Choosing the Good Life

This section makes it easier for you to understand the cost of your investment. It shows the total direct fees and indirect costs that affect your investment during the reporting period.

Total fees you paid are calculated as follows:


Indirect costs
(Other Management Costs)
..
+
Direct
fees
..
=
Total fees
you paid

Indirect costs

This is the dollar value of indirect costs (costs that are not charged directly to your account). Indirect costs are shown as Other Management Costs.

Direct fees

This is the total of all direct fees and charges as itemised in the detailed transactions section of your statement.
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As at 30th March 2011, AXA Asia Pacific Holdings Limited and all of its Australian and
New Zealand subsidiaries ceased to be members of the Global AXA Group and became members of the AMP Group.