Investing through Cavendish Online
Cavendish Online has agreed an exclusive deal with FundsNetwork™ to power the Cavendish Online FundSupermarket which will offer our customers the cheapest route to buy and manage their investments.
Cavendish Online customers will now benefit from:
- NO initial charges on all funds
- NO switching fees
- NO Cavendish Online fee
- 100% rebate of natural trail commission
This deal allows Cavendish Online to continue to offer the best route to buy your investments. There will also be NO fees payable to Cavendish Online when you make any new investments or top up your existing investment.
How will Cavendish Online earn an income?
An investor WILL NOT pay anything directly to Cavendish Online. The only charge that an investor will have to pay is the AMC (Annual Management Charge). Cavendish Online will then rebate any natural trail commission received back to the client. Cavendish Online will retain a small proportion of the total annual charge payable, equivalent to £5.76 per annum for an ISA valued at £11,520 (which is the 2013/14 ISA limit).
The illustration below shows a typical fund (Invesco Perpetual High Income) where an AMC of 1.5% is charged. By using Cavendish Online you will be rebated 0.5% of this every year.
Make a NEW investment?
MOVE an existing investment?