds-without-issue-premium-at-the-official-redemption-price","status":"publish","type":"post","link":"https:\/\/www.ernsting.com\/en\/borse-hannover-offers-funds-without-issue-premium-at-the-official-redemption-price\/","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 buy investment fund units with the \"Fondsservice Hannover\".<\/p>\n<p>Investors can <a href=\"http:\/\/www.broker-test.de\/fonds\" target=\"_blank\" rel=\"noopener\">Fund<\/a> without an issue premium 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 service is unique in Germany. At \"Fondsservice Hannover\", purchase orders are processed via the Hannover Stock Exchange according to the same principle as banks or fund companies, but at low purchase costs. Incoming orders are collected every trading day and executed at the next price fixing.<\/p>\n<p><strong>Cost transparency through fixed fees<\/strong><br \/>\nRegardless of the order volume, the \"Fondsservice Hannover\" charges a flat fee of EUR 15 per order, which includes brokerage and stock exchange fees. B\u00f6rse Hannover charges this to the bank, which generally passes the fees on to the investor. The bank may charge further <a href=\"http:\/\/www.broker-test.de\/transaktionskosten-rechner\/online-broker\" target=\"_blank\" rel=\"noopener\">Fees for the securities order<\/a> charge 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: <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>Regardless of the order volume, the new service incurs a flat fee of 15 euros per order, which includes brokerage and stock exchange fees. As the investment amount increases, the...<\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[57],"class_list":["post-2077","post","type-post","status-publish","format-standard","hentry","category-pressespiegel","tag-ordergebuehren","wpbf-post"],"_links":{"self":[{"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/posts\/2077","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=2077"}],"version-history":[{"count":0,"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/posts\/2077\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/media?parent=2077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/categories?post=2077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ernsting.com\/en\/wp-json\/wp\/v2\/tags?post=2077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}