Discount Broker for investments, insurance & mortgages
AXA Framlington Investments Discounts
As well as benefiting from a rebate of 100% of our initial commission Clubfinance customers can now enjoy additional discounts an all AXA Framlington Funds. These additional discounts on AXA Framlington Funds are available when purchased using Clubfinance as your agent. We have negotiated an initial charge with AXA Framlington of 0.75% of creation price of shares/units.
Inclusion here does not represent a recommendation or imply that it is a suitable or appropriate product. Even without an additional discount, other funds may have a similar, lower or a 0% initial charge. Funds can be purchased direct from the product provider, or via one of a number of fund supermarkets. (Additional discounts are not applicable to SkandiaTM MultiFunds or SelestiaTM).
The Investment Management Association website has a comprehensive list of authorised UK investment funds, click here.
Please see the table below which highlights
our charge and how discounts will be displayed on your contract note,
excluding Multimanager funds:
Standard initial charge
(added to the creation price) |
Clubfinance Initial Charge (added to creation price) | Initial discount (as displayed on your contract note)* | Renewal commission rebate per year through Clubfinance (NOTE: no renewal commission is paid on regular savings) |
| 5.50% | 0.75% | 4.5% | 0.375% |
| 5.25% | 0.75% | 4.2% | 0.375% |
* - Discounts are expressed
as 'top down', i.e. as a percentage of the amount invested. An example of this is shown below for
a fund with the 5.25% initial
charge:
Assume creation price = 100p
therefore purchase price = 105.25p
purchase price through Clubfinance = 100.75p
Discount through Clubfinance
(105.25-100.75)/105.25 = 4.276% (expressed in the table as
4.2% for prudence as rounding
can lead to variations in the actual discount)
Multimanager funds
For most multimanager
funds, the discounted initial charge will be either 0.75% or 1%.
Please contact us for details of specific multimanager funds.
All funds through Fidelity FundsNetworkTM
All funds are priced on a
'top-down' basis on Fidelity FundsNetworkTM.
The discounted initial charge for Clubfinance
customers will be 0.75%, where the initial charge is not already
zero.
How to invest
Please note to invest through Clubfinance Ltd. please see:
If you already hold AXA Framlington Investments, or any other investment fund, you may be able to benefit from our Renewal Commission rebates, please see:
Clubfinance Ltd is authorised and regulated by the Financial Services Authority. Clubfinance offers an execution-only discount broker service; Clubfinance does not give advice or recommendations. If you have any doubt about the suitability of a particular product or service, or you require advice, you should seek a personal recommendation from an appropriate firm that does give advice. Clubfinance does not produce the products it arranges, or manage the underlying investments. Payments must not be made to Clubfinance, but to the relevant product provider. Contact details for Clubfinance can be found under ‘contact us’. Users of this website should be aware of the following:
Past performance is not a reliable indicator of future results.
The value of investments and the income from them can fall as well as rise as a result of market and currency fluctuations. For many types of investment, you may be placing your capital at risk, meaning that you may not get back the amount originally invested and you may risk losing your entire investment.
Some investments and policies may only be suitable as medium or long-term products.
Tax treatments depend on your individual circumstances and may be subject to change in future.
This website contains financial promotions relating to services offered by and products available through Clubfinance.
In the event of any conflict between product literature and information provided by Clubfinance, the product literature shall prevail.
The information on this website is intended solely for the use of those people who are United Kingdom residents for tax and investment purposes and is governed by our terms and conditions of website usage, please click here for details. It is not for distribution in any other jurisdiction, including the United States of America. Anyone who is not a UK resident should not continue with this site unless wishing to read about personal finances available to UK residents for informational purposes only.
©2004-2008
Clubfinance Ltd, all rights reserved.
Clubfinance Ltd. Registered Office: Charleston House, 13 High Street, Old Town, Hemel Hempstead, Hertfordshire, HP1 3AA
Telephone: 01442 217 287, Fax: 01442 241 045
Registered in England, Registered Number: 04522114. Consumer Credit Licence Number: 608951
Clubfinance Ltd. is authorised and regulated by the Financial Services Authority (400139)