Fees at a glance:
Administration: 0.125% quarterly
Consultation: $225 / hour
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. Please consult a fund's prospectus or summary prospectus for details.
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 fees.² These accounts may also invest in almost any security through a Saturna Brokerage Services brokerage account, subject to the Saturna Brokerage Services commission schedule.
401(k) Plans administered by Saturna Capital are subject to a fee schedule, including an annual administration fee and mutual fund expenses, and may include brokerage commissions depending upon plan options.
¹ Essentially an annual administration fee of 0.5%, with a minimum of $1,000 per year.
² Shareowners 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 $10 per year per account.