Requesting a Fee Illustration
Fee illustrations, available at the touch of a button via the GrowthInvest platform, provide greater transparency to those making investments in the tax-efficient and alternative investment space, and can be included in suitability reports in advance of making investments.
This guide will walk you through how to request these via the platform.
Go to app.growthinvest.com
1. Select the “Shortlists” tab
Begin your journey by accessing the main dashboard. From the Investments tab, select “Shortlists”. Please note that Fee Illustration requests are only available from within a Shortlist. For further information, please see our separate Guide to Creating a Shortlist.
2. Chose your “Shortlist”
Click on the name of the “Shortlist” you have created previously in order to open the more detailed view, which includes the name of each potential investment.
3. Shortlist
Check you are happy with the exact investments listed on the shortlist, along with the proposed investment amounts and all the fees. Please pay particular attention to how the fees are being facilitated – i.e fees added or fees deducted – As this will have a knock-on effect on the overall amount being invested, and the illustration.
4. Click “Fee Illustration”
To download a fee illustration, click the Fee Illustration button.
5. Request the “Fee Illustration”
On the pop-up, select the investments you’d like to include on the Fee Illustration and press Download. Can’t see a shortlisted investment? Make sure you’ve added all the necessary information and try again. If your scenario is more complex than our standard fee illustration provides, you can also request that our team create a specific bespoke version for you. Simply tick the relevant tick box which states that you’ve reviewed the downloadable illustration and the scenario is more complex. As a reminder, full explanations of the calculations shown and other frequently asked questions are all available on the fee illustration itself.
6. Request another “Fee Illustration”
If you’d like to generate multiple illustrations which show different investment scenarios, either simply edit the shortlisted investment or, on the Fee Illustration pop-out, adjust the selection of products.
7. Ready to Invest
To begin the investment process, click the ‘Propose and Invest’ button to open the final review page.
8. Select the Investments
Using the tick boxes, select the investments you’d like to proceed with and click continue. Please note, this will trigger our automated process.
If you do not select all of the proposed investments in a shortlist, these will continue to be available for a future investment date, or if required, can be deleted.
For further information about the platform or our process, please review our other educational materials available in our Knowledge Centre or speak with a member of our team.