Does T212 charge for ongoing charges e.g OCF/TER

📊 Investing
1

Hi

Does T212 charge any ‘Ongoing Charge (OCF/TER)’ e.g One of my S&P funds has a charge of 0.03% according to fact sheets I have found….

Thanks!

2

The OCF is charged by the fund/ETF provider itself and it’s auto-deducted.
I guess you’ve got either the SPDR or UBS S&P 500 ETF so the 0.03 OCF is charged by State Street or UBS. The OCF is normally reflected in the ETF’s returns.
For example, if the underlying assets return 10% and the OCF is 0.03%, the actual return of the ETF is 9.97%

3

Great . Thanks! Appreciated