Quarterly charges
Flexibility, adaptability and choice.
Policy form numbers of GLP4-6 and GPP4-6
The charges below are correct as at 1 October 2025.
For Global Portfolio policyholders with policy form numbers^ of GLP4/5/6 and GPP4/5/6, please refer to the charges as below.
Administration charge
We will take a fixed administration charge on the first day of each calendar quarter to cover the previous quarter’s charge. The current charges are:
| USD 179.80* | HKD 1,485.00 | JPY 28,170.00 |
| GBP 142.00* | CHF 152.70 | AUD 292.00 |
| SGD 244.90 | EUR 163.10 | SEK 1,795.00 |
Dealing charge
We will take a fixed dealing charge each time your clients buy or sell an asset. We will take any dealing charges in the currency of the deal on the last day of the calendar quarter in which the deal was placed. We will not charge this fee when your clients transfer money from a General Transaction Account (GTA) in one currency to one in a different currency. The current charges are:
| USD 54.40* |
SGD 74.20 |
GBP 43.00* |
AUD 88.00 |
CAD 79.50 |
CHF 46.20 |
DKK 369.00 |
| EUR 49.40 |
HKD 450.00 |
JPY 8,530.00 |
NOK 578.00 |
NZD 98.00 |
SEK 543.00 |
ZAR 1,020.00 |
Ad-hoc charge
A charge will be taken from the GTA in the policy currency each time your clients make certain requests in relation to your policy. The current charge is:
| USD 262.70* | GBP 207.50* | SGD 357.90 |
| AUD 426.00 | CHF 223.20 | EUR 238.40 |
| HKD 2,170.00 | JPY 41,170.00 | SEK 2,622.00 |
*Our appointed actuary increases the fixed USD and GBP charges once a year 28 days before the end of December in line with the Retail Prices Index issued by the Isle of Man Government or any replacement Index. Charges in other currencies are set by the appointed actuary four times each year.
Asset exchange charge
We will take a charge for each individual asset in relation to your Global Portfolio policy. If it is necessary to convert it into another currency we will do this at the exchange rate on the day the charge is taken.
| Charge per asset | USD 200* |
** The asset exchange charge is fixed for USD, and the other currency charges update quarterly in line with exchange rate movements.
For confirmation of charges in other currencies, please contact us.
Other policy form numbers
For all other Global Portfolio policyholders’ policy form numbers^ please refer to the charges as below.
Administration charge
We will take a fixed administration charge on the first day of each calendar quarter to cover the previous quarter’s charge. The current charges are:
| USD 333.00* | HKD 2,599.00 | JPY 49,310.00 |
| GBP 248.50 | CHF 267.30 | AUD 510.50 |
| SGD 428.70 | EUR 285.50 | SEK 3,141.00 |
Dealing charge
We will take a fixed dealing charge each time your clients buy or sell an asset. We will take any dealing charges in the currency of the deal on the last day of the calendar quarter in which the deal was placed. We will not charge this fee when your clients transfer money from a General Transaction Account (GTA) in one currency to one in a different currency. The current charges are:
| USD 74.50* |
SGD 95.90 |
GBP 55.60 |
AUD 114.20 |
CAD 102.80 |
CHF 59.80 |
DKK 477.00 |
| EUR 63.90 |
HKD 581.00 |
JPY 11,030.00 |
NOK 747.00 |
NZD 126.90 |
SEK 703.00 |
ZAR 1,318.00 |
Ad-hoc charge
A charge will be taken from the GTA in the policy currency each time your clients make certain requests in relation to your policy. The current charge is:
| USD 366.50* | GBP 273.50 | SGD 471.80 |
| AUD 561.90 | CHF 294.20 | EUR 314.20 |
| HKD 2,860.00 | JPY 54,270.00 | SEK 3,457.00 |
*Our appointed actuary increases the fixed USD once a year 28 days before the end of December in line with the Retail Prices Index issued by the Isle of Man Government or any replacement Index. Charges in other currencies are set by the appointed actuary four times each year.
Asset exchange charge
We will take a charge for each individual asset in relation to your Global Portfolio policy. If it is necessary to convert it into another currency we will do this at the exchange rate on the day the charge is taken.
| Charge per asset | USD 200** |
** The asset exchange charge is fixed for USD, and the other currency charges update quarterly in line with exchange rate movements.
For confirmation of charges in other currencies, please contact us.
^ Your policy form number can be found on your policy schedule.
Please remember that investment involves risk. Fund prices may go up and down depending upon underlying investment performance, and the value of your investment cannot be guaranteed. The value of investments can be impacted by foreign exchange rate movement. You may get back less than you paid in.