Share Plan costs & charges Q&A

A. Charges are reported as a percentage of your investment i.e. your average monthly holdings value for the account in question for the relevant reporting period. The monthly holding value is calculated based on daily unit positions (and so includes changes in the month) with the value calculated using the monthly NAV (Net Asset Value) price as at the end of each month.

A. Under the new regulations we are required to send you details of the Costs and Charges applied to your account(s) once each year. This costs and charges disclosure will be provided annually and will cover all holdings in the account it relates to and will cover the total costs and charges for the previous calendar year (i.e. 1st January to 31st December) for that account. We will send this with your quarterly statement(s), valued as at 5th January.

A. No. The costs and charges disclosure does not include IFA charges; these will be disclosed by your IFA where applicable.

A. Unfortunately not. The costs and charges disclosure cannot be requested on an ad hoc basis. Copies of the annual costs and charges disclosure for the last period where this was calculated can be provided upon request.

A. Third party payments are payments received by Aberdeen Asset Managers Ltd in connection with the investment service provided to the investor and are regarded as part of the cost of the service to the investor. For example, elements of costs paid that are then rebated to Aberdeen Asset Managers Ltd such as commissions from a third party in respect of transactions.

A. Product costs are specific to each Investment Trust and paid directly by the Investment Trust Company in question, whereas Service Costs are those you incur directly as a result of holding the shares in a product ‘wrapper’, like an ISA for instance.

A. This is shows the total effect costs and charges have had on the return you have received on all of the investments held in this account over the previous calendar year.

A. Plan administration fees are waived from the date that the company either suspended trading on the market or was placed into voluntary liquidation. As this statement is produced for the full calendar year it may include charges that have accrued prior to this date.

A The ongoing charges figure within your recent statement has been calculated in accordance with European legislation for Packaged Retail and Insurance based Investment Products (PRIIPS), this is the same method we use to provide an estimate based on historic costs in the Key Information Document (KID). The ongoing charges figure on your statement will differ to the figure included in the factsheet as the methods of calculation differ. The PRIIPS ongoing charges figure includes transaction costs (i.e. buying and selling of assets within the Trust’s Portfolio) and other charges which are not included in the factsheet ongoing charges figure. Due to the difference in the calculation method between the two figures there may be significant differences, however, it is important to remember that there are no new charges. Your statement just presents them in a different way (as prescribed by regulation) to the factsheet in an attempt to make all the costs within the trust more transparent to investors.