COSTS AND CHARGES
These examples show the effect of charges, time, and performance on returns. In reality you could get more or less and your circumstances will differ.
SCHRODER MANAGED BALANCED
MAIN CHARGES
There is a tiered annual charge to hold funds with Hargreaves Lansdown, normally up to 0.45% per year but reduced for this fund to 0.42%. Schroders applies its own charge of 0.33%. Add the two together and you get the annual charge of 0.75%.
HOW MUCH MIGHT IT COST OVER 5 YEARS?
The following charges are based on an investment of £5,000 within a SIPP over 5 years assuming 4% growth.
Total charges over 5 years £284.32
Average annual charge 1.06%*
Illustrative 5 year value £5,770.31
Illustrative 5 year value with no charges applied £6,083.26
See also the Key Investor Information Document. If you would like a more detailed breakdown of costs and charges, please contact us.
*This differs from the quoted annual charge of 0.75% because it includes a measure of the fund’s additional costs (e.g. transaction costs).
ILLUSTRATION:
These tables show what your SIPP value and income might be for a range of gross/employer contributions and years to retirement. Assumptions: 4% annual growth, 0.75% charges and retirement at 65. Amounts are in real terms, assuming 2% annual inflation. Actual rates of return and charges will depend on your investments and their performance and may be better or worse than shown. The annual income is a single life, level annuity, paid monthly in advance, 5 year guarantee and no tax-free cash.
The table below shows the effect of charges on your workplace pension assuming £300 monthly savings.
Charges reduce the yearly growth rate from 1.90% to 1.10%