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OUR FEES

Simple, Transparent and low

We are ‘fee-only’ which means we receive no commission or rebates from anyone.  There are no initial fees or exit fees when you buy an investment through us – Lexo’s fees are aligned with your success.

We receive no incentive, monetary or otherwise from anybody other than you our investor.

Lexo’s Fees

Lexo’s fee structure ranges from a maximum of 30 basis points (0.3%) a year down to 10 basis points (0.1%) —depending on the size of the account.

Below is a breakdown of the annual fees based on the value of the assets:

ASSET VALUE% FEE
£1 – £249,9990.30
£250,000 – £599,9990.25
£600,000 – £999,9990.20
£1 Million – £3,999,9990.15
£4 Million and over0.10
Fund Management Fees

The investment fees a fund manager charges can be confusing and sometimes misleading to the consumer.  At Lexo we disclose the OCF (Ongoing Charges of the Fund).  This is the most comprehensive figure available the fund management industry are able to disclose.

The OCF is the compilation of expenses for the underlying funds used in our modern theory portfolios, these range from 0.25%-0.35%.  The lower gross expense ratio denotes more fixed income and the higher gross expense ratio denotes more equity specifically small cap and value shares. There are no initial fees or commissions associated with Dimensional Funds.

Custodian Fees

Lexo split’s out the custodian’s fees to provide you with better clarity.  Custodian fees are what you pay to hold your investments, some provider package these together with the provider and fund management fees, Lexo likes the transparency. 

The custodian fees are split between Fundment’s fee of 0.15% up to £500,000, 0.10% from £500,000 to £1m and 0.05% over £1m, plus Timeline’s fee of 0.09% making a total Custodian Fee of 0.24% to 0.14%.

Fees Calculator

Enter Investment Amount (£):
 
I will use a:
Lexo GIA
Lexo ISA
Lexo Pension
 
 

Fee

Initial Fee

Annual Fee

Lexo Fees
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Custodian Fees
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Total Fees
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Total Fees (%)
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The calculator is for illustrative purposes only, please refer to you personalised Key Features Illustration for an exact breakdown of fees and charges.

Lexo is ‘fee-only’ which means we receive no commission or rebates from anyone. We receive no incentive, monetary or otherwise, from anybody other than you, our investor.

This allows us to be free from the conflicts associated with ‘fee-based’ or commission-based transactions inherent in the industry.

All fees are automatically paid from your Lexo account.

There are no set-up or exit fees when you invest through us – our fees are aligned with your success. Couple that with the low costs of our funds and you’ll enjoy more of your money from day one.