Costs

MAP reduces the cost of delivering benefits through:

  • Shared operational costs
  • Reduced opportunity costs
  • Benefit from economies of scale

All Inclusive Administration fee includes all of the MAP's expenses such as:

  • Member administration/communication fees
  • Accounting fees
  • Audit fees
  • Legal and Compliance fees
  • Transfer and Exit fees
  • Consulting fees
  • Switching fees

The Fees Disclosure Statement (FDS), which provides an explanation of the fees and costs of the MAP Fund is available on the members section of the Fund website. You can also request copies by calling us on +357 22 458011 or emailing us at please enable javascript to view the email.

 Did you know?

Small differences in both investment performance and fees can have a substantial impact on your long term returns. For example, total annual fees and costs of 2% of your fund balance rather than 1% could reduce your final return by up to 20% over a 30 year period (for example, reduce it from €100.000 to €80.000).

 Indirect costs

Investment management fees

An indirect cost is any amount that reduces your investment return. Indirect costs can vary depending on each investment option you choose. This fee covers the fees of the external fund managers managing your investments, and custodial fees. Different investment management fees apply based on the investment option you choose.

MAP combines best-in-class administration with an unsurpassed investment approach that delivers unbiased, sophisticated portfolios with the benefit of an institutional investment solution with increased buying power from greater scale and reduced investment manager costs. This enables employers to minimize risk, control fees and assist members with the expertise and tools they need to achieve retirement readiness.

MAP leverages Aon's increased buying power to provide the lowest possible investment management fees with the world's best asset managers. As a result MAP provides more cost-effective choices than what is typically available, leading to Better Member Outcomes.