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|
|Pension Bond and Gilt Fund||0.60%|
|Pension Growth Fund||0.60%|
|Pension Bond, Gilt and UK Share Fund||1.00%|
|Pension Bond, Gilt, UK and Overseas Share Fund||1.00%|
|Pension Global Share Fund||1.00%|
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|