James Hay Wrap Charges

A simple and transparent charging structure

James Hay Wrap contains no hidden charges.

There is an initial cash receipt charge of 0.3% on the first £500,000 of new money received after the Wrap is set up.

James Hay is extending the waiver of the 0.3 per cent cash receipt charge on all new Wrap applications until further notice.

The offer will apply to new client applications received in Salisbury and will apply for the lifetime of the client’s Wrap account.

A monthly charge will also be deducted, based on the value of investments held as shown in the table below and the cost of paying commission to the client’s Financial Adviser.

Charging Structure Table

Overall Wrap Portfolio Valuation*	Transaction charging rate (p.a.)
First £250,000	0.65%
Next £250,000	0.50%
Next £500,000	0.30%
Over £1 million	0.10%
Minimum charge	£66.67 per month

 

*Excluding the cash in the bank account, any product bank account, the Wrap Special Deposit Account and the value of any SIPP property.

Find full details of the charging schedule on our Wrap literature page.