Why you pay fees and costs

There are fees and costs associated with any type of investment.

For example, if you buy or sell a house you pay real estate agent fees and legal costs. If you buy or sell shares you pay brokerage.

The fees you pay to us enable us to invest on your behalf.

To invest your money, we engage a range of investment, legal, taxation and other specialists who:

• research, buy, sell and hold investments
• keep records, pay out distributions and provide you with regular updates
• pay tax, arrange an annual audit and issue statements
• monitor legislation and ensure your investments are administered appropriately, and
• provide information online and over the phone at your convenience.