The monthly fee is charged when you first have a Spaceship Voyager portfolio with a balance of $100 or more, and monthly thereafter on or around the same date.

For example, if the balance of your Spaceship Universe Portfolio reaches $105 on the 8th of a month, your fee will be assessed on or around the 8th of each month thereafter, and you’ll be charged shortly after.

The monthly fee is deducted by redeeming units from your primary portfolio.

The management fee accrues daily and is payable monthly in arrears. It is deducted from each fund’s assets and reflected in each fund’s unit price.

Please see the relevant Product Disclosure Statement and Reference Guide for more information.