Investing in a Fund through intermediatery

Feb 22, 2006 1 Replies

Hello,


I would be grateful if anyone could give me some general guidance on basic issues. I am interested to invest in a fund, I have called the company that manages the fund and they told me I can only buy through an intermediately (broker or bank). The problem I found is that initially I was told from the managing company that the minimum I could invest is £5000 and after some time I was told £10000. Is there any document that would set these figures so that I am sure what they say is right?



The same I would like to ask about commissions and charges. What documents should I ask from either the intermediately (for their charges) and the managing company (for their charges)?



I am doing this for the first time and I am trying to find the most suitable way of going through.


many thanks for the help


Markus



If they have a web site, you should be able to find the "Key features" which ought to answer all your queries.

You will find that even if you can deal direct, you will still pay the fees which would go to a broker. Using a discount broker, like Hargreaves Lansdowne, will get you a rebate of much of the fees charged.

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