Ausbil Investment Management Limited has issued an important update concerning the fees and costs associated with several of its active exchange-traded funds (ETFs) listed on the ASX. Ausbil is an Australian investment management firm that acts as the responsible entity for a range of investment funds. The update revises the Product Disclosure Statements (PDS) and Additional Information Guides (AIG) for funds including the Ausbil Active Sustainable Equity Fund (ASX: ASUS), Ausbil Active Dividend Income Fund (ASX: DIVI), Ausbil Global Essential Infrastructure Fund (Hedged) (ASX: GHIF), Ausbil Global SmallCap Fund (ASX: GSCF), and Candriam Global Sustainable Equity Fund (ASX: GSUS), detailing information for the financial year ending 30 June 2026.
The announcement details management fees and costs, which encompass a management fee, indirect costs, and any recoverable expenses. For the 2025/26 financial year, ASUS and GHIF report management fees and costs of 1.00%, DIVI at 0.85%, and GSUS at 0.55%. GSCF’s management fee and costs are 1.07%, reflecting a reduction from 1.20% to 0.90% per annum, effective 30 January 2026. Performance fees were not charged for ASUS, DIVI, GHIF, or GSUS. GSCF recorded performance fees of 0.00% for the period, with its five-year average performance fee noted at 0.49% per annum.
Additionally, the update outlines transaction costs, defined as expenses incurred when a fund buys or sells assets like brokerage and settlement. These costs are incorporated into each fund’s unit price. For the 2025/26 financial year, net transaction costs, after accounting for buy/sell spread recovery, are 0.01% for ASUS, 0.29% for DIVI, 0.13% for GHIF, 0.16% for GSCF, and 0.00% for GSUS. Ausbil highlighted that historical transaction costs may not indicate future costs and provided an example: an average $50,000 balance in GSCF would incur $80 in net transaction costs.
