Redford Securitied Limited - 泓福證券有限公司

Fees & Charges

Fee Payable Upon	Fee (where applicable)	Fee Payable	Amount (HK$)
Creation Application to Issue Units	Prepayment of Service Fee*
	Transaction Fee	The Trustee, and The Service Agent	HKD3,900 per Application and HKD1,000 per book entry deposit and withdrawal transaction
	Application Cancellation Fee (will be refunded if no cancellation)	Trustee	HKD10,000
	Extension Fee (will be refunded if no extension)	Trustee	HKD10,000
	Fees and Charges imposed by Redford	Redford	Decide upon submission of the Application of Creation
	Physical Gold Delivery Fee	As applicable	Decide upon submission of the Application of Redemption
	Fees payable by all investors in respecting of dealings in the Units on HKEX
	(1) Brokerage	Redford	Decide upon submission of the Application of Creation
	(2) Transaction Levy	SFC	0.0027% of the price of the Units
	(3) AFRC Transaction Levy	Accounting and Financial Reporting Council	0.00015% of the price of the Units
	(4) HKEX trading fee	HKEX	0.00565% of the price of the Units
	(5) Stamp Duty	NIL	NIL
Redemption Application to Redeem Units (in Cash)	Prepayment for Service Fee*
	Transaction Fee	The Trustee, and The Service Agent	HKD3,900 per Application and HKD1,000 per book entry deposit and withdrawal transaction
	Application Cancellation Fee (will be refunded if no cancellation)	Trustee	HKD10,000
	Extension Fee (will be refunded if no extension)	Trustee	HKD10,000
	Fees and Charges imposed by Redford	Redford	Decide upon submission of the Application of Redemption
	Fees payable by all investors in respecting of dealings in the Units on HKEX
	(1) Brokerage	Redford	Decide upon submission of the Application of Redemption
	(2) Transaction Levy	SFC	0.0027% of the price of the Units
	(3) AFRC Transaction Levy	Accounting and Financial Reporting Council	0.00015% of the price of the Units
	(4) HKEX trading fee	HKEX	0.00565% of the price of the Units
	(5) Stamp Duty	NIL	NIL
Redemption Application to Redeem Units (in-Physical Gold)	Prepayment for Service Fee*
	Transaction Fee	The Trustee, and The Service Agent	HKD3,900 per Application and HKD1,000 per book entry deposit and withdrawal transaction
	Application Cancellation Fee (will be refunded if no cancellation)	Trustee	HKD10,000
	Extension Fee (will be refunded if no extension)	Trustee	HKD10,000
	Fees and Charges imposed by Redford	Redford	Decide upon submission of the Application of Redemption
	Physical Gold Delivery Fee	As applicable	Decide upon submission of the Application of Redemption
	Fees payable by all investors in respecting of dealings in the Units on HKEX
	(1) Brokerage	Redford	Decide upon submission of the Application of Redemption
	(2) Transaction Levy	SFC	0.0027% of the price of the Units
	(3) AFRC Transaction Levy	Accounting and Financial Reporting Council	0.00015% of the price of the Units
	(4) HKEX trading fee	HKEX	0.00565% of the price of the Units
	(5) Stamp Duty	NIL	NIL

Version updated：December 2016

* We reserve all rights to make adjustment on the above Fees and Charges, please check the latest rate of Fees and Charges on our website before each application of transaction.
* “Prepayment for Service Fee”- A Prepayment for Service Fee should be paid in advance before submitting the application of transaction to the Fund Manager officially and it will be refunded after deduction of all fees and charges occurred during the transaction.
- Any bank administration fees or charges related to the Funds deposited by the Customer would be charged and shown in the Customer Account balance.