Book cost
The amount you paid for an investment. This includes all charges that apply to the investment, such as stamp duty and dealing charges. By comparing ‘Book cost’ with ‘Value’, you can see whether the investment has gone up or down since you bought it, and by how much.
When you sell an investment, the book cost is used to calculate any gains or losses you make.
Popular terms
Ready-made pension
A simple, low-cost pension where you choose from four AJ Bell fund options.
Money paid in is automatically invested...
Pension builder
The Pension builder fund is AJ Bell’s low-cost standard option, designed to help you invest the money you’ve paid into...
Non-workplace pension
A type of pension that you set up yourself. You control how much you pay in (and when) as well...