Fund Overview - commission and fees

PortfolioManager funds are available in two share classes:

Class A shares are designed for clients who pay an agreed commission to their Adviser.
Class N shares are designed for clients who pay their Adviser a fee.

A Class - commission-based share class

CHARGES	Defensive	Cautious	Balanced	Adventurous	Aggressive
Fund code	FNDA	FNCA	FNBA	FNVA	FNAA
Initial commission	5%	5%	5%	5%	5%
Initial charge	5%	5%	5%	5%	5%
AMC*	1%	1%	1%	1%	1%
Ongoing commission	0.5%	0.5%	0.5%	0.5%	0.5%
Estimated additional expenses	0.95%	1.02%	1.12%	1.22%	1.25%

Initial charges can be rebated through giving up initial commission on a one-to-one basis. For example, an initial charge of 3% will equate to an initial commission of 3%.

N Class - nil commission-based share class

CHARGES	Defensive	Cautious	Balanced	Adventurous	Aggressive
Fund code	FNDN	FNCN	FNBN	FNVN	FNAN
Initial commission	0%	0%	0%	0%	0%
Initial charge	0%	0%	0%	0%	0%
AMC*	0.5%	0.5%	0.5%	0.5%	0.5%
Ongoing commission	0%	0%	0%	0%	0%
Estimated additional expenses	0.95%	1.02%	1.12%	1.22%	1.25%

*AMC - annual management charge

Expenses for the PortfolioManager funds are estimated as at launch. Actual expenses may be higher or lower.

Useful information

	Application form

	Download Investment Solutions literature

	Order literature