Fair charges for unit trusts?
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GavB79
Posts: 751 Forumite
I am considering investing a modest amount in a unit trust but have never gone down this route before.
I see that some companies (all?) charge an initial fee of around 5% and an annual fee of 1-2%.
What is considered reasonable for this type of investment?
I would probably only be looking to invest for 2-3 years.
I see that some companies (all?) charge an initial fee of around 5% and an annual fee of 1-2%.
What is considered reasonable for this type of investment?
I would probably only be looking to invest for 2-3 years.
0
Comments
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You can go with a fund supermarket, which discounts most, if not all, of the initial cost. And reduces the AMC.
However, investing for such short periods of time is not recommended.
http://www.h-l.co.uk/
https://www.fidelity.co.uk/0
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