Pricing

What will I be charged?

There is an initial one-off cost of 0.25% of any investment that will be deducted by the service provider (Parmenion Capital Partners LLP) before your money is invested.

There are three distinct elements of ongoing cost;

  • The custodian fee.
  • The annual fund management fee.
  • The ongoing service fee.

Where do my charges go to?

  • The custodian fee is payable to Parmenion Capital Partners LLP.
  • The annual fund management fee to the fund houses involved (see link below)
  • The ongoing service fee is payable to Oliver Asset Management (OAM).

The custodian fee is tiered and will reduced the more money you have invested through Parmenion Capital Partners LLP.

Administration and Custody Charges

The Administration and Custody Charge is based on the total funds under management held by the client and applies to an individual’s entire portfolio.

Minimum Maximum Annual charge
£0 £299,999.99 0.30%
£300,000.00 £599,999.99 0.25%
£600,000.00 £1,499,999.99 0.20%
£1,500,000.00 £50,000,000.00 0.15%

N.B. The charge on the entire portfolio will reduce once the appropriate value tier has been exceeded e.g. a portfolio exceeding £300,000 will immediately benefit from a reduction in charge to 0.25%. Portfolios in excess of £1.5m will pay no more than 0.15%

The annual fund management fee

The annual fund management fee will be set by the portfolio you invest in and typically will increase if you take more risk.

The ongoing service fee

The ongoing service fee payable to Oliver Asset Management is current fixed at 0.5%pa regardless of amount or portfolio select

  • Your personalised investment report will clearly detail the charges applicable to your account.

Pricing examples

Amount Invested Custodian Fee Annual Fund Charge Advice Fee Total Annual Monetary Cost
£10,000 0.3% 0.19% 0.5% 0.99% £99.00
£25,000 0.3% 0.19% 0.5% 0.99% £247.50
£50,000 0.3% 0.19% 0.5% 0.99% £495.00

Portfolio Five Annual Charges

Amount Invested Custodian Fee Annual Fund Charge Advice Fee Total Annual Monetary Cost
£10,000 0.3% 0.26% 0.5% 1.06% £106.00
£25,000 0.3% 0.26% 0.5% 1.06% £265.00
£50,000 0.3% 0.26% 0.5% 1.06% £530.00

Portfolio 10 Annual Charges

Amount Invested Custodian Fee Annual Fund Charge Advice Fee Total Monetary Cost
£10,000 0.3% 0.45% 0.5% 1.25% £125.00
£25,000 0.3% 0.45% 0.5% 1.25% £312.50
£50,000 0.3% 0.45% 0.5% 1.25% £625.00

These are examples and real charges will vary depending on actual amounts invested and can change over time.

As with any investment, the value of your fund can go up or down, and may be worth less than you paid in.

Please see our Key Suitability Information sheet below for more detailed information on individual portfolio costs and please note that the Total Annual Charge (TAC) shown is the combination of the custodian fee and the annual fund management fee.

Key Suitability Information (pdf 45kb)