In the quarterly report, we differentiate between various costs. These include, for example, service fees and the costs of the financial product. This way, you know exactly how your costs are structured. Below, we explain what these costs mean.
Service fees
Product costs
For converting orders in foreign currencies, a markup or markdown of 0.25% (0.12% for Portfolio management) on the mid-rate of the exchange rate determined by ING is charged. These costs are already included in the order amount.
"},"title":"Currency costs"},{"componentType":"paragraph","richBody":{"value":"Estimated trading costs refer to the difference between the purchase or sale price (also known as the bid/ask spread) relative to the mid-rate of an instrument or the intrinsic value of an investment fund. ING bases its estimate of these costs on the average bid/ask spread for the type of instrument. These costs are already included in the price.
"},"title":"Estimated trading costs"},{"componentType":"paragraph","richBody":{"value":"In some countries, you pay a transaction tax when buying or selling securities.
"},"textLinks":[{"text":"More info about transaction tax (Dutch)","url":"/particulier/beleggen/beleggen-bij-ing/tarieven-zelf-op-de-beurs-transactiebelasting"}],"title":"Transaction tax"},{"componentType":"paragraph","richBody":{"value":"By entry and exit costs, we mean the costs charged by the issuer of an investment instrument when buying or selling that product. These costs are incorporated into the price. If ING does not receive information from the issuing institution about the entry and exit costs, these costs are estimated. For investment funds, we assume that the entry and exit costs are negligible.
"},"title":"Entry and exit costs"},{"componentType":"paragraph","richBody":{"value":"The ongoing charges in investment funds are the annual fees for managing the assets. These fees are deducted from the fund's assets. The transaction costs incurred by a fund are not included in this. For leveraged products (such as sprinters or turbos), these include the financing costs for a whole year. The leverage effect also applies to these costs. These ongoing charges are incorporated into the price of the investment product.
"},"title":"Ongoing costs investment product"},{"componentType":"paragraph","richBody":{"value":"These are the transaction costs incurred by the investment fund for buying and selling shares, bonds, etc. These costs are included into the price of the investment product. If ING does not receive information about the transaction costs of an investment fund, these costs are estimated.
"},"title":"Transaction costs within the investment fund"},{"componentType":"paragraph","richBody":{"value":"Some investment funds also charge a performance fee. They only do this if the investment fund performs well. This performance fee is deducted from the fund's assets and is not part of the ongoing costs of an investment fund.
"},"title":"Incidental costs"},{"componentType":"paragraph","richBody":{"value":"The costs of investing affect the returns you achieve as an investor. To provide you with more insight into this, the overview 'Effect of Costs on Returns' has been added to the quarterly report. This overview shows the impact of total costs on returns per completed calendar year, starting from 2019. This overview was first included in the quarterly report for the 1st quarter of 2021. In the quarterly report for the 4th quarter of 2021, the year 2021 will be added. The overview contains three components with percentages:
Note: due to rounding differences, minimal deviations in the calculated percentage may occur.
"},"title":"Effect of costs on returns"},{"componentType":"paragraph","richBody":{"value":"Investing involves risks. You may lose (a part of) your investment. Read more about the risks of investing and how to mitigate them.
*This translation is intended for the customer’s convenience only. In the event of any inconsistency between the English translation and the original Dutch version, the original Dutch version shall prevail.
"},"title":"Good to know"},{"componentType":"linkList","iconTitle":{"title":"Discover more about investing"},"textLinks":[{"text":"Investing with ING","url":"/en/personal/investing"},{"text":"Sustainable investing","url":"/en/personal/investing/sustainability"},{"text":"How does investing work","url":"/en/personal/investing/how-does-investing-work"},{"text":"ING Investment Office","url":"/en/personal/investing/ing-investment-office"},{"text":"Market news and views","url":"/en/personal/investing/market-news-and-views"}]}]},"hasMacro":false,"id":"6678685a-cd93-4ec0-86c9-67665a8ac021","localeString":"en-GB","mainHeaderZone":{"backLink":{"textLink":{"text":"Start investing at ING","url":"/en/personal/investing/investments-at-ing"}},"componentType":"productHeader","coreHeader":{"body":"ING now provides even more detailed insight into both the costs you pay us for our services, as well as to other parties, such as the product developer of a 'financial instrument' (investment). We do this both before the service or transaction, and also afterwards through the quarterly report. Below is an explanation of the different types of costs. This page is an English translation of the original Dutch version.*","headerImage":{"extension":"jpg","original":"https://assets.ing.com/m/17ab27978e115e91/original/online-security-principles-1920.jpg","transformBaseUrl":"https://assets.ing.com/transform/84e47dbc-eb2e-4934-9733-b44a5a4b2f1f/online-security-principles-1920","type":"image","width":1920},"subtitle":"It is important to have a good understanding of the costs of investing.","title":"More detailed insight into the costs of investing"}},"publishDate":"2026-04-21T14:57:49.854+02:00"}}