The fund manager, BlackRock, applies an annual management fee of 0.10% to the total income earned by the fund, which is deducted before any money is paid out. The fee you pay to Mintos is 0.19% per annum on your invested capital in Smart Cash, deducted automatically from your interest payments. The potential rate shown on this page is after BlackRock’s management fee and before the fee paid to Mintos.

Example: You’ve invested €1000 in Smart Cash for 30 days, and the fund has earned a constant interest rate of 3.9% after BlackRock’s management fees. Your interest payout is €3.21 (€1000 x 3.9% x 30 / 365). The fee kept by Mintos is €0.16 (€1000 x 0.19% x 30 / 365). Your total return is €3.05 (€3.21 - €0.16) or 3.7% per annum.