Fees

For The SCM Private Absolute Return and SCM Private Long-Term Return Portfolios, the fees are as follows:

Direct Clients:

0.75% + VAT annual management fee; inclusive of all costs (administration, custody, tax statements, online access etc.) except dealing costs and the underlying expenses.

  • Minimum investment - £250,000
  • No initial charges
  • No performance fees
  • No hidden fees

All clients are able to see 100% of their portfolio investments online, with values updated daily.

Clients via an IFA and Wrap Platform:

0.5% + VAT annual management fee - for clients using IFAs with access via the Ascentric, Praemium or Transact platforms.

Fees are before individual platform costs and IFA advisory fees.

Minimum investments – dependent on individual IFA and individual client

For The SCM Private Bond Reserve Portfolio, the fees are as follows:

Direct Clients:

0.5% + VAT annual management fee; inclusive of all costs (administration, custody, tax statements, online access etc.) except dealing costs and the underlying expenses.

  • No initial charges
  • No performance fees
  • No hidden fees
  • Minimum investment - £250,000

All clients are able to see 100% of their portfolio investments online, with values updated daily.

Clients via an IFA and Wrap Platform:

0.3% + VAT annual management fee - for clients using IFAs with access via the Ascentric, Praemium or Transact platforms.

Fees are before individual platform costs and IFA advisory fees.

Minimum investments – dependent on individual IFA and individual client

Additional costs for all three portfolios: The only extra costs facing investors are dealing costs and the underlying ETF expenses.