Costs
As a customer, you should always know what you are paying and for what.
Here you will find all the information about our fees at a glance.
Modern Value
Baader
LLB
All-In Fee
Service Fee
Product Costs
Custody fees
Trans. fees
Perf. fee
1,2% p.a.
–
–
–
–
10%
1,5% p.a.
–
–
–
–
10%
Value Green
Baader
LLB
All-In Fee
Service Fee
Product Costs
Custody fees
Trans. fees
Perf. fee
1,2% p.a.
–
–
–
–
10%
1,5% p.a.
–
–
–
–
10%
Best of Funds
Baader
LLB
All-In Fee
Service Fee
Product Costs
Custody fees
Trans. fees
Perf. fee
–
0,99% p.a.
∼0,65% p.a.
–
–
10%
–
1,19% p.a.
∼0,65% p.a.
–
–
10%
Asset Protect
LLB
All-In Fee
Service Fee
Product Costs
Bank charges
Perf. fee
1,19% p.a.
–
–
–
–
Select custodian bank:
Costs (from €20,000 investment amount)
Modern Value
Value Green
Best of Funds
Asset Protect
All-In Fee
1,20% p.a.
1,20% p.a.
–
1,19% p.a.
Service fee
–
–
0,99% p.a.
–
Product costs
The level of the product costs depends on
the selected risk class and can
can range from 0.5% p.a. (Best of Funds 20)
to 0.8% p.a. (Best of Funds 100).
–
–
~0,65% p.a.
–
Performance Fee
10%
10%
10%
–
Costs (from €50,000 investment amount)
Modern Value
Value Green
Best of Funds
Asset Protect
All-In Fee
1,50% p.a.
1,50% p.a.
–
1,19% p.a.
Service fee
–
–
1,19% p.a.
–
Product costs
The level of the product costs depends on
the selected risk class and can
can range from 0.5% p.a. (Best of Funds 20)
to 0.8% p.a. (Best of Funds 100).
–
–
~0,65% p.a.
–
Performance Fee
10%
10%
10%
–
Lower costs and even more custodians?
For larger investment sums, there are further investment options available to you
"All-In" Cost model
Our costs are all-in: this means that all fees (for account and custody account management, securities transactions and asset management fees) are included. Only in the case of our “Best of Funds” strategy are product costs for the funds used added.
Service fee
+
Custody fee
+
Bank charges
+
Transaction costs
=
All-In Fee
If we reach a new performance peak within a year, a performance fee of 10% is added to the gains (according to the high-water mark principle, you can find out more about this here).
Select custodian bank:
Costs (from €20,000 investment amount)
Modern Value
Value Green
Best of Funds
Asset Protect
Service fee
0,90% p.a.
0,90% p.a.
0,69% p.a.
1,19% p.a.
Bank charges
0,30% p.a.
0,30% p.a.
0,30% p.a.
–
Product costs
The level of the product costs depends on
the selected risk class and can
can range from 0.5% p.a. (Best of Funds 20)
to 0.8% p.a. (Best of Funds 100).
–
–
~0,65% p.a.
–
Performance Fee
10%
10%
10%
–
Costs (from €50,000 investment amount)
Modern Value
Value Green
Best of Funds
Asset Protect
Service fee
1,17% p.a.
1,17% p.a.
0,86% p.a.
0,86% p.a.
Bank charges
0,33% p.a.
0,33% p.a.
0,33% p.a.
0,33% p.a.
Product costs
The level of the product costs depends on
the selected risk class and can
can range from 0.5% p.a. (Best of Funds 20)
to 0.8% p.a. (Best of Funds 100).
–
–
~0,65% p.a.
–
Performance Fee
10%
10%
10%
–
Lower costs and even more custodians?
For larger investment sums, there are further investment options available to you
"All-In" cost model
Our costs are all-in: this means that all fees (for account and custody account management, securities transactions and asset management fees) are included. Only in the case of our “Best of Funds” strategy are product costs for the funds used added.
Service fee
+
Custody fee
+
Bank charges
+
Transaction costs
=
All-In Fee
If we reach a new performance peak within a year, a performance fee of 10% is added to the gains (according to the high-water mark principle, you can find out more about this here).
Custodians
Choose Baader Bank, based in Germany, or Liechtensteinische Landesbank (LLB), with the unique advantages of Liechtenstein as a financial center, as your custodian bank.
For a private pension plan with Estably and Prosperity, your custody account will be opened at St. Galler Kantonalbank in Switzerland.
About Baader Bank
The German Baader Bank has a state-of-the-art technological infrastructure and is one of the leading investment banks in Germany.
Deposit guarantee:
Up to €100,000
Minimum investment amount:
20.000 €
About the LLB
Founded in 1861, the LLB boasts an above-average equity ratio and has the Principality of Liechtenstein as its main shareholder.
Deposit guarantee:
Up to CHF 100,000
Minimum investment amount:
50.000 €
About the St. Galler Kantonalbank
The regionally rooted universal bank has been advising and serving private and business customers on all aspects of money for over 150 years.
Deposit insurance:
Up to CHF 100,000
Minimum investment amount:
50 € per month via the Estably Retirement Plan
You do not have the minimum investment amount?
Thanks to our cooperation with prosperity solutions AG, you can save our portfolios for your private old-age provision from as little as €50 per month and still save on taxes!
Bottom line: more performance.
How do we perform after deducting all costs?
The following chart shows the return of our Value 100 strategy after the deduction of all costs (all-in fee + performance fee) compared to the offensive strategies of other providers on the German market:
12-month performance of the robo-advisors on the German market after deduction of costs: The blue bars represent the total costs already deducted (composed of service fees, fund costs, and performance fees). The offensive strategies of all providers were used for comparison. Data source: biallo.de. Performance date: 31 July 2021
Bottom line: more performance.
How do we perform after deducting all costs in a performance comparison?
The following chart shows the return of our Value 100 strategy after deduction of all costs (all-in fee + performance fee) compared to the offensive strategies of other providers on the German market:
12-months-performance of Robo-advisors on the German market after deduction of costs: The blue bars represent the total costs already deducted (composed of service fees, product costs, and performance fees). The offensive strategies of all providers were used for comparison. Data source: biallo.de. Performance date: July 31, 2021
Performance Fee (High-Water-Mark)
The High Water Mark ensures that we only charge a fee if we take your assets to a new high. You can find more information on this in our High Water Mark explanation video.
