We aim to keep our charges competitive and easy to understand. Here we outline the charges you will pay on WealthManager+.
We will attempt to take the account charge (if applicable) from cash held within your WealthManager+ account on a monthly basis. If there is insufficient cash available an outstanding amount will remain as a negative cash balance.
On a half-yearly basis, normally in June and December, we may choose to sell any of the holdings in your Account at our discretion to cover any negative cash balances at that time.
Further information on paying charges and topping up your cash account are available in the Key Features and Terms and Conditions.
| Product | ||||
|---|---|---|---|---|
| J.P. Morgan and Third Party Funds | J.P. Morgan Investment trusts | Third party Investment Trusts | All other available investments | |
| Stocks and Shares ISA | No charge | 0.25% | 0.25% | 0.5% |
| Min £2 Maximum £10 / month | ||||
| SIPP | No charge | 0.25% | 0.25% | 0.5% |
| Min £2 Maximum £25 / month | ||||
| Investment Account | No charge | No charge | 0.25% | 0.5% |
| Min £2 Maximum £10 / month | ||||
| Junior ISA | No charge | |||
When we calculate our annual account charges multiple Investment Accounts and multiple SIPP accounts benefit from a single charge.
Transaction charges are taken directly from the lump sum or regular contribution reducing the amount available to invest.
Regular savings plans and dividend reinvestments into J.P. Morgan Investment Trusts are not subject to a brokerage charge. A brokerage charge of £1 is applied per individual investment when you buy Third Party Investment Trusts and All Other Available Investments using a regular savings plan or when you choose to reinvest dividends automatically.
There is no WealthManager+ service charge to transfer Investments in from or out to another provider or platform. Note that when you transfer in cash the standard transaction charges will apply should you go on to make a purchase.
