TAM and Finax have similar yields and fees

Asset manager TAM, part of the Tatra Banka group, generated higher returns for clients in its actively managed funds in 2025, but over a 7‑year horizon its performance is similar to that of passive investment platform Finax (Ivan Chrenko and Juraj Hrbatý), according to Index magazine. Both firms have similar fees; the TER is 1.3% for TAM and 1.4% for Finax (various discounts can reduce it to 1.03%). TAM manages €2.6bn in assets and Finax €1.5bn. (sme.sk) When investing directly through brokers such as XTB, TER tends to be below 0.2%.