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Discretionary Managed Funds
segovia
Posts: 381 Forumite
Does anyone else have an opinion on the benefits or disadvantages of a DMF over an advisory?
The VAT is one disadvantage and the charges are appx 50% more, I am being quoted 1.08% inc VAT, is that high or low for a DMF?
J
The VAT is one disadvantage and the charges are appx 50% more, I am being quoted 1.08% inc VAT, is that high or low for a DMF?
J
0
Comments
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I'm slightly confused as I've not heard of Fund changing VAT. Who is the fund provider?The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.0
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I'm slightly confused as I've not heard of Fund changing VAT. Who is the fund provider?
Rathbone's, it's not all vatable
https://www.rathbones.com/advisers/financial-advisers/managed-portfolio-service0
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