Costs and Charges Illustrations

Example 1: Information Concerning Costs and Related Charges for an Equity Portfolio


This standardised cost example is designed to provide an overview of estimated costs pursuant to EU regulation. It does not constitute marketing material. The costs shown are indicative. Costs which will actually be incurred may be different from this indication.

Example covers January 1 - December 31

Scenario

Portfolio Assumptions
Initial Investment £10,000.00
Margin 0.00%
Notional Amount £10,000.00
"Round-Trip" Trades Executed 12
Estimated Rate of Return 4.50%
Baseline Costs / Fees
"Round Trip" per Trade Fee* £12.00
Financing Rate 0.00%
Monthly Activity Fee £0.00
Monthly Market Data Fee £5.00
Research News and Fees £0.00
Fees Applicable to Investment
"Round Trip" Trade Fee £144.00
Financing £0.00
Monthly Activity Fee £0.00
Market Data Fee £60.00
Research News and Fees £0.00
TOTAL FEES £204.00
Gross Return
Initial Investment £10,000.00
Estimated Rate of Return 4.50%
End Value - Investment £10,450.00
Net Return
Investment Gain in £ £450.00
Minus Fees Related to Investment £204.00
Net End Value of Gain £246.00
Net End Value of Investment £10,246.00
Net Return on Investment 2.46%
Impact of Fees in BPS -204

* Entry Fee £6.00 + Exit Fee £6.00
This example illustrates a portfolio engaged in trading equities. Market Data services have been selected by the portfolio.

Example 2 (Professional Clients): Information Concerning Costs and Charges for Shares Contract For Difference(CFD)

Scenario


This standardised cost example is designed to provide an overview of estimated costs pursuant to EU regulation. It does not constitute marketing material. The costs shown are indicative. Costs which will actually be incurred may be different from this indication.

Example covers January 1 - December 31
Portfolio Assumptions
Initial Investment £10,000.00
Margin Rate 10.00%
Notional Amount Available £100,000.00
"Round-Trip" Trades Executed 12
Estimated Rate of Return 19.13%
Baseline Costs / Fees
Trading Commissions 0.050%
CFD Financing Fee = 1.5% + Benchmark 1.858%
Monthly Activity Fee £0.00
Monthly Market Data Fee £5.00
Research News and Fees £0.00
Fees Applicable to Investment
Trading Commissions £600.00
Financing £1,672.20
Monthly Activity Fee £0.00
Market Data Fee £60.00
Research News and Fees £0.00
TOTAL FEES £2,332.20
Gross Returns


Notional
End Value - Investment £119,130.00
Start Value - Notional Amount £100,000.00
Gross Gain on Investment £19,130.00
Estimated Rate of Return 19.13%


Initial Investment
End Value - Initial Investment £29,130.00
Start Value - Initial Investment £10,000.00
Gain on Investment £19,130.00
Rate of Return 191.30%
Net Returns


Notional
Gross Return on Investment in £ £19,130.00
Minus Fees Related to Investment £2,332.20
Net Return on Investment in £ £16,797.80
Gross Return on Notional Investment % 19.13%
Net Return on Notional Investment % 16.80%
Impact of Fees on Notional Return (in BPS) 233.22


Initial Investment
Gross Return on Initial Investment £19,130.00
Minus Fees Related to Investment £2,332.20
Net Return on Initial Investment in £ £16,797.80
Gross End Value - Initial Investment £29,130.00
Net End Value - Initial Investment £26,797.80
Gross Return on Initial Investment 191.30%
Net Return on Initial Investment 167.98%
Impact of Fees on Initial Investment Return (in BPS) -2,332.20

This example illustrates a portfolio engaged in trading Shares CFDs. Market Data services have been selected by the portfolio.

Example 3 (Retail Clients): Information Concerning Costs and Charges for Shares Contract For Difference(CFD)

Scenario


This standardised cost example is designed to provide an overview of estimated costs pursuant to EU regulation. It does not constitute marketing material. The costs shown are indicative. Costs which will actually be incurred may be different from this indication, and different margins and costs apply to retail and professional clients respectively.

Example covers January 1 - December 31
Portfolio Assumptions
Initial Investment £10,000.00
Margin Rate 20.00%
Notional Amount Available £50,000.00
"Round-Trip" Trades Executed 12
Estimated Rate of Return 20.00%
Baseline Costs / Fees
Trading Commissions 0.05%
CFD Financing Fee = 2.5% + Benchmark 2.89%
Monthly Activity Fee £0.00
Monthly Market Data Fee £5.00
Research News and Fees £0.00
Fees Applicable to Investment
Trading Commissions £300.00
Financing £1,447.00
Monthly Activity Fee £0.00
Market Data Fee £60.00
Research News and Fees £0.00
TOTAL FEES £1,807.00
Gross Returns - Notional
End Value - Investment £60,000.00
Start Value - Notional Amount £50,000.00
Gross Gain on Investment £10,000.00
Estimated Rate of Return 20.00%
Gross Returns - Initial Investment
End Value - Initial Investment £20,000.00
Start Value - Initial Investment £10,000.00
Gain on Investment £10,000.00
Rate of Return 100%
Net Returns - Notional
End Value - Initial Investment £60,000.00
Minus Fees Related to Investment £1,807.00
Net Return on Investment £58,193.00
Start Value - Notional Amount £50,000.00
Estimated Rate of Return 16.39%
Impact of fees on Notional Return in BPS 361.4
Net Returns - Initial Investment
Gross End Value - Initial Investment £20,000.00
Minus Fees Related to Investment £1,807.00
Net End Value - Initial Investment £18,193.00
Gross Return on Initial Investment 100%
Net Return on Initial Investment 81.93%
Impact of Fees on Initial Investment Return in BPS 1807

This example illustrates a portfolio engaged in trading Shares CFDs. Market Data services have been selected by the portfolio.

Example 4: Information Concerning Costs and Charges for Stocks / Warrants

Scenario


This standardised cost example is designed to provide an overview of estimated costs pursuant to EU regulation. It does not constitute marketing material. The costs shown are indicative. Costs which will actually be incurred may be different from this indication.

Example covers January 1 - December 31
Portfolio Assumptions
Initial Investment £100,000.00
Margin 0.00%
Notional Amount £0.00
"Round-Trip" Trades Executed 60
Estimated Rate of Return 37.16%
Baseline Costs / Fees
Trading Commissions £4.10
Financing 0.15%
Monthly Activity Fee £4.12
Market Data Fee £0.00
Research News and Fees £0.00
Fees Applicable to Investment
Trading Commissions* £245.96
Financing* £148.96
Monthly Activity Fee* £4.12
Market Data Fee £0.00
Research News and Fees £0.00
TOTAL FEES £399.04
Gross Return
End Value - Investment £137,160.00
Initial Investment £100,000.00
Gross Gain on Investment £37,160.00
Estimated Rate of Return 37.16%
Net Return
Gross Return on Investment in £ £37,160.00
Minus Fees Related to Investment £399.04
Net Return on Investment in £ £36,760.96
Net Return on Investment % 36.76%
Net Impact of Fees on Return (in BPS) -39.90

* This example illustrates a portfolio engaged in a variety of investing activities and, as such, all fees represent an aggregate blended rate based on the underlying investment activity.