There are two separate charges that affect your account. We have called these fee A and fee B.
Fee A is the cost of powering Silo. You’ll pay £1 per month until you have £2,000 invested with Silo, at which time this switches to 0.75% of the value of your investment portfolio, per year. We calculate and collect this automatically on a monthly basis.
Fee B is the fund manager cost, estimated between 0.2% and 0.5%. It is automatically deducted from the value of your investments by the Fund Managers managing these individual funds in your plan.
Please remember that we are an investment company and as is the very nature of investing, there are inherent risks. The value of your investments can both rise and fall over time and you cannot assume that past performance will repeat itself. You must be comfortable in the knowledge that you may receive less than you originally invested. The tax treatment of your investments with Silo will depend entirely on your individual circumstances and may be subject to change, so please do seek advice.
Please remember that we are an investment company and as is the very nature of investing, there are inherent risks. The value of your investments can both rise and fall over time and you cannot assume that past performance will repeat itself. You must be comfortable in the knowledge that you may receive less than you originally invested. The tax treatment of your investments with Silo will depend entirely on your individual circumstances and may be subject to change, so please do seek advice.
Mon to Fri, 8:00 – 17:30
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