Mutual Funds - Fees
Updated over a week ago

At Plum, we're committed to making investing simple and accessible for everyone. But to do that, we must be completely transparent about any fees and expenses involved. When it comes to Mutual Funds, it's essential to be aware of two types of fees: Provider Fee and Annual Fund Management.

To facilitate the process, those fees are automatically deducted every time you make a buy order in a Mutual Fund. This means that you may receive a slightly lower amount of shares or units than expected when the buy order is completed.

Please note that there are no fees for withdrawing/selling your Mutual Funds or transferring your Mutual Funds account to another provider.


Provider Fee

The provider fee is charged by Saveable Limited, a Plum Group Company that is responsible for managing your investment account. This includes services like buying and selling funds, preparing statements, and ISA/GIA management. It’s fixed at 0.45% of your total buy order.


Annual Fund Management

The annual fund management is charged directly by the manager of each fund and it covers the service of creating the fund. It’s ranging from 0.06% to 0.90%, depending on the fund you want to invest in. In the table below, you can see the management fee for each fund in detail.

Fund Name

Management Fee

Core UK All Share

0.06%

Core US S&P

0.10%

Core Europe

0.12%

Balanced ESG

0.17%

Cautious Fund

0.17%

Varied Fund

0.17%

Balanced Fund

0.17%

Bold Fund

0.17%

Growth ESG

0.20%

Slow & Steady

0.22%

Balanced Bundle

0.22%

Growth Stack

0.22%

Global Tech

0.32%

Global Health

0.69%

Emerging Markets

0.78%

UK Ethical Equity

0.90%

Did this answer your question?