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 1.06%, 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 Japan | 0.08% |
Core US S&P | 0.10% |
Core Europe | 0.12% |
Balanced Ethical | 0.17% |
Cautious Fund | 0.17% |
Varied Fund | 0.17% |
Balanced Fund | 0.17% |
Bold Fund | 0.17% |
Growth Ethical | 0.20% |
Real Estate | 0.20% |
Slow & Steady | 0.22% |
Balanced Bundle | 0.22% |
Growth Stack | 0.22% |
Global Tech | 0.32% |
Inflation-Linked Corporate Bonds | 0.43% |
UK Dividends | 0.54% |
Global Health | 0.69% |
Core China | 0.76% |
Emerging Markets | 0.78% |
Biotech and Genomics | 0.83% |
Natural Resources | 0.83% |
Global Gold | 0.84% |
UK Ethical Equity | 0.88% |
Global Dividends | 1.06% |