Fund factsheets help - other details | Hargreaves Lansdown

Trustee

The bank or organisation responsible for overseeing investors money invested in a fund.

Valuation point

The point at which a funds assets are revalued and a price determined. Most funds value daily at 12:00 although this does vary. Some funds will only value on a weekly or monthly basis.

Minimum investment

The minimum lump sum investment amount for funds bought within Vantage.

Effect of deductions

This indicates how charges deducted from within the fund can affect what you might get back. They are designed to help you compare funds to other comparable within the industry with regards to charges, expenses and overall investment performance. An assumption is made that the underlying investments grows by 6/7% which are quoted guideline yield figures set by the industry. Allowance is made for the annual management charges and other expenses borne by the fund, which include trustee fees and expenses, registrar fees, audit fees and FSA fees. Dealing costs are not included. These figures are only examples and are not guaranteed - they are not minimum or maximum amounts. What you will get back depends on how your investment grows and on the tax treatment of the fund and your own tax position. You could get back more or less than this. Inflation will reduce what you could buy in future with the amounts shown. These figures do not take account of the discounts we offer.

Charges Deducted From

Capital; part or all, of the annual management fee and expenses may be charged to capital this could increase the potential for the capital value of your investment to be eroded but allows the fund to pay a higher level of income. Income; the annual management fees will be deducted from income provided by the fund.