The verdict in three sentences
For an Amsterdam real estate fund manager running two funds for professional and semi-professional investors, the website is not a brochure: it is the channel for regulatory disclosures, quarterly investor reports, PRIIPs KIDs and net asset values. A realistic budget sits between EUR 35,000 and 70,000 with an investor portal, plus EUR 8,000 for a compliance approval workflow that blocks any publication without the compliance officer's sign-off. Then plan EUR 600 a month for hosting and maintenance, a small cost next to an AFM enforcement measure for a late or misleading disclosure.
What the AFM and AIFMD expect from a fund manager website in 2026
An AIFM licensed by the Dutch AFM carries precise obligations: up-to-date pre-contractual information, consistency between marketing material and regulatory documents, and systematic risk warnings (capital loss, illiquidity, no guaranteed return). When funds are marketed to retail investors, the PRIIPs KID must be updated as soon as an indicator changes, and periodic reports must follow the AIFMD and SFDR timetable.
| Regulatory content | Update frequency | Risk if wrong | Recommended handling |
|---|---|---|---|
| Quarterly investor report | 4 times a year | Incomplete investor information | Structured template + compliance sign-off |
| PRIIPs KID (scenarios, SRI) | On every change, annual review | Misleading document, AFM measure | Dated versioning, archived prior versions |
| NAV per unit, subscription and redemption prices | On every valuation | Subscription at the wrong price | Double entry with four-eyes check |
| Prospectus and fund terms | After every amendment | Non-compliant documentation | Signed, timestamped PDF upload |
| Distribution yield, IRR, occupancy | Quarterly and annual | Performance shown without warnings | Automatic mandatory disclaimer block |
| Annual report and SFDR disclosures | Annual | Missing sustainability information | Dedicated article 8 or 9 template |
The rule that shapes the project: no performance figure can be published without its risk warnings, and no document can be replaced without keeping the previous version. Custom development guarantees this, where a standard WordPress theme lets anything through.
2026 budget: from corporate site to investor portal
Scope explains the gap between EUR 35,000 and 70,000. The investor portal, connected to the unit register kept by the manager or its transfer agent, often accounts for half the effort.
| Item | Function | 2026 budget (order of magnitude) |
|---|---|---|
| Corporate site and fund pages | Presentation, portfolio, key figures, news | EUR 12,000 to 20,000 |
| Regulatory document library | KIDs, prospectus, reports, versioned archive | EUR 5,000 to 9,000 |
| Compliance approval workflow | Draft, compliance sign-off, publication, audit trail | EUR 8,000 |
| Investor portal | Holdings, distributions, tax statements | EUR 10,000 to 22,000 |
| Unit register connection | Daily import or transfer agent API | EUR 4,000 to 8,000 |
| Subscription simulator | Amount, fees, entitlement date, warnings | EUR 3,000 to 6,000 |
| Hosting, backups and maintenance | Monitoring, fixes, minor changes | EUR 600 a month |
A corporate site with a document library and workflow, without a portal, fits in EUR 35,000 to 40,000. With a full investor portal, downloadable tax statements and the register connection, it reaches EUR 60,000 to 70,000. Delivery takes 4 to 6 months, including 4 to 6 weeks of compliance review before go-live.
The compliance workflow, the line that protects the manager
The EUR 8,000 workflow is not a luxury. It enforces three states (draft, in review, published), records who approved what and when, and blocks publication until the compliance officer signs off. During an AFM inspection, the manager exports a document's full history in minutes. It also handles scheduled releases: the quarterly report is prepared, approved, then published automatically on the set date, without relying on someone being at their desk on a Friday evening.
Mini case study
Need a professional website?
Kolonell builds websites that attract clients, optimized for the Sénégalese market. Free quote in 2 minutes.
Femke, marketing director of an Amsterdam fund manager running two real estate funds (3,500 investors), publishes 8 quarterly reports and about thirty documents a year through a vendor charging EUR 350 per change, roughly EUR 13,000 a year, with 3 to 5 day turnarounds. Her team also handles 1,200 requests a year for tax statements and holdings, at 15 minutes each, or 300 hours. A EUR 62,000 project with an investor portal removes most of those requests and change fees. Estimated saving: EUR 13,000 plus 300 hours at EUR 60 fully loaded, or EUR 31,000 a year, minus EUR 7,200 of maintenance. The project pays back in about 2.6 years, before counting the reduced regulatory risk.
FAQ
Does the AFM approve the website before it goes live?
No, the AFM does not pre-approve websites, but it reviews marketing material after the fact. Plan 4 to 6 weeks of internal compliance review before launch.
Can we publish the PRIIPs KID straight from the back office?
Yes, with dated versioning: each new version replaces the previous one on the site while the old one stays archived. Uploading takes 2 minutes and notifies the compliance officer.
Can the investor portal show distributions and tax statements?
Yes, provided the unit register data arrives by daily file or API. That connection costs EUR 4,000 to 8,000 depending on the transfer agent.
How long until the full site is live?
Allow 4 to 6 months for the version with a portal, 3 months for the corporate site alone. The schedule should avoid the month of a quarterly report.
Where should investor data be hosted?
In the Netherlands or the EU, with encryption, two-factor authentication and daily backups, in line with GDPR. Hosting is included in the EUR 600 monthly maintenance.
Let's scope your project. Send us your list of regulatory documents and investor count, and we will price the site, the compliance workflow and the investor portal, with an indicative budget and a schedule aligned with your quarterly reporting. Detailed quote within 48 h. WhatsApp +221 77 596 93 33.
Mohamed Bah
Fondateur, Kolonell
Passionate about digital and entrepreneurship in Africa, Mohamed has been helping Sénégalese businesses with their digital transformation since 2020. Founder of Kolonell, he believes every SME deserves a professional and accessible online présence.
