The Austria Financial Market Authority published a market study on fees charged by Austrian retail funds, finding that average charges in 2024 were largely unchanged, with the moderate downward trend continuing mainly for equity funds. The analysis also concludes that sustainability funds are no longer cheaper than other fund types. The study covers 988 Austrian retail funds with around EUR 120 billion in assets under management as of 31 December 2024. It reports a volume-weighted average ongoing management fee of 1.13%, maximum entry fees of 3.57%, and transaction fees of 0.14%, leaving the overall fee structure practically unchanged from the prior year. By strategy, short-term bond funds had the lowest ongoing management fees at 0.34%, while equity funds were highest at 1.46% and mixed funds averaged 1.32%; equity fund fees have fallen over time from 1.73% in 2018. The full 2025 market study is available for download from the FMA website, alongside an explainer on fund fees in the FMA’s “Let’s talk about money” information series.