GBIM charges simple clear fees so you will always know what the cost of our service will be. One fee is an administrative charge payable for your custody and administration provided by Pershing Securities Limited and the other is our investment management fee.
For our latest rate card please contact us, the below is a summary of the fee structure as of September 2018.
Discretionary portfolio management
A tiered management fee is charged.
0.85% on the first £500,000
0.75% on the next £500,000
0.5% on the next £1,000,000
Fees are calculated on the mid-market value of the fund quarterly in arrears and are debited to the client’s capital account with VAT added where applicable. The fund will include the client’s principal portfolio, ISA portfolios and cash balances.
Administration and custody
An all-inclusive fee of 0.25% per annum on the value of the fund administered is payable quarterly in arrears, subject to a maximum of £1,000 per quarter.
No transaction charges will be made by the manager. Exchange-traded transactions may incur a small third-party brokerage commission charged by Pershing, and holdings in collective investment schemes may incur charges taken directly by a third-party manager