Charges

EdenTree Responsible and Sustainable Short Dated Bond Fund

EdenTree Responsible and Sustainable Managed Income Fund

EdenTree Responsible and Sustainable UK Equity Opportunities Fund

Amity Balanced Fund for Charities

Amity Global Equity Fund for Charities

Initial charge 

This is the maximum that might be taken out of your money before it is invested. In some cases you may pay less – you can find this out from your financial adviser or distributor.

Exit charge

This is the maximum amount that might be taken out of your money before the proceeds of your investment are paid out on redemption. There is no exit charge for any of our funds.

Annual management fee (AMC)

This is a fixed annual charge paid to Edentree Investment Management Limited as the Authorised Corporate Director of the Fund. It is calculated as a percentage of the net asset value of the fund, accrued daily and paid monthly.

Ongoing charge (OCF)

This charge includes all expenses associated with the operation of the fund and typically includes the annual management fee referred to above, plus the fees of the Depositary, Custodian, Registrar and Auditor. The figure is normally based on the actual costs for the previous year.

Performance fee

No performance fee is charged on any of our funds.

Broker commission/ stamp duty and transfer taxes

Funds incur broker commission and transfer taxes (Stamp Duty in the UK) as a necessary cost of buying and selling the underlying investments in a fund. The costs for buying and selling investments vary depending on the country and type of investment. Historic costs are an indication only, they are not predictable and should not be relied upon as an effective indicator of future costs.

Dilution levy

EdenTree Investment Management Limited operates a single pricing methodology and reserves the right to charge a Dilution Levy of up to 1% to protect the fund from the costs of buying and selling investments. Dilution may apply on any occasion when the net sales or net redemptions exceed 0.5% of the net asset value of the fund. As dilution is related to inflows and outflows it is not possible to accurately predict when it will be charged.