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 two investment solutions with easyvest :
Easyvest's management fees are between 0,5% 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 |
| More than 250.000 € | 0,50%/yr incl. VAT |
The valuation of the assets under management is calculated on 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 charge on the portfolio value 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 0.3% 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-ETFs in the form of distribution units of Belgian or foreign SICAV/Fs listed by the FSMA or a competent authority of the EEA |
0,12% |
0,12% |
1.300 € |
|
Tracker-ETF in the form of capitalization units of foreign SICAV/Fs registered with an EEA supervisory authority |
0,12% |
0,12% |
1.300 € |
|
Tracker-ETF in the form of units of Belgian or foreign SICAV/Fs registered with the FSMA |
1,32% |
1,32% |
4.000 € |
|
Tracker-ETFs in the form of capitalization or distribution units of foreign SICAV/Fs not registered with an EEA supervisory authority |
0,35% |
0,35% |
1.600 € |
|
Tracker-ETFs in the form of Belgian or foreign mutual funds registered with the FSMA or with an EEA supervisory authority |
0,12% |
0,12% |
1.300 € |
|
Tracker-ETFs in the form of foreign mutual funds not registered with an EEA supervisory authority |
0,35% |
0,35% |
1.600 € |
|
Tracker-ETFs (not in the form of SICAV/SICAF or FCP) |
0,35% |
0,35% |
1.600 € |
Trackers with more than 25% 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.
Life insurance contracts are is used primarily in pension planning and occasionally in estate planning. They can take the form of CIPA, PIPA, FSP, NIHDI contracts, pension savings, long term savings, group insurance and non-tax life insurance.
Two types of fees are charged on a life insurance contract:
The entry fees are applied on each premium paid for contracts offered by easyvest and decrease with the amount of the premium:
| You pay a premium of | The entry fee charged is |
|---|---|
| 0 € - 10.000 € | 1,00% of the premium tax incl. |
| More than 10.001 € | 0,50% of the premium tax incl. |
Life insurance can consist of class 21 and/or class 23 for which different management cost are applicable:
The management fees of the class 21 are proportional to the amount invested in the class 21 contract, with a minimum and maximum annual charge:
| Your class 21 is worth | Your management fee are |
|---|---|
| 9.600 € | 24 € /yr tax incl. |
| 9.601 € - 28.799 € | 0,25%/yr tax incl. |
| More than 28.800 € | 72 €/yr tax incl. |
The management fees of the class 23 are proportional to the amount invested in the class 23 contract:
| Your class 23 is worth | Your management fee are |
|---|---|
| For all amounts | 1,5% /yr tax incl. |
The management fee of the equity tracker of our class 23 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 or its insurer.
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:
| NIHDI contract | |
|---|---|
| Contribution on premium | 10% (entitles to an incapacity insurance) |
| Entry taxes | None |
| Tax advantage | 100% contributed by the NIHDI |
| Exit taxes | 22,17% of the capital paid at retirement:
|
| FSP - Free Supplementary Pension for the Self-employed | |
|---|---|
| Entry taxes | None |
| Tax advantage | Deductible at 100% as a professional charge, i.e. no professional withholding tax or social contributions |
| Exit taxes | 22,17% of the capital paid at retirement:
|
| Social FSP | |
|---|---|
| Contribution on premium | 10% (entitles to an incapacity insurance) |
| Entry taxes | None |
| Tax advantage | 100% deductible as a professional charge, i.e. no professional withholding tax or social contributions |
| Exit taxes | 22,17% of the capital paid at retirement:
|
| 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:
|
| PIPA - Personal Individual Pension Agreement for the Self-employed | |
|---|---|
| Entry taxes | 4,40% of the premium |
| Tax advantage | 30% deductible investment within the 80% rule |
| Exit taxes | Around 15,85% of the capital paid at retirement:
|
| Group Insurance 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:
|
| Pension savings | |
|---|---|
| Entry taxes | None |
| Tax advantage | 30% of the amount invested deductible |
| Exit taxes | Around 9% of the capital paid at 60 years old:
|
| Long-term Savings | |
|---|---|
| Entry taxes | 2.00% of the premium |
| Tax advantage | 30% of the amount invested deductible |
| Exit taxes | 10% of capital paid at 60 years |
| Non-tax life insurance | |
|---|---|
| Entry taxes | 2.00% of the premium |
| Tax advantage | No deductibility on premiums paid |
| Exit taxes | None, beyond 8 years of investment |