Average Fund fee
Source: Financial Markets Authority's consolidated fund updates as at 31 September 2018. The above sets out a comparison of fees only. Simplicity is a passive rather than active manager. It assumes a static balance during the year, and is calculated on a per annum basis. Some fee information supplied by the fund managers may be estimated rather than actual. Only includes manager's basic fee, management and administration charges and annual membership fees. All Simplicity Funds charge the same fees.