Fund Charges - visibility

RobStaffs · 18 May 2013 at 12:38PM

All but two of my funds are held on the Hargreaves Landsdown platform. Does anyone know how I can calculate the annual and ongoing charges for my funds?

Shaolin_Monkey · 18 May 2013 at 12:53PM

Do you mean beyond what you get from the TER or OCF figures?

RobStaffs · 18 May 2013 at 1:43PM

Shaolin_Monkey wrote: »

Do you mean beyond what you get from the TER or OCF figures?

I suppose this would be a decent starting point. What value would I apply the TER againt?

Shaolin_Monkey · 18 May 2013 at 2:23PM

The best way I think, would be to take the daily value of your holdings for the last year (exclude weekends and holidays). For each day calculate: (TER / number of trading days) x unit value. Total them all up and you have a rough estimate for the year.

It's always going to be imprecise because TER's vary and are updated infrequently, often once a year.

RobStaffs · 18 May 2013 at 2:34PM

Shaolin_Monkey wrote: »

The best way I think, would be to take the daily value of your holdings for the last year (exclude weekends and holidays). For each day calculate: (TER / number of trading days) x unit value. Total them all up and you have a rough estimate for the year.

It's always going to be imprecise because TER's vary and are updated infrequently, often once a year.

Thanks.. appreciate your comments.

doughnutmachine · 18 May 2013 at 2:50PM

imho it's well nigh impossible to find out the total costs of a fund. a lot of charges aren't in the TER.

when you buy a washing machine it's easy to find out how much each machine uses in water and electricty etc. when you buy a car the fuel efficiency is well publicised. it seems ridiculous that the consumer cant compare charges for funds.

Fund Charges - visibility

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