Management and Service Fee

Minimum Investment Value Gold: 200 Troy oz (Purchase and Transfer for Storage)

GoldSwitzerland ships client’s existing gold stock from anywhere in the world for storage in Switzerland.

The minimum per vault location is 100 troy oz.
Gold can be purchased in 100gram(3.215oz), 1 kilo(32.148oz) and 400oz (variable weight) bars.
Payment and reporting in CHF, USD, EUR, GBP, CAD or AUD.

GOLD / SILVER – Annual Service Fees:

Total Account Value *
Institutional Investors & UHNW – please contact us Gold Silver
CHF 12,000,000 – CHF 25,000,000 0.65% p.a. 0.85% p.a.
CHF 8,000,000 – CHF 12,000,000 0.75% p.a. 1.00% p.a.
CHF 5,000,000 – CHF 8,000,000 0.95% p.a. 1.20% p.a.
CHF 1,500,000 – CHF 5,000,000 1.05% p.a. 1.30% p.a.
CHF 700,000 – CHF 1,500,000 1.30% p.a. 1.55% p.a.
Value 200oz – CHF 700,000 1.55% p.a. 1.75% p.a.

Or approximate equivalent in USD, EUR, GBP, CAD and AUD.

* The service fee will be adjusted downward according to the above table if the total account value reaches the next level. This can be price movement of the metals or additional funding. Annual charges will never be adjusted upward.

The fees are payable in advance. The first period is 6 months, thereafter the fee is payable every three months in advance.

includes:

  • Vault storage of the gold
  • Insurance of the gold
  • All administrative matters in connection with the buying and storage of the gold
  • Early warning alerts and reports on the world economy and precious metals
  • Quarterly statement of the investor’s gold holdings or upon request
  • Private Investment advice and consultation relating to your investment

 

In addition there is a cost for customs clearance, handling, moving into the bonded/domestic warehouse and issuing the Certificate of Ownership or Warehouse Receipt every time the vault position changes. At first entry for a gold transaction value of under CHF650,000 the fixed fee is CHF600. For a gold transaction value of CHF650,000 and above the fee is CHF850. Thereafter vault handling charges are on a case by case basis depending on volume and will typically vary between CHF250 and CHF500.

The Gold Bullion market operations for clients

Buying Gold

MARKET PRICING GOLD: for physical Gold including transport and insurance:
Paper Spot + standard 0.30% for 100 gram bars. (For amounts under 30 kilo a surcharge of 0.35% applies until further notice)
Paper Spot + standard 0.30% for 1 kg bars. (For amounts under 30 kilo a surcharge of 0.35% applies until further notice)
Paper Spot + standard 0.15% for 400 oz (12 kg) bars.
Example: if the gold spot price is $1,750.00 per oz, investors will buy at $1,755.25 per troy oz. GoldSwitzerland always trades with the client at market cost and this will save the client a substantial trading margin in case of retirement of (part of) the account.

No VAT (Value Added Tax)
There is No VAT payable on Gold.
GoldSwitzerland offers its customers a very competitive Gold dealing price.
The price at which GoldSwitzerland buys or sells Gold for the investor is at the interbank spot price for physical Gold. This includes a small margin charged by the Bullion Bank for insurance and security transport of the physical metals to the private vaults.All Gold transactions can be executed directly versus the USDollar, Swiss Franc, Pound, Euro, Canadian Dollar or Australian Dollar.

Selling Gold on behalf of clients

For selling and handling physical Gold Bullion the following conditions apply:

  • Gold – Minimum weight 600 gram (ca. 19oz)
  • Gold – Sales commission: 0.5% with a minimum of CHF 350.
  • Vault handling charges for outgoing physical metal can vary between 500 and 1,500 CHF depending on quantity. This includes the handling and release from the vault, customs clearance and re-issuing a new warehouse receipt to the client.
Matterhorn Asset Management AG, Zurich
Tel: +41 44 213 62 45 - Fax: +41 43 456 97 11

©2014 GoldSwitzerland