Fund charges and transaction costs
There are a number of ways in which your client may pay to invest in Architas funds; these fall into two categories:
- Charges for the services provided by the manager and other organisations involved in the running and promotion of the fund.
- Transaction costs inherent in dealing in investments. In general, your client would have to pay these costs even if they invested directly in the assets that the funds hold, although an individual investor is likely to have to pay proportionately more than a collective fund.
Source: Financial Express. Please remember that past performance is not a guide to future performance. The value of your investment and any income from it can fall as well as rise as a result of market movements and increases or decreases in currency exchange rates. It is not guaranteed and you could get back less than you invest. In addition, the income paid or reinvested is not fixed and can go down as well as up.
The Architas Multi-Manager Monthly High Income Fund may invest over 35% of its assets in investments issued by a single local, national or supranational government (supranational government means an international union of different member states that share decision making, for example the European Union). Each of these funds can invest entirely in units of collective investment schemes.
For further information on any of the Architas funds, please refer to the Key Investor Information document, prospectus (which is available upon request) or seek advice from your financial adviser.