When can a manufacturer depart from the standard costs and charges calculation approach?

A manufacturer may depart from the standard approach where, on reasonable grounds, it expects future costs and charges to be materially different from those calculated using the preceding 12-month period (for example, due to a change in management fees). Where a fund has existed for less than 12 months, or where historical data would be misleading (excluding transaction costs), the manufacturer may instead base its estimates on the costs and charges of a reasonably comparable CCI. In such cases, the product summary must clearly identify which costs are estimated.