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FINANCIAL GLOSSARY

Fees

Costs charged to manage, buy or hold an investment.

Definition

Costs charged to manage, buy or hold an investment.

Why this concept matters

Even small fees directly reduce the return kept by the saver.

What to watch

Compare entry, management, switching and underlying investment fees.

Simple example

A 1% annual fee is £100 a year on £10,000 before the capital changes.

Example currency : United Kingdom (GBP). The reference country controls the example currency.

Try the mechanism

Educational estimate only, with no personalised advice or guarantee.
Indicative resultIndicative annual cost£20
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