Effect of charges & expenses calculation

Accurately calculating 'effect of charges & expenses' tables and 'reduced rate of return' figures for a Key Features Document or Simplified Prospectus relies upon careful interpretation of the current FSA regulations and the development of a sophisticated calculation engine.

Whilst this could be developed in-house by an actuarial team with sufficient experience and resource, Huguenot recognise that this is a complex area of regulation and that many investment houses do not have the support available to continually review changes in regulations.

Huguenot have worked hand-in-hand with a consulting actuary, who has specialised this in field since the introduction of Non-Life Disclosure in 1997, to develop an 'industry standard' methodology, now endorsed by several of the major UK fund management companies.

Our calculation engine works in strict accordance with the projection rules set out in Conduct of Business Sourcebook 13 of the FSA Handbook and is regularly reviewed to ensure that our methodology is always up-to-date and fully compliant.

We provide a 'tried and tested', fully outsourced solution.

Our service covers...

• Unit trusts, OEIC/SICAV funds and investment trusts
• Specialist consultancy for split capital investment trusts
• Complex charging structures - post, telephone, online dealing
• Production of FSA comparative tables
• Fully outsourced service for fund supermarkets and other open-architecture services