The annual ongoing charge includes the cost of running the fund. The amount you are charged is based on the value of your investment, and the funds you invest in. The table below outlines the annual ongoing charge for each of our funds.
|Fund name||Annual ongoing charge|
|Bond and Gilt Fund||0.60%|
|UK FTSE All-Share Fund||0.60%|
|Bond, Gilt and UK Share Fund||1.00%|
|Bond, Gilt, UK and Overseas Share Fund||1.00%|
|Global Share Fund||1.00%|
|Climate Change Fund||1.30%|
The charge is spread over the year and deducted each day from the unit price. The examples shown in the table below are based on a fund value of £1,000.
|Ongoing charge||Value throughout the year||Total deducted annually|