DISC 6.1 General

1. (1) The costs and charges information comprises all direct and indirect costs and charges associated with a consumer composite investment, expressed as:
   1. (a) the one-off entry costs figure;
   2. (b) the one-off exit costs figure;
   3. (c) the ongoing costs figure;
   4. (d) the transaction costs figure; and
   5. (e) performance fees and carried interests.
2. (2) The costs and charges information must be assessed, categorised, calculated and disclosed in accordance with the requirements of this chapter.
3. (3) The requirement in (2) is modified in relation to performance fees and carried interests, as applicable, which must be assessed, categorised and disclosed but need not be calculated.
4. (4) The costs and charges information also includes the explanations, descriptions or additional information required under DISC 6.3.2R and DISC 6.3.6R.

1. (1) All direct and indirect costs and charges (with the exception of performance fees and carried interests) associated with an investment in a consumer composite investment must be allocated to one of the following categories:
   1. (a) one-off entry costs;
   2. (b) one-off exit costs;
   3. (c) ongoing costs; and
   4. (d) transaction costs.
2. (2) In allocating costs and charges in accordance with (1), a manufacturer must not allocate the same cost or charge to more than one category.

The method for assessing costs and charges which are performance fees and carried interests is set out in DISC 6.3.6R.