We have one set of charges and fees across both our Stocks and Shares ISA and Trading Account to keep things simple.
At Standard Life Self Investor we’re committed to keeping our pricing transparent with no hidden charges, so you always know what you’re paying for. That’s our crystal clear price promise.
Our account charge is a charge payable to us to carry out investment transactions on your account. The charge is based on a percentage of your total investment amount across all your Standard Life Self Investor accounts, including any cash.
Don't forget the value of your investments can go down as well as up and you could get back less than you invest.
You can find your charges PDF by logging into your account. Select ‘My Documents’ and then Document Library from the top menu to see your personal account documents. Or select ‘Literature’ to see documents about the Standard Life Self Investor service, accounts and charges.
To help you work out what your charges might be each month, we have an example below.
Account value £20,000
The example is based on investing for a typical month of 31 days. For the purposes of the example, we have assumed that there is no change in the value of investments held during this period.
The example fund manager charges are based on CF Woodford Equity Income C ACC fund, with information correct as at 14.10.2016. As the value of your investment falls and rises the actual charge that you’ll pay will also change.
Actual charges taken will depend on your choice of fund. The ongoing charges figures (OCF) for individual funds can be found in the fund’s Key Investor Information Document (KIID). The fund’s KIID can be found under ‘Research and Planning’ in your Smart+ account.
This is calculated daily and the combined total of the daily amounts is taken at the end of each month, starting 1 month from when you first invest.
It'll be taken from any cash held within your account, or, if there's not enough cash available, we'll automatically sell units or shares from your least volatile fund to raise a minimum of £10. Any leftover cash will be left in your account to cover any future charges.
If we do have to sell any units, a contract note will be added to your document library and you'll receive an email to let you know it's there.
The fees and charges relating to the Ongoing Charges Figure are automatically deducted when calculating the fund's daily unit or share price. This means that you won't see the charge taken as a separate amount.
Fund entry and exit charges are taken into account when calculating the price that you buy or sell units in a fund, so you won't be charged for these separately.
An annual management charge is an ongoing charge made by the fund manager for managing the investment within a fund and will vary between funds. It's set as an annual percentage and a fraction of this is deducted, along with any additional fees and expenses, from the value of the fund when calculating the daily price of units or shares. For more information on these - please see your Charges information PDF in your literature library.
This combines a fund's annual management charge with the additional fees and expenses incurred in a fund's day-to-day administration.
Details of a fund's annual management charge and Ongoing Charges Figure can be found in its Key Investor Information Document (KIID).
A fund manager may also apply an entry or exit charge each time an investor buys units or shares in a fund and sometimes when they sell. We've negotiated no entry and exit charges on most of the funds in our range though there are a few exceptions.
You can check if these apply to each fund by clicking on the 'Read more' link under the fund name when choosing your funds.