Funds Pricing

Unit Trusts and OEICs are priced differently. Unit Trusts have two prices; a buying (offer) and a selling (bid) price. OEICs have one price at which you buy and sell.

What are the charges that you can expect to see?

When you purchase funds on the TD platform they will be 'clean funds', i.e: there is no trail commission in the ongoing charges.

Fund Manager charges:

Initial Sales Charge - An initial sales charge or ISC may be charged when you buy units. TD offer over 1,600 unit trusts & OEICs with discounted initial sales charges from 0%.

Ongoing Charge - This charge formerly known as the total expense ratio (TER) is a measure of the total cost of a fund. This includes the Annual Management Charge - the AMC is typically around 0.75% of the value of the fund and known as Trail Commission - as well as various other fees such as administration, redemption, auditing and all other expenses.

These and any other applicable charges are detailed on the KIID document which can be found in the Fund Quickrank tool.

TD charges:

Platform Fee (per annum per account) - A Platform Fee will be charged against the value of your fund holding.

Value of funds Charge
Up to £250,000 0.30%
Over £250,000 0.20%
 (maximum £1,500)

*The Platform Fee applies to each account separately and is calculated on a daily basis on the value of your fund holdings. The fee is tiered, with 0.30% applying to the first £250,000 of funds and the lower rate of 0.20% being applied to any fund holdings over £250,000. The fee is charged to your account twice a year, on or around the first business day of January and July, on a pro rata basis up to a maximum of £1,500 per account. .

Important Information: 
For clients who bought funds before 21 Feb 2014, we are refunding any trail commission received by us from the Fund Manager.

Rebates to investors, other than within a tax wrapper (e.g. ISA and SIPP) or to UK companies, are subject to income tax and as from 6th April 2013 HMRC require that we make these payments net of basic rate tax, which is currently 20%.  If you are a higher rate or additional rate tax payer you may also need to pay additional tax through your tax return.  We suggest that you speak to HMRC or your tax adviser if you need advice in this regard.

The Platform Fee and tax will be applied at the same time as the Trail Commission rebate and each transaction will be individually identified on your statement..

Transfer Fees - This is the fee you would be charged if you were to transfer existing funds into or out of your TD account.

Transferring funds in to TD FREE
Transferring funds to another provider £25 per fund

 

Start Investing in Funds

TD offers a range of accounts which can be used to invest in funds:

Risks

  • The value of your investments can go down as well as up. You may not get back all the money that you invest.
  • Please note the tax treatment of these products depends on the individual circumstances of each customer and may be subject to change in future.
  • There may be a Fund Manager charge, which is a percentage of the value of your investment. This can differ depending on the fund.