ECONOMIC INFORMATION

Investors’ income

The net income from the investment of the assets of UG Market Maximum reflects in growth of the net value of Contract Funds’ assets, and from there – to the growth of the value of Fund’s shares.

Since UG Market Maximum does not apportion the income among the investors who own the shares of the Fund, they can assimilate the increased value of their investment in capital profit form (positive difference between the sale price and the price of shares’ achievement), i.e., if they sell their shares to the Fund or to other individual.

Taxation

Corporative taxation of UG Market Maximum: As Contract Fund, UG Market Maximum profit, is not се assessed by corporative taxation.

Income assess for the shareholders of the Fund. The income of the deals with shares of the Fund in cases of reverse buying of the shares or sale of the shares on the Stock Exchange (capital profit), are not assessed.

Concerning incomes connected with their shares, it is of investor’s interest to consult about concrete taxation subjects the taxation experts.

Expenses for investment

Expenses connected with the investment in UG Market Maximum.

Expenses paid by investors.

The investors, who wish to buy stakes of UG Market Maximum, do not pay expenses for purchase of the stakes, i.e. the issue value of the stakes is not increased by their sale expenses.

The shareholders of UG Market Maximum pay the expenses at the following bought up of the stakes by the Fund at the rate of 2 (two) per cent of the net value of the shares of one stake, as discount of the price of the return purchase, to cover the expenses of this return purchase of the stakes.

Investors/owners of stakes are not obliged with fees for additional services, rendered them by the Managerial Association.

If the investors buy and sell stakes of UG Market Maximum at Bulgarian Stock Exchange and use the services of investment brokers, they may pay additional fees and commissions.

Expenses paid by the Fund.

These expenses are discounted from the assets of UG Market Maximum and indirectly are bared from all stake owners. In accordance with the prognoses of the Managerial Association, the maximum annual expenses of UG Market Maximum, as a percentage of the annual average net value of its assets are:

Total annual expenses that are for Contract Fund’s expense

They will not exceed 5.00 % of the annual middle net value of the assets and will be in accordance with the normative requirements for their maximum extend.