We have worked hard to keep our costs low and have simplified our pricing structure by absorbing fund related expenses into our fund’s annual management charge (AMC).
From 1 April 2016, research costs will be borne by the company, rather than by the fund. Importantly, we are not increasing our fees to cover this additional cost. Investors are, in effect therefore, getting a price cut, which will immediately benefit the future performance of the fund.
There are no entry or exit fees. The only charges that investors are exposed to outside of the OCF are taxes such as Stamp Duty and dealing commissions, which are incurred by all funds when shares are bought or sold for the portfolio. These costs are broken down below.
The CF Woodford Equity Income Fund has four different share classes. Through this simple and transparent range, we aim to offer all of our clients what we regard as a world-class investment proposition at a price that is transparent and represents exceptional value.
One of the ways in which we are able to keep our fees low is by encouraging investors to use fund platforms and financial advisers that have well-developed systems for investment transactions.