Competitive costs

Every time you invest in a Bond or on maturity, a transaction ticket is issued by Eurivex Ltd and dispatched to you, outlining the amount invested, price, date and amount debited or credited to your account.

Eurivex charges 0.05% brokerage fee for every such transaction. There is also a €15 flat fee applied once annually for custody and safe keeping of your assets, irrespective of the amount invested.

To give an example, an investment on 1 July for €10,000 in the Credit Insured Bonds and €10,000 in the Recourse Bonds would involve the issue of two transaction tickets, incurring a total brokerage fee of €10 represented by 0.05% or €5 on €10,000 Credit Insured, and 0.05% or €5 on €10,000 Recourse Notes.

On maturity, 31 December, the brokerage fee of 0.05% is calculated on the total amount which also includes the return. This means on the Credit Insured Bonds, the return is €75 for six months, hence total is €10,075. So, the brokerage fee would be €5.04 and on the Recourse Bonds the return would be €150 for six months for a total amount of €10,150 and the brokerage fee would be €5.08.

Investment of €20,000 in both Bonds

Description

On 1 July €10,000 invested & Return after six months & On 31 December brokerage fees of 0.05%

Credit Insured

0.05% brokerage or €5 & 1.5% for €75 return & €10,075 or €5.04 fee

Recourse

0.05% brokerage or €5 & 3.0% for €150 return & €10,150 or €5.08 fee

Custody fee

€15 flat fee once annually

*There are no other fees applied when opening an account, depositing or withdrawing funds. Bank charges however apply and are for account of the investors.

Company

  • 18 Kyriacou Matsi Ave.

  • Victory Tower, 1 st floor

  • Nicosia 1082, Cyprus

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Disclaimer & Regulatory information
Eurivex Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), License number 114/10.
Company Reg. HE 255430. Headquartered and based in Cyprus, member of EU.

Risk warning: Investing in financial instruments and other derivatives involves a high degree of risk and may not be suitable to all investors. Trading in such financial instruments can result in both an increase and decrease in capital. If you invest through Eurivex Ltd, the value of investments may go down and your capital will be at risk. Eurivex Ltd operates a secondary market but there is no guarantee that all buy/sell orders will be completed at the desired prices and there is a risk that an order may not be completed in the Eurivex secondary market if there is no matching order. There is no guarantee that you will be able to exit early by selling your investment. Eurivex Ltd does not provide investment, tax or legal advice. If you are unsure about the suitability of an investment, you should speak to a financial adviser. Please refer to our Risk Warning available on our web site for further information.