Trust Fees at a glance:
Administration: 0.125% quarterly
Consultation: $225 / hour
Invesment Management: variable
Self-directed Trading: commissions
401(k) Plans: $750 + 0.25% / year
Fees
Saturna Trust Company follows the high-value low-charge philosophy summarized by Saturna Capital’s "Value for your Money" motto. The following outlines the basic charges on fees and services available through Saturna Trust Company.
At each calendar quarter-end, administration fees on Trust or other accounts are 0.125% of quarter-end assets, with a minimum fee of $250.¹
Saturna’s trust and estate advisors are available for consultation with clients at the rate of $225 per hour. There is no charge for initial consultation and review of a prospective client’s current estate plan.
Accounts electing private investment management from Saturna Capital Corporation pay a separate advisory fee, as detailed in the Investment Counsel brochure. The annual advisory fee for private Investment Management Accounts is $2,500, plus 0.5% of the first $5 million and 0.4% on amounts over $5 million; with a minimum quarterly fee of $1,250 (minimum $5,000 annually). There are no brokerage commissions when managed account securities are traded through Saturna Brokerage Services.
Accounts invested in Saturna Capital Corporation’s affiliated mutual fund portfolios do not pay a separate investment management fee, as fees for investment management and other services are included in the mutual fund’s expenses. Neither are there any transaction fees, as Saturna no-load funds have no purchase or redemption charges.²
Accounts electing self-directed trading with Saturna Brokerage Services, Inc. are not charged an investment management fee, but brokerage commissions at discount rates do apply.³
401(k) Plan fees are composed of both a flat annual administrative fee and a possible fee based on year-end plan assets. Presently those fees are $750 and 0.25% of year-end plan assets. For assets invested in Saturna Capital mutual funds, the 0.25% asset fee is offset by an equal credit from the mutual fund.
Accounts invested in Individual Retirement Accounts (IRA), Health Savings Accounts (HSA), and Educational Savings Accounts (ESA) using only the Saturna Capital no-load mutual funds pay no extra retirement plan fees4. These accounts may invest in almost any security through a Saturna Brokerage Services brokerage account, for which there is a $25 per year fee to Saturna Trust.
¹ Essentially an annual administration fee of 0.5%, with a minimum of $1,000 per year.
² A 2% early redemption fee is charged on fund shares held less than 90 calendar days.
³ See the Guide to Saturna Brokerage for the commission schedule and other applicable information.
4Shareowners of these funds receive these retirement plan services as part of the Saturna Capital transfer agency services, for which each fund pays Saturna Trust a separate servicing fee of $1 per month per account.
