FAQ

In what format must costs and charges be presented in the product summary?

Costs and charges must be presented both as a percentage and as a cash amount, rounded to the nearest pound, and shown only where the amount is not zero. The presentation must include one-off entry costs, one-off exit costs, ongoing costs, and, where applicable, the ongoing costs of any investee closed-ended investment funds. Transaction costs must be expressed as a percentage of the assumed investment amount.

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