Fees7 Mar 2021 15:39
Guys, I wonder whether someone could help me, please.
I may be interested in investing within the the Investment Trust. I have been researching the charging structure via my trading platform, Barclays.
I understand Barclay's own set of transaction costs as well as SDRT. However, I am unsure of the Service and Product charges which they levy.
At this stage, are these additional charges levied immediately, so that as soon as I buy, I pay for them, or when I sell? Or are they levied at time in the future? If so, are these levied on current holders, or if I have traded in and out, will there be a call on management fees at a later date, irrespective as to whether I still hold the shares?
May I offer 2 examples.
I buy and subsequently sell my entire holding within 2 weeks. (Trade).
I buy and retain the holding for a 24 month period. (Invest).
Thanks