Illustrations of fees

Example 1

Mary opens a Netwealth pension account investing in a Risk Level 4 portfolio with a £250,000 contribution, paying an annual fee of 0.60%. Mary also sets up a regular monthly contribution into her pension. Below we show an illustration of Mary’s total annual and one-off costs of investing based on a total investment amount of £250,000.

Total Invested Amount £250,000	Percentage	Amount
Total Annual Cost of Investing	0.97%	£2,430
Discretionary Wealth Management Fee	0.60%	£1,500
Underlying fund costs	0.20%	£500
Fund Charges	0.15%	£375
Costs of Trading	0.05%	£125
Other Costs Related to the Service	0.16%	£430
Pension Admin Fee	0.07%	£180
Estimated Annual Costs of Trading	0.10%	£250

One-off costs of approximately 0.08% will be incurred when making the initial investment, related to the difference between the purchase price and the “mid-market” price for each instrument.

Underlying fund costs and the initial and annual costs of trading are based on a Netwealth Risk Level 4 portfolio.

Example 2

Mary opens a Netwealth pension account investing in a Risk Level 4 portfolio with a £250,000 contribution and invites both her husband and mother to join her Netwealth Network. Upon opening their accounts her husband transfers his ISA portfolio of £275,000 and her mother transfers her pension of £500,000. As the total investment amount for the Network is £1,000,000, all three people benefit from the lower fee rate of 0.45%. Below we show an illustration of Mary’s total annual and one-off costs of investing based on her individual investment amount of £250,000 and benefiting from the Network fee rate of 0.45%.

Total Invested Amount £250,000	Percentage	Amount
Total Annual Cost of Investing	0.82%	£2,055
Discretionary Wealth Management Fee	0.45%	£1,125
Underlying fund costs	0.20%	£500
Fund Charges	0.15%	£375
Costs of Trading	0.05%	£125
Other Costs Related to the Service	0.17%	£430
Pension Admin Fee	0.06%	£150
Estimated Annual Costs of Trading	0.10%	£250

Example 3

David is an existing client who initially contributed £500,000 into a Risk Level 4 portfolio in his GIA which is now worth £600,000. He has now chosen to receive ongoing advice. Below we show an illustration of David’s new total annual costs of investing.

Total Invested Amount £600,000	Percentage	Amount
Total Annual Cost of Investing	1.28%	£7,680
Discretionary Wealth Management Fee	0.60%	£3,600
Ongoing Advice	0.35%	£2,100
Underlying fund costs	0.20%	£1200
Fund Charges	0.15%	£900
Costs of Trading	0.05%	£300
Other Costs Related to the Service	0.13%	£780
Pension Admin Fee	0.03%	£180
Estimated Annual Costs of Trading	0.10%	£600