Costs and Charges – Investment Account (GIA)
Invinitive Financial UK Ltd | F&C Apr 2026
This document sets out the fees and charges applicable to the Invinitive General Investment Account (GIA), effective from 1 May 2026. All charges are deducted from your account directly. You must always ensure that sufficient cash is available to cover charges.
1. Set up & Ongoing Administration
| Service | Fee | Notes |
|---|---|---|
| Establishing your GIA | No fee | |
| Paying in any single or regular contribution | No fee |
2. Custody
| Service | Fee | Notes |
|---|---|---|
| Annual Platform Custody Fee (% of AUM) | 0.25% (capped at £400) | Calculated daily, accrued and deducted quarterly (calendar). Pro-rated fees may apply. |
3. Transactions (per transaction)
| Transaction Type | Fee | Notes |
|---|---|---|
| Buying / Selling Mutual Funds | £7.95 | |
| Buying / Selling UK and US Equities and ETFs | £7.95 | |
| Buying / Selling International Equities and ETFs (Except US) | £7.95 + 5bps | Additional basis point charge applies to international markets (excluding US). |
| Buying / Selling of Bonds | £7.95 | |
| Rebalancing of portfolio (per line) | £7.95 | |
| FX transactions (of any size) | £7.95 | FX is executed at the prevailing spot rate at the time of the transaction, plus a conversion margin of 0.0025. |
| In Specie Transfers In/Out (per asset transferred) – International | £50.00 | |
| In Specie Transfers In/Out (per asset transferred) – UK Domestic | £25.00 | |
| Telephone orders and Manual orders placed by Invinitive | £25.00 |
4. Payments
| Payment Type | Fee | Notes |
|---|---|---|
| Faster Payments / Open Banking Withdrawal in GBP | £15.00 | |
| Currency Payments and all International Payments | £25.00 | Withdrawals in a foreign currency may initiate corresponding bank charges. These charges will be paid by the client in all instances. |
5. Other Charges
| Service | Fee | Notes |
|---|---|---|
| Transfer to another GIA with another provider (cash) | No fee | |
| Closing your GIA at any time | No fee | |
| Death; claims, reassignment or payment (where applicable) | £300.00 |
6. Interest Paid on Cash
| Currency | Rate (AER) |
|---|---|
| GBP | Variable as per Citibank |
| EUR | Variable as per Citibank |
| USD | Variable as per Citibank |
7. Important Notes
All platform, trading and FX fees are charged and payable in GBP. Clients must ensure a sufficient GBP cash balance is maintained to cover applicable charges.
Invinitive Annual Custody Fees are calculated daily and accrued, then deducted quarterly (calendar). Pro-rated fees may apply. If you close an account mid-month, a pro-rated fee to that date will be applied before any transfers/withdrawals occur.
Please note that some investments you choose may have their own additional charges applied (initial and annual).
Stamp duty of 0.5% applies on all purchases of UK quoted shares and 1% for Irish quoted shares. Stamp duty is also payable on certain UK incorporated securities which are traded as CREST Depositary Interests (CDIs). There is no stamp duty on purchases of unit trusts, OEICs, ETFs, warrants and Gilts.
Additional charges may be payable for certain international markets. A PTM levy of £1.50 is payable on all UK stock transactions exceeding £10,000.
All charges are deducted from your account directly. You must always ensure that there is sufficient cash in your account to cover our charges and any benefit payments.
Regulatory Information
Invinitive Financial UK Ltd (13086962), Invinitive Trustees Ltd (13143626) and Invinitive Nominee Ltd (14275678) are all registered companies in England and Wales with registered offices at 128 City Road, London, EC1V 2NX. Invinitive Financial UK Ltd is authorised and regulated by the Financial Conduct Authority. FRN 964301.
F&C Apr 2026 | Effective 1 May 2026