What is the difference between the MER and total fees and costs?
The MER is one component. Total fees and costs is the number that actually leaves your balance.
A complete figure assembles:
- Management fees and costs
- Performance fees
- Transaction and operational costs inside the fund
- Administration or platform fees, where you invest through a platform
- Adviser service fees, where you use an adviser
- Buy-sell spreads, paid on the way in and out
InvestHAQ uses total fees and costs as the headline wherever a complete figure can be assembled from disclosure, and shows the components underneath it.
Factual and educational information only. Nothing on this page is financial product advice, a recommendation, or a Shariah ruling. Consider your circumstances and the product's disclosure documents, and seek licensed advice and qualified scholarly guidance before acting.