1. The 'Charges' section shall contain a narrative explanation of each of the charges specified in the table including the following information:
(a) with regard to entry and exit charges:
(i) it shall be made clear that the charges are always maximum figures, as in some cases the investor might pay less;
(ii) a statement shall be included stating that the investor can find out the actual entry and exit charges from their financial adviser or distributor;
(b) with regard to 'ongoing charges', there shall be a statement that the ongoing charges figure is based on the last year's expenses, for the year ending [month/year], and that this figure may vary from year to year where this is the case.
2. The 'Charges' section shall contain a statement about the importance of charges which shall make clear that the charges an investor pays are used to pay the costs of running the UCITS, including the costs of marketing and distributing the UCITS, and that these charges reduce the potential growth
…