No conflicts of interest
As regards our tariffs, CEFISA figures among the first practitioners in the market to have clearly adopted a transparent approach and one that is free from any conflicts of interest:
we have negotiated with our depository banks tariff agreements excluding retrocessions, and including custody rights, brokerage and charges from correspondents. The administrative costs are thus determined according to the size of the portfolio and not according to the number of operations carried out
any occasional retrocession from a third party are to the benefit of the client
our revenues are derived directly and exclusively from our clients
finally, a proportion of our fees is linked to performance
This approach thus enables us to focus our efforts essentially on the quest for performance on behalf of our clients, and not on the generation of commissions.