The Nordic Swan Ecolabel licence is valid in all Nordic countries. The annual licence fee is based on the size of the assets under management (AUM) that Nordic unitholders hold in the Nordic Swan Ecolabelled fund. Therefore, this amount must be reported once a year according to instructions from Nordic Ecolabelling. Based on the reported amount, the licence fee is calculated and invoiced by the Nordic Ecolabeling secretariats respectively.
NB! Application for this product group should take place via Ecolabelling Sweden AB - click here for more information
|Type of fee
|Application fee including one on-site inspection within the Nordic countries
|EUR 3,000 (per fund) excl. VAT
EUR 2,000 (per fond) excl. VAT Index funds shall base their application on an index that has been evaluated och approved by Nordic Ecolabelling.
EUR 125 per hour excl. VAT
||EUR 1,500 (per fund) excl. VAT
|Annual Nordic licence fee
||The annual licence fee is based on the size (AUM*) and cost of the fund (TER**).
The licence fee is determined by calculating the average AUM held by Nordic unitholders (during the period of the year when the fund has had a valid Nordic Swan Ecolabel license). VAT is added.
TER of fund | Licence fee
≥ 1.00% 0.0015% of AUM*
<1.00 % 0.0014% of AUM*
<0.80% 0.0013% of AUM*
<0.60% 0.0012% of AUM*
|Annual fee, index providers
||EUR 1,500 (one-day inspection) + travel costs.
Please refer to "Fees for on-site inspections". If more than a working day is required for the inspection, an extra fee of EUR 125 per hour is charged.
|Minimum fee for Nordic region
||EUR 1,500 per fund / license + VAT per year
|Maximum fee for Nordic region
||EUR 10,000 per license and EUR 100,000 per group company - at least EUR 2,000 er fund + VAT per year.
|Fees for extensions/alternation of the licence:
|Extension/alteration of existing licence
||Fees will be charged according to how long it takes to deal with the matter:
< 4 hours: EUR 375 excl. VAT
< 8 hours: EUR 750 excl. VAT
≥ 8 hours: EUR 1,500 excl. VAT
|Fees for on-site inspections:
|Extra fee for additional on-site inspection within the Nordic countries
||EUR 500 excl. VAT per visit
|On-site inspection outside the Nordic region, but within Europe***
||EUR 1,500 excl. VAT per visit
|On-site inspection outside Europe***
||EUR 2,500 excl. VAT per visit
* AUM, Assets Under Management, is given as average for the year (the part of the year that is licensed)
** Total Expense Ratio
*** There is an extra fee of EUR 1,000 per day, if the inspection takes more than one day.
NB! Funds can also be marketed with the Nordic Swan Ecolabel outside the Nordic countries. The licence fee is based on the AUM that Nordic unitholders hold in the Nordic Swan Ecolabelled fund.
Published on 15-06-17
All information given on this site is subject to a disclaimer for errors and omissions.