Due to our high total volume, we receive extremely attractive preferential conditions from our main depository banks Credit Suisse, Julius Baer, UBS, Zürcher Kantonalbank and Zuger Kantonalbank. These flow directly and in full to you as our client in the form of net conditions for custody account fees and brokerage fees. Thus, part of our fee
is already covered by the costs saved on the bank. In addition, in our function as an external asset management company, we represent your interest vis-à-vis the chosen depository bank and monitor them using our in-house controlling system.