What fees are associated with investing with Standard Life Investments?
Standard Life Investments offers a transparent fee structure for investors. The fees associated with investing with Standard Life Investments depend on the type of investment and the specific fund chosen. There are two main types of fees: ongoing charges and transaction fees. Ongoing charges cover the day-to-day management of the investment and are typically expressed as an annual percentage of the assets under management. Transaction fees, on the other hand, are associated with buying or selling units in the fund and vary based on the specific investment product. It is important to note that fees may also be subject to change, and investors are encouraged to refer to the fund's prospectus or consult with a financial advisor for the most up-to-date information on fees.
Answered May 3, 2024
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