is this total expence ratio correct?
investment trust i.s.a
regular saving
£500 a month=£6000 year
costs
dealing
£1.50 a month=£18 year
.50% stamp duty
£2.50 a month =£30 year
admin
0.05% per month (min £2.16; max £8.33 per month) + vat?
does 0.05 per month mean 0.05% for yearly total
£6000
£3 a month=£36
total yearly costs
£84
total expence ratio= 1.4%
its a global smaller companies trust i plan to do over 15 years.
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