What are the real costs of holding investment trusts on platforms?

Research by the lang cat

The Association of Investment Companies (AIC) and the lang cat have released new research to provide more clarity on platform costs when investing in investment trusts.

The research, which was conducted by the lang cat, revealed the costs of holding portfolios of investment companies between £25,000 and £1m on 17 different adviser platforms. It also explored the costs associated with trading investment companies within model portfolios, showing which platforms have in-house dealing desks. The heatmap below shows the cost of a portfolio invested 50/50% in open-ended funds and investment companies, with four transactions (buys or sells) a year. The colour of each cell indicates relative cost, where green is cheaper and red is more expensive. As c...