CT PRIVATE EQUITY TRUST PLC Pre-Sales Cost & Charges Disclosure
Investment Trust ISA
Reporting Currency: £, Sterling Reporting Date: 02 April 2023
This document provides you with cost and charges information about these products. It is not marketing material. The information is required by law and you are advised to read it so you can make an informed decision about whether to invest.
BREAKDOWN OF COSTS (Based on an initial lump sum Investment of £10,000 into a single product over a period of 1 year)
The total costs deducted will have an impact on the investment return you might get. Whilst performance is not guaranteed, below is an illustration of how the charges will affect what you might get back by comparing the investment return before and after fees with an assumed gross annual growth rate of 6%. Certain costs are charged prior to investment (e.g. Government Stamp Duty), and will reduce the amount invested into the product. Such entry costs will only apply to the initial investment, and will not be incurred in subsequent years.
Product Costs | Service Costs | Total | ||||||||
Costs | ||||||||||
One-Off | Ongoing | Transaction | Incidental | One-Off | Ongoing | Transaction | Ancillary | Incidental | ||
Costs | Costs | Costs | Costs | Costs | Costs ** | Costs *** | Costs | Costs | ||
European Assets Trust PLC | 0.00% | 0.94% | 0.27% | 0.00% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 2.43% |
CT UK Capital & Income Investment Trust PLC | 0.00% | 0.91% | 0.20% | 0.00% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 2.33% |
Balanced Commercial Property Trust LTD | 0.00% | 2.50% | 0.54% | 0.00% | 0.00% | 0.72% | 0.00% | 0.00% | 0.00% | 3.76% |
The Global Smaller Companies Trust PLC | 0.00% | 0.89% | 0.21% | 0.00% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 2.32% |
CT Global Managed Portfolio Trust PLC - Growth | 0.00% | 2.83% | 0.39% | 0.20% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 4.64% |
CT Global Managed Portfolio Trust PLC - Income | 0.00% | 2.09% | 0.22% | 0.18% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 3.71% |
CT Private Equity Trust PLC | 0.00% | 1.79% | 0.42% | 0.88% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 4.31% |
F&C Investment Trust PLC | 0.00% | 0.84% | 0.29% | 0.00% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 2.35% |
CT UK High Income Trust PLC - Ordinary Shares | 0.00% | 1.21% | 0.15% | 0.00% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 2.58% |
CT UK High Income Trust PLC - B Shares | 0.00% | 1.21% | 0.15% | 0.00% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 2.58% |
CT UK High Income Trust PLC - Units | 0.00% | 1.21% | 0.15% | 0.00% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 2.58% |
TR Property Investment Trust PLC | 0.00% | 0.84% | 0.22% | 0.00% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 2.28% |
CT Property Trust LTD | 0.00% | 2.64% | 0.45% | 0.00% | 0.00% | 0.72% | 0.00% | 0.00% | 0.00% | 3.81% |
UIL LTD* | 0.00% | 6.99% | 0.01% | 0.00% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 8.22% |
UIL Finance Limited - 2024 ZDP Shares* | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 1.22% |
ICG Enterprise Trust PLC* | 0.00% | 2.75% | 0.07% | 4.12% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 8.16% |
CT FTSE All-Share Tracker 2 Acc**** | 0.00% | 0.30% | 0.05% | 0.02% | 0.00% | 0.72% | 0.50% | 0.00% | 0.00% | 1.59% |
Indicative | Reduc- | Indicative |
Value Before | tion in | Value After |
Costs | Profit | Costs |
10,600.00 | 257.58 | 10,342.42 |
10,600.00 | 246.98 | 10,353.02 |
10,600.00 | 398.56 | 10,201.44 |
10,600.00 | 245.92 | 10,354.08 |
10,600.00 | 491.84 | 10,108.16 |
10,600.00 | 393.26 | 10,206.74 |
10,600.00 | 456.86 | 10,143.14 |
10,600.00 | 249.10 | 10,350.90 |
10,600.00 | 273.48 | 10,326.52 |
10,600.00 | 273.48 | 10,326.52 |
10,600.00 | 273.48 | 10,326.52 |
10,600.00 | 241.68 | 10,358.32 |
10,600.00 | 403.86 | 10,194.89 |
10,600.00 | 871.11 | 9,728.99 |
10,600.00 | 129.32 | 10,470.68 |
10,600.00 | 864.96 | 9,735.04 |
10,600.00 | 168.54 | 10,431.46 |
- Only existing investors are able to buy further shares
- Service Ongoing Costs (Annual Charge £60 +VAT) are only charged once at the client account level
- Service Transaction Costs include Stamp Duty Reserve Tax for UK Registered Funds of 0.5% where applicable. There is no charge for online dealing (the basis of this illustration). Note a £12 charge per trust applies for postal orders.
- Only available for existing shareholders who transfer their shares from a Child Trust Fund - Stakeholder account. No further purchases are available.
Description of costs:
Product Costs: All costs and associated charges related to the shares that can be traded
Service Costs: All costs and associated charges for the investment services and/or ancillary services provided to you
One-Off Costs: Costs you pay when entering or exiting your investments.
Ongoing Costs: The costs that are incurred in managing your investments including ongoing costs incurred by any underlying investments; the Annual Management Charge on your client account; and borrowing.
Transaction Costs: The cost of buying and selling underlying securities in the fund. This includes implicit transaction costs which are notional costs, inherent in trading and are not physically paid by the fund. The implicit cost is the difference between the mid-market price of an asset immediately before the order is placed in the market and the price that the deal is struck at. This also includes any dealing costs when buying shares within the client account; transaction costs of underlying investments and 0.5% Stamp Duty Reserve Tax for UK Registered Funds.
Ancillary Costs: Other costs incurred as part of the service.
Incidental Costs: The impact of the performance fee as well as the performance fees and carried interest (if applicable) of the underlying investments.
Reduction in Profit: In the first year, the difference between the performance you could have achieved without fees and performance with fees deducted.
Should an ISA be voided as a result of the ISA regulations a charge of £100+VAT will be levied.
MiFID II (Markets in Financial Instruments Directive) came into effect on 3 January 2018. This is EU legislation that regulates firms providing services to customers linked to various types of investments, including Investment Trust savings plans. As an Investment Trust savings plan provider we are required to comply with this regulation. The data is not intended to be comprehensive or an indicator of future performance and may have been collated using market data and statistical information derived from various third party sources unverified by Columbia Threadneedle Investments. Any use you make of this data is entirely at your own risk, save to the extent that any of the data is incorrectly transmitted or provided by Columbia Threadneedle Investments as a result of its own negligence, wilful default or fraud.
The person selling or advising you about this product may charge you costs in addition to those shown. If so, this person is required to provide you with information about those costs and show you the impact that all costs will have on your investment over time.
To find out more visit ctinvest.co.uk
© 2023 Columbia Threadneedle Investments. Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies. Issued by Columbia Threadneedle Management Limited, authorised and regulated in the UK by the Financial Conduct Authority. UK. WF357137, L136 04/23
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Disclaimer
CT Private Equity Trust plc published this content on 21 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2023 06:07:08 UTC.
