Charges test

AIM ISAs compared one against the other, if you hover over each line, you see which is which







IGNORE THIS – PREVIOUS TESTS

Charges and savings [VCT]

A summary of the main charges and savings is shown below. The net initial charge shown includes the Wealth Club saving and any early bird discount. The investment may have additional charges and expenses: please see the provider documents including the Key Information Document for more details.

[Note: if something is not available, e.g. early bird discount, we keep the row in and just put "–" instead of the value]

Full initial charge 5.5%
Early bird discount
Wealth Club initial saving 2.5%
Existing shareholder discount 1%
Net initial charge through Wealth Club (new investors) 3%
Net initial charge through Wealth Club (existing shareholders) 2%
Annual management charge 2%
Annual administration charge 0.3%
Performance fee 20%
Annual rebate from Wealth Club (for three years) 0.25%

More detail on the charges



Charges and savings [EIS / SEIS fund]

A summary of the main charges and savings is shown below. Some of these will be payable by the investor, whilst others by the investee companies. The investment may have additional charges and expenses: please see the provider documents, including the Key Information Document, for more details. 

[Note: if something is not available, e.g. early bird discount, we keep the row in and just put "–" instead of the value]

Investor charges
Full initial charge up to 0.75%
Wealth Club initial saving
Net initial charge through Wealth Club up to 0.75%
Annual management charge 1.05%
Administration charge £150/month
Performance fee 20%
Investee company charges
Initial charge up to 0.75%
Annual charge 1.05%
All fees and charges are stated exclusive of VAT, which may be applicable in some cases. Any fees and charges payable by the investee companies or the underlying businesses do not directly come out of your investment. However, they will effectively reduce the returns generated by investee companies and therefore impact your investment.

More detail on the charges



Charges and savings [AIM IHT – inside and outside ISA]

A summary of the main charges and savings is shown below –  The investment may have additional charges and expenses:  Please see the provider documents for more details. If you would like a full breakdown or a personal illustration, please let us know.

Full initial charge 1%
Wealth Club initial saving 0.25%
Net initial charge through Wealth Club 0.75%
Annual management charge 2%
Administration charge 2%
Dealing fee 1%
Performance fee
Exit fee
All fees and charges are stated exclusive of VAT, which may be applicable in some cases.

See example of the total charges over 5 years



Charges and savings [IHT portfolios – non AIM]

A summary of the main charges and savings is shown below. Some of these will be payable by the investor, whilst others by the IHT companies and/or the underlying businesses.  The investment may have additional charges and expenses: please see the provider documents for more details. If you would like a full breakdown or a personal illustration, please let us know.

[Note: if something is not available, e.g. early bird discount, we keep the row in and just put "–" instead of the value]

Investor charges
Initial charge up to 0.75%
Annual management charge 1.05%
Administration charge &poud;150/month
Performance fee 20%
IHT company charges
Initial charge up to 0.75%
Annual management charge 1.05%
Administration charge £150/month
Performance fee 20%
All fees and charges are stated exclusive of VAT, which may be applicable in some cases. Any fees and charges payable by the IHT companies or the underlying businesses do not directly come out of your investment. However, they will effectively reduce the returns generated by investee companies and therefore the value of your shares.

See example of the total charges over 5 years



What about insurance for IHT products?

I suggest that if a product offers optional insurance, we create an "Insurance" section just after the Risks section and before the Fees and Charges section.

Under the heading "Insurance" we will have:

  • A brief description of the terms (what it covers, what options you have, etc.)
  • A table showing the charges
  • A note to the table stating the insurance charges are in addition to the standard fees and charges detailed below. 

Chart test

Wealth Club aims to make it easier for experienced investors to find information on – and apply for – tax-efficient investments. You should base your investment decision on the provider's documents and ensure you have read and fully understand them before investing. This review is a marketing communication. It is not advice or a personal or research recommendation to buy the investment mentioned. It does not satisfy legal requirements promoting investment research independence and is thus not subject to prohibitions on dealing ahead of its dissemination.