Product Information Sheet - Terms & Conditions for Ginmon TopZins
(as recommended by the German Ministry of Consumer Protection)
Interest Rate
2.98% p.a. (variable)
Product Name
Ginmon TopZins
Product Category
Money Market Funds
Provider/Issuer
DWS
Fees
All-in service fee: 0.30% p.a.; Total Expense Ratio (TER): 0.10% p.a.
Product Description
Ginmon TopZins is an investment with a variable interest rate, which Ginmon can increase or decrease at any time. Deposits and withdrawals to a specified reference account (current account) are possible at any time. The interest rate is linked to the current Euro Short-Term Rate (€STR). The interest rate is granted until the date of a withdrawal or, if earlier, until the date of a reduction of the Euro Short-Term Rate (€STR) by the European Central Bank.
Risks
Price Risk/Business Risk
The historical variation around the current performance of this investment averages 0.1% per annum.
Issuer Risk/Credit Risk
The amount invested is treated as separate assets and is therefore protected in the event of insolvency.
Foreign Currency Risk
No risk
Return on Investment
Ongoing yields
The interest return is reflected in the performance of the ETF. It is calculated daily and reinvested daily in the money market fund.
Money Withdrawal
A withdrawal may be ordered any day without notice.
Taxation under German Law
If taxed under German law, interest income will be subject to the German withholding tax (Abgeltungsteuer) as well as the solidarity surcharge and, if applicable, church tax.
Other
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Status as of 18.12.2024