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Charging Structure

  • Our charging structure is clear and transparent with flat rate charges, so you and your clients can see exactly how much they are paying.
  • No set-up fee and one of the lowest annual administration charges (£135 + VAT) in the marketplace. If your client only invests in Alliance Trust PLC shares we will reduce the annual charge to £80 + VAT. This discount does not apply to you first annual charge.
  • Any rebates received from the fund managers will be returned to your client’s Select SIPP account in full.

The amount of the rebate payable on each fund can be found in the List of Funds.

The table below shows some examples of the potential value of rebates based on a number of illustrative portfolio values and rebate rates.

We have also negotiated fully discounted initial charges on most funds available through our i.nvest platform making your clients total initial subscription price lower in many cases. This could give your clients a significant saving. For example, as illustrated in the table below, a 5% discount on a standard initial charge of 5% would save your client £500 if they invested £10,000.

Annual Rebate

Fund Value

Annual Rebate*

0.25%

0.50%

0.75%

1.00%

£20,000

£50

£100

£150

£200

£40,000

£100

£200

£300

£400

£60,000

£150

£300

£450

£600

£80,000

£200

£400

£600

£800

£100,000

£250

£500

£750

£1,000
Initial Charge Discounts

Standard Fund manager Initial Charge

Discount for funds bought on our i.nvest platform

Net Initial Charge for our i.nvest platform

Saving on a £10,000 investment

5%

0%

5%

£nil

5%

1%

4%

£100

5%

2%

3%

£200

5%

3%

2%

£300

5%

4%

1%

£400

5%

5%

0%

£500

*For illustration purposes only. The amount of any rebate received will vary with any fluctuations on the value of the funds held, the rate of rebates applied to the funds your client holds and the calculation methodology used by individual fund managers.

The charging structure of the Select SIPP and our i.nvest platform allows us to offer funds even where the original annual management charge is very low. Due to this we have funds on our platform with annual management charges (AMCs) as low as 0.15%.