Rates

ENTITY:
Denomination: IGNASI VEGA HORS ASF
Registered office: Avda. Meritxell 31, Ed Diamant 3er
AD500 Andorra la Vella
Nº AFA: ASF-01/23

1- General notes

This tariff information brochure is published in compliance with the regulations in force. The brochure contains the maximum rates to be applied by IGNASI VEGA HORS ASF to its customers for the provision of services in those operations of a regular nature. However, in those services provided by the Financial Advisor in relation to stock market operations that may be considered unique, the Financial Advisor and the client will mutually agree on the remuneration to be received for that.
In accordance with the provisions established in CT 5/2020 SF Transparency and information to customers, the ASF will provide the customer with information on the effectively applicable rates and certify its delivery at the time of contracting.

2- Entry into force

This information brochure will enter into force on the date of the start of the activities, and made available to the public at the business offices, being the same in use until it is sent to the AFA, a new brochure or modification of the same, for its control and registration.

1. INVESTMENT ADVISORY
1.1. Continuous advice with a contractual relationship with the client

Advice on investing in securities will be charged in accordance with the contractual conditions agreed with the client, which in any case will be governed by the following maximum rates, which may be charged individually or in combination with each other:

The fee on the amount of the advised portfolio will accrue for overdue months or quarters. In case of cancellation of the contract of the contract, the percentage corresponding to the days elapsed until the end of the contract will be applied for the month or quarter. The basis for calculating the commission will be the average assets of the month / quarter, calculated as the average of the assets at the beginning of the month / quarter and at the end of the month / quarter and will be charged monthly or quarterly.

The portfolio revaluation fee will be accrued for overdue quarters. In case of cancellation of the contract, the percentage corresponding to the days elapsed until the end of the contract for the quarter will be applied. The basis for calculating the commission will be the revaluation of the portfolio at the end of each quarter, calculated as the difference between the equity at market prices at the end of the quarter and at the beginning of the quarter, deducted, if applicable, the net contributions of capital (contributions minus refunds) and will be charged quarterly.

1.2. Assessorament puntual no continuat al client 

L'assessorament puntual sobre inversions en mercats de valors a clients amb els quals no hi ha una relació continuada es cobrarà per consulta realitzada. 

El nombre d'hores per consulta serà prèviament acordat entre les parts en el contracte. La tarifa màxima per hora de consulta és de 300 euros, aplicant-se la part proporcional per a períodes inferiors a l'hora. 

1.3. Preparation of investment reports and investment analyses

The preparation of investment reports and investment analyzes will have a maximum hourly rate of 300 euros, applying a minimum of 1 hour of service for each report and/or investment analysis.

2.- ADVICE TO COMPANIES ON CAPITAL STRUCTURE, INDUSTRIAL STRATEGY AND RELATED ISSUES

The advice will be charged in accordance with the contractual conditions agreed with the client, which will take into account the necessary hours of dedication and the fees of the professionals who need to be hired to carry it out.

3. – EFFECTIVE EXPENSES

All expenses incurred on behalf of the customer, such as travel expenses, reprographics or others, will be charged, as long as they have been communicated to the customer and explicitly accepted by him.

4.- APPLICATION OF TAXES

The commissions and fees received are charged with the I.G.I. or tax that corresponds according to current regulations.

5.- CUSTOMER INFORMATION

Entities must inform clients of any changes to commission rates and retributable expenses that may apply to the established contractual relationship. The communication must be written, but can, however, be incorporated into any periodic information that must be provided to them.

Customers will have a period of two months from the receipt of the aforementioned information to modify or cancel the contractual relationship without, until this period has passed, the modified rates will be applicable to them, notwithstanding that they must be applied to customers who establish their commercial relations after the modification. However, in the event that this modification clearly implies a benefit to the customer, they must be applied immediately.