Getting Started
Wise Investment has a straight forward “pay as you go” charge structure.

There is an establishment fee of up to 5% on every amount you invest. This amount may vary and is dependent on adviser remuneration. Details of the actual fee that will be charged can be obtained from your adviser.

Two Free Switches
Investors are allowed to make two free switches between Wise Funds in each 12 month period being the period between anniversaries of their original Wise Investment. Any additional switches between Wise Funds will attract a charge of up to 1% of the amount switched. Asteron can vary the actual fee charged, and details of that fee can be obtained from Asteron at the time investors wish to switch.

Management Fees
A management fee is levied on each Wise Fund. This fee is based on the total assets in each fund and is deducted before unit prices are calculated. The fee is:
1.2% per annum for the Wise Fixed Interest Fund and
1.5% per annum for all other Wise Funds.

Some funds are managed externally. These attract additional fees.

Note that future fee levels applying to Wise Investment may be changed at the discretion of Asteron