You invest in the UpToMore Fund, and that fund invests in ETFs.
The providers of those ETFs also charge fees — these are already included in the price of the ETF.
On average, ETF fees are around 0.17% per year (this varies per ETF — check our website for the latest figures).
Total costs? On average, about 0.3% to 0.4% per year on your invested amount
(0.2% management fee + approx. 0.17% ETF fees)
Good to know: ETF fees always apply, no matter where or how you invest in them.