GLOSSARY

OCF

IN PLAIN ENGLISH

Ongoing charges figure: a fund's yearly running costs, the manager's fee included, as a percentage of what you hold.

WHERE YOU MEET IT

Not shown in the app. It's the headline charge on a UK fund's factsheet.

WATCH OUT FOR

It leaves out the fund's own transaction costs, which are reported separately.

EXPLAINED IN

OCF, TER, AMC — three acronyms, one idea

Educational content only. It is not personal financial advice.