Fees
No initial product fees and a simple flat annual administration fee makes iSelect one of the most cost effective investments available. In addition, the funds on iSelect have undertaken to refund all or part of the annual administration fee.
| Administration | Unit Trust | Adviser Fee | |
|---|---|---|---|
| Initial | 0 % | 0 % | 0 % - 3.42 % negotiable between financial advisers and clients |
| Annual | 0.456 % less management company refund |
 iSelect list of funds |
0 - 1.14 % negotiable between financial advisers and clients |
Administration fees using a sample of iSelect funds:
| Investec Managed Fund | Coronation Balanced Plus Fund | Allan Gray Stable Fund | |
|---|---|---|---|
| Initial product administration fee | 0 % | 0 % | 0 % |
| Annual product administration fee (incl. VAT)1 | 0.456 % | 0.456 % | 0.456 % |
| Refund from management company (incl. VAT) | -0.456 % | -0.456 % | -0.171 % |
| Net annual product administration fee (incl. VAT) | 0 % | 0 % | 0.285 % |
1 Refunds are at the discretion of each management company and are subject to change. The level of refund may also vary, with some management companies providing a refund of less than 0.456 % (incl. VAT)
