PAY LESS,
EARN MORE

Investing with Finax will save you fees,
allowing you to pocket a higher return.

A penny saved is a penny earned.

Benjamin Franklin
Benjamin Franklin

Finax will allow you to invest with minimum fees, keeping higher returns

  • Only one fee - 1% p.a. (+ VAT) for portfolio management
  • No entry fee
  • No transaction fees
  • No performance fees charged on profit
  • No exit fees
  • No hidden charges
Average investment costs
Entry fee
Ongoing fees
Finax
0%
1.2%
Mutual funds
1.7%
1.7%
Comparison of costs associated with an investment in Finax’s Intelligent Investing portfolios and the average of the 10 largest mutual funds in Slovakia as of 16.6.2023 (data source: Key Information Documents of the included mutual funds).

Impact of fees on investment results

We compared the impact of costs on investment results in Finax and in the 10 largest mutual funds in Slovakia.

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We use a simple average of the entry and ongoing costs of these funds set out in their Key Information Documents as of 16.06.2023. The included funds are 365.invest Real Estate, AM SLSP Maximised Income Fund, Eurizon AM Slovakia Dynamic Portfolio, IAD First Real Estate, Eurizon AM Slovakia Equity Portfolio, AM SLSP Active Portfolio, TAM Real Estate, AM SLSP Global Renta, J&T BOND EUR Mixed and TAM Bond.

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The example of a one-time investment involves investing an amount of 50 000 € in equity funds for a period of 30 years. The return is constant - 8% per year. Ongoing fees are charged once a year in the model. At the end of each year, the fee is deducted from the investment’s value adjusted for appreciation. The entry fee is deducted from the total amount invested at the beginning of the model's time horizon. The actual amount invested is thus reduced by this fee. The resulting amounts are rounded to the nearest €100.

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The example of a regular investment assumes depositing €100 every month for 30 years. The return is constant - 8% per year. Each monthly deposit is reduced by the amount of the entry fee. Ongoing fee (equivalent to one-twelfth of the annual fee) is charged each month on the total value of the account, excluding the new monthly payment. The appreciation is calculated on a compounded basis each month. The resulting amounts are rounded to the nearest €100.

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Entry fees for mutual funds are the simple arithmetic average of these fees for the 10 largest mutual funds in Slovakia. Key Information Documents serve as the source of these data. Finax does not charge any entry fee.

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Ongoing fees include the funds' management fees, custodian fees, transaction costs, and other ongoing charges. Management fees for competing funds are a simple arithmetic average of the 10 largest mutual funds as of 16.06.2023. Key Information Documents serve as the source of these data. Investment costs of Finax products include the portfolio management fee.

One-time investment of 50 000 €
in stock markets at an 8% annual return

Fees
Entry fee 
Ongoing fees 
Finax
0%
1.2%
Competitors
1.7%
1.7%
Investment result
10 years
20 years
30 years
95 700 €
183 100 €
350 300 €
89 400 €
162 600 €
295 700 €

Regular investment of 100 € every month
(saving) in stock markets at an 8% annual return

Fees
Entry fee 
Ongoing fees 
Finax
0%
1.2%
Competitors
1.7%
1.7%
Investment result (total deposits over 30 years: 36 000 €)
10 years
20 years
30 years
17 000 €
49 500 €
111 600 €
16 300 €
45 800 €
99 500 €

Want to get started with investing?

  • Low-cost investing is no longer accessible only to the rich
  • Fees are a crucial determinant of the investment outcome
  • Most investment products offered in Slovakia charge unnecessarily high fees
  • Pay less, earn more
  • Find out what fees are charged by your banks or funds
Learn more

Create an investment plan today

I want to invest € a month.
My goal is to save for retirement
  • save for retirement
  • save for my children
  • create an emergency fund
  • buy a property
  • build wealth
.
We are happy to advise you!
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