Help & FAQs

What charges are associated with Unit Trusts?

Different Funds will be subject to different fees and you should check these before investing:

Standard initial charge: this is paid upfront when you buy a fund and is charged as a percentage of the price. Selftrade negotiate discounts to the initial charge and these discounts are displayed on the Fund Selector, as well as on the individual fund page, so you can see the discount before you trade. We pass on, in full, any discount we are able to negotiate on the fund manager's standard initial charge.

Annual management charge: this typically varies from around 0.5% to 1.5% and is taken from the fund directly as part of the fund capital.

Funds Platform Fee: A fee based on the aggregated value of your Fund holdings across all your accounts will be charged quarterly via a tiered structure based on the bands indicated above. The fee will be taken pro-rata from each account.
Please note: Fund holding charges will be the same rate on Child Trust Fund accounts, however these are calculated annually.

Trail commission: We no longer receive any trail commission in relation to funds held in your Selftrade accounts.

Submitted on 2nd Jul 2018

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Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

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