Management costs per asset class. Basis points

Year Total Fund Equity asset class Fixed-income asset class Real estate asset class
1998 5.1 8.1 3.8  
1999 8.7 14.5 4.8  
2000 10.9 20.3 4.5  
2001 7.4 12.1 4.3  
2002 9.1 15.3 5.0  
2003 10.4 16.3 6.2  
2004 10.5 17.1 5.9  
2005 10.6 18.6 5.1  
2006 9.8 17.3 4.7  
2007 9.3 14.9 5.1  
2008 10.6 15.6 5.6  
2009 13.8 18.2 7.9  
2010 10.5 13.7 5.6  
2011 8.1 10.2 4.8 64.3
2012 6.2 7.4 3.8 55.4
2013 6.6 8.0 3.4 37.9
2014 5.9 7.2 3.0 27.3
2015 5.7 6.6 3.1 18.5
2016 5.2 5.9 2.8 19.6
2017 6.0 7.0 2.8 23.3