How do I find out the annual charge on an ETC or ETN?
Most ETCs and ETNs quote an annual management expense ratio figure, though this may not include all costs of running the investment. ETCs and ETNs are not obliged to quote a TER figure, though some do. If not, it is important that you read the issuer's important documents. You can find cost figures and the important documents on the 'at a glance' tab of the ETP factsheet on our website.
There is also an annual charge of 0.45% to hold ETCs and ETNS in the HL ISA (maximum £45 p.a.) and SIPP (maximum £200 p.a.). This charge does not apply in the HL Fund and Share Account. Find out more about our charges.