Why is it often hard to work out what I’ll be charged for investment management services?
The way the investment industry raises charges can be complex, with initial charges, annual management charges, administration charges, transaction commissions, redemption charges, contract charges, bank charges, rebates and discounts, and then ad valorem fees, flat fees, performance fees, tiered fees, clean fees and so on. This makes it difficult for a potential investor to determine costs.
At GBIM, we cut straight through all the small print, by charging annual fees which cover everything and which are transparent and simple.