Finance

Ledgerline Global Index

Ledgerline Asset Co.

A cheap tracker is only cheap once you add the platform charge.

8.5/10 Worth comparing 0.12% OCF
Specifications
OCF0.12%
Transaction costs0.02% disclosed
Tracking difference−0.15% over 3 yrs
HoldingsAbout 3,600 companies
AccumulationYes, and income class

What we found

The 0.12% line in the fee arithmetic. The point of that piece is that platform charge plus OCF plus transaction costs is the number to compare, and each layer is quoted separately on purpose.

Nothing here is a recommendation to buy. It is a worked example of how to read the cost disclosure.

Good

  • Total cost sits at the bottom row of the fee table
  • Transaction costs disclosed rather than buried
  • Accumulation class removes a reinvestment chore

Less good

  • Cheapest on a capped-fee platform; a percentage platform undoes it
  • Tracking difference is not zero, and never is

Written about in

Bought at retail. No sample, no affiliate placement, no changes after publication except corrections.

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