Re: Ongoing charges - big differences AIC vs Platform/KIDs
Posted: May 22nd, 2022, 10:41 am
This is under the Charges summary on the HL report as a definition -
- Charges made by fund/ ETF/ investment trust managers for managing your investments. These charges are already included in the fund's price, so they
aren't shown in your transactions.
I have also been through my other ITs to compare. One other is Aberforth Smaller Companies (ASL) where both AIC and HL quote 0.75%, The KID shows a potential reduction of 1.09% but my actual charges are 1.28%........Another one that does not come close is HOT.
I do remember reading an article a couple of months ago about trusts that cost far more than published charges due (from my memory of the article) to transaction costs but I didn't have any of the specific investments quoted.
- Charges made by fund/ ETF/ investment trust managers for managing your investments. These charges are already included in the fund's price, so they
aren't shown in your transactions.
I have also been through my other ITs to compare. One other is Aberforth Smaller Companies (ASL) where both AIC and HL quote 0.75%, The KID shows a potential reduction of 1.09% but my actual charges are 1.28%........Another one that does not come close is HOT.
I do remember reading an article a couple of months ago about trusts that cost far more than published charges due (from my memory of the article) to transaction costs but I didn't have any of the specific investments quoted.