Clean fund pricing
Fund managers typically levy a charge on their funds, called the ‘Annual Management Charge’ or ‘AMC’. Before regulatory changes in 2013, fund AMCs usually included platform fees and trail commission.
Clean funds have an AMC which does not include any platform fees or trail commission. With clean funds you will pay a lower AMC and a separate platform charge. Clean pricing for funds gives you greater transparency over how much you are paying and what you are paying for.
Investing in funds with AJ Bell Youinvest
You can invest in over 4,000 funds with AJ Bell Youinvest and all of these are clean priced funds. If you have purchased funds recently these will be clean priced funds.
We have a fund charge of 0.20% per annum - per account - for holding clean funds. This is based on the value of the clean funds in your account at the end of the quarter. It is capped at a maximum of £50 per calendar quarter -per account.
The charge for buying or selling a fund online is £4.95 per deal, or if you place a regular investment instruction it costs just £1.50 per deal. You can find full details of our charges on our charges and rates page.
Transferring and converting funds
If you are an existing customer and hold funds which are not clean priced, we will be converting your funds to a clean equivalent over the coming months. Your funds will be converted free of charge and we will email you before we convert your funds with full details. Please read our FAQs for more information on this conversion process. Our clean funds conversion list details all the funds that are being converted.
If you are not sure if the fund you hold is clean priced, our clean funds reference list details all funds and their clean fund equivalent.
If you are transferring funds to us, we will convert your holding to the clean fund equivalent, as soon as the transfer has completed. If there is no clean fund equivalent then we will hold the fund in its existing form, but will be entitled to convert it in future if a clean fund equivalent is created.
If you have any questions regarding your fund holdings, conversion or regular investment please call our Dealing Services Team on 0845 373 3479.