- Investment trust platform charges can be much lower than open-ended funds
- Important to consider how trusts fit into your wider portfolio
Fund managers often face a lot of scrutiny around how much they charge, and rightly so. But you also need to think about how much your platform is charging when considering the overall cost of investment.
Most people use a do-it-yourself investment platform to buy investment trusts, as this is efficient and cheap. With the online platform market having grown rapidly in recent years, there is now a broad range of credible low-cost options for buying investment trusts and it is well worth taking the time to make sure you pick the best option for you. This could save you a lot of sweat and money in the long run.