Fund Basics

Are there funds that charge performance fees?

La versione italiana di questa pagina è in preparazione. Fino ad allora il testo è mostrato in inglese.

A performance fee is a fee the asset manager receives, calculated in a predetermined way linked to the fund's performance.

The FSCMA prohibits performance fees in principle but allows them for private funds, or for public funds in cases prescribed by law, such as where they pose no problem for investor protection. Funds that charge performance fees must state the calculation method and related details in the prospectus and the collective investment rules, so check these before investing.

Source: Financial Investment Services and Capital Markets Act, Part 2 Financial Investment Business, Chapter 4 Rules of Business Conduct [effective 2026-10-02] (Articles 85 to 99)
Last updated: 14/10/2026

This answer is general financial information as of 14/10/2026, not investment advice. Rules and tax rates change, so please also check the latest guidance from the source institution.