Managing your wealth should not cost you a fortune. Whatever the nature of your investment, Easyvest offer our services for only a fraction of the fees charged by traditional banks and insurers.
We can opt for three investment solutions with Easyvest :
Easyvest's management fees are between 0,40% and 1,00% per annum of the assets under management on an investment portfolio.
The exact percentage depends on the total value of the portfolio under management, as detailed in the following table:
| You invest | You pay |
|---|---|
| Less than 24.999 € | 1,00%/yr incl. VAT |
| 25.000 € - 49.999 € | 0,90%/yr incl. VAT |
| 50.000 € - 99.999 € | 0,75%/yr incl. VAT |
| 100.000 € - 249.999 € | 0,60%/yr incl. VAT |
| 250.000 € - 999.999 € | 0,50%/yr incl. VAT |
| 1.000.000 € - 2.499.999 € | 0,45%/yr incl. VAT |
| More than 2.500.000 € | 0,40%/yr incl. VAT |
The valuation of the assets under management is calculated on the penultimate working day (the day before the last working day) of the month at 10 P.M. Belgian time, i.e. after the closing of the European stock exchanges. One twelfth (1/12th) of the amount shown in the table above is charged on the portfolio vaue at the end of each month.
No other direct or indirect remuneration is received by Easyvest in connection with its portfolio management service. In particular, no brokerage fees (free of charge) or custody fees (free of charge) are charged.
In the event that the contractual relationship is blocked for legal, judicial, or contractual reasons (e.g. death, seizure, etc.), Easyvest will continue to execute its portfolio management mandate and to receive management fees.
The management fees of eastvest do not include the management fees of the trackers in which the portfolio invests (on average 0.16% per year), as well as financial taxes, such as the tax on stock exchange transactions or the withholding tax. All the fees and taxes borne by the client over a year are reported to him monthly at the same time as each account statement sent by easyvest, or by the custodian.
In the event that the contractual relationship is blocked for legal, judicial, or contractual reasons (e.g. death, seizure, etc.), Easyvest will continue to execute its portfolio management mandate and to receive management fees.
Belgian residents are subject to a tax on stock exchange transactions (TST). Only the types of financial instruments in which Easyvest could invest in the framework of its portfolio management activity are listed in the table below.
| Type of financial instrument | Purchase | Sale | Ceiling |
|---|---|---|---|
|
Tracker-ETF in the form of capitalization units of foreign SICAV/Fs registered with an EEA supervisory authority |
0,12% |
0,12% |
1.300 € |
Trackers with more than 10% bonds are subject to capital gains tax when the fund units are sold, provided that the investor has realized a capital gain between purchase and sale.
This tax, called withholding tax, amounts to 30% of the capital gain.
At the time we write these lines (1/1/2022), this is a wealth tax of 0,15% per year on the value of all investment accounts worth more than 1.000.000€. For more information on the tax on securities investment accounts, we invite you to consult the explanatory page of our custodian here.
Clients of Easyvest, who are not Belgian tax residents, are exempt from all Belgian taxes mentioned above. Easyvest will therefore not deduct any tax from these accounts.
However, it is the customer's responsibility to check with her country of residence for any taxes due and to pay them.
Easyvest declines all responsibility for any tax default by a client towards a tax authority other than the Belgian tax authority.
Easyvest Pension Fund provides long term pension solutions for employees (PCP) and directors (CIPA). These plans are invested in ETFs just like our classic investment accounts.
For employees pension plans, we apply the following degressive fees depending on the total amount invested by the employer:
| Account Value of the Affiliate (Employer) | Management Fees for the Employee |
|---|---|
| Less than 24,999 € | 2.00 % / year VAT included |
| 25,000 € – 49,999 € | 1.90 % / year VAT included |
| 50,000 € – 99,999 € | 1.75 % / year VAT included |
| 100,000 € – 249,999 € | 1.60 % / year VAT included |
| More than 250,000 € | 1.50 % / year VAT included |
The management fee of the equity tracker amounts to 0.4% per annum and is charged at the trackers level by its fund manager who does not pay any commission to Easyvest.
For directors pension plans (CIPA), we apply the following degressive management fees:
| Account Value of the Affiliate | Management Fees |
|---|---|
| Less than 24,999 € | 1.50 % / year VAT included |
| 25,000 € – 49,999 € | 1.40 % / year VAT included |
| 50,000 € – 99,999 € | 1.25 % / year VAT included |
| 100,000 € – 249,999 € | 1.10 % / year VAT included |
| More than 250,000 € | 1.00 % / year VAT included |
The management fee of the equity tracker amounts to 0.4% per annum and is charged at the trackers level by its fund manager who does not pay any commission to Easyvest.
Easyvest does not apply entry fees on pension plans.
The Belgian tax administration applies a different deductibility and taxation for each type of life insurance contract. The tables below detail the applicable tax regime for each contract:
| Directors (CIPA) - Company Individual Pension Agreement | |
|---|---|
| Entry taxes | 4,40% of the premium |
| Tax advantage | 100% deductible investment within the 80% rule |
| Exit taxes | Around 15,85% of the capital paid at retirement:
|
| Employees (PCP) - Collective Pension Plan for Employees | |
|---|---|
| Entry taxes | 13,26% of the premium:
|
| Tax advantage | 100% deductible as a professional charge for the company |
| Exit taxes | Around 15,85% of the capital paid at retirement:
|