Because being open and honest with our customers, matters.
How much does it cost?
Our aim is to help make your money grow. That means understanding how much it costs as well as understanding the potential returns.
Investment Champion is part of a group of companies that wholly believes in being upfront about charges and what you get for your money. We’ll save you the time by saying now, we are not the cheapest option, but we believe we charge a fair price.
We work with investment experts at TPO who are responsible for over £2bn assets on behalf of over 3,000 clients. Our investment portfolios are created using the whole of the market and are delivered using technology that supports the investment choice, and not the other way round!
We help to keep costs low by providing you with the information, the investing know-how and the technology to allow you to make your own investment decision. You will also have access to a secure online account where you can see how your investments are performing.
The costs for investing in our portfolios are set out below.
These figures should be used as a guide only and are shown annually.
Investment Champion fee
This includes the cost of the investment platform service and ongoing maintenance of your investment portfolios. It also includes your online portal that allows you to see how your investments are performing.
Finally, it covers regulatory costs and insurance, designed to protect both you as well as us!
Portfolio charge
The portfolio charge covers the costs of the underlying fund managers, for example BlackRock, HSBC, Fidelity etc. for the actual day-to-day running of the funds.
You will only ever pay charges relating to the specific funds that your chosen portfolio is invested in. Fund managers are obliged to disclose these charges annually based on the previous 12 months.
The average portfolio charge quoted is therefore an estimate based on historic information and may vary slightly from year to year.
Why does sustainable investing cost more?
Typically, sustainable funds are not as big in terms of £ invested compared to more traditional funds. As some of the running costs are fixed costs e.g. legal expenses and staffing, simply put, these costs are disproportionately higher as a result.
In addition, there are research costs required to assess the Environment, Social and Corporate Governance (ESG) standards for companies. These costs are not applicable to traditional funds.
But don’t let the additional 0.05% charge completely put you off investing for the future!
Transaction costs
This relates to the costs for buying and selling investments incurred by the fund manager and may vary slightly between portfolios.
The average transaction charge quoted is an estimate based on historic information.
Product costs
Please be aware that a pension administration charge of 0.10% per year applies (minimum £15 + VAT, maximum £50 + VAT per year) and you may want to bear this in mind for lower value investments.
