Clean fund pricing

We have a wide range of funds available for you to invest in. All of them have clean pricing.

What is 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.

What are the charges for investing in funds with AJ Bell Youinvest?

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.

If I hold funds elsewhere which are not clean can I transfer them to AJ Bell Youinvest?

Yes, but if there is a clean fund equivalent - shown on our Clean funds reference list - we will convert your holding to that 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.

I am an existing customer, how do I convert to clean funds?

Where you hold funds with a higher AMC you can convert your holding to a clean equivalent free of charge. You can check our Clean funds reference list to see if a clean equivalent is available. Not all funds with a higher AMC have a clean equivalent yet. We aim to ensure the Clean funds reference list is as accurate and as up to date as possible.

Where no clean funds are shown we will update these as and when we have confirmation from the respective fund managers.

If you would like to convert funds with a higher AMC to available clean equivalents here’s what you need to do:

  1. Send a secure message from your account with the subject ‘Fund conversion request’
  2. List the SEDOL and name of each fund you wish to convert from and to

The SEDOL can be found on the Clean funds reference list.

We will process your request as soon as possible, each conversion normally takes up to three weeks to complete, but may take longer depending on the fund manager involved.

Once we have accepted an instruction from you to convert a fund holding to a clean fund you will not be able to sell that holding until the conversion is complete.  The clean fund will be added to your account once the conversion has completed, we will confirm this to you via a secure message.

If you have any questions regarding your fund holdings, conversion or regular investment please call our Dealing Services Team on 0845 373 3479.