Press Release

Cost Matters… Over 15 Years On, 7IM Still Has Cost Control Top Of Mind

29 Apr 2016

Justin Urquhart Stewart, Head of Corporate Development

Fees and charges have a significant impact on the performance of your investments and, in the same way positive returns compound, so too do the costs attendant to a professional manager managing your money. 7IM have kept costs low for 15 years.

Here at 7IM we understand that charges matter. Paying 1.0% versus 2.0% per annum for the management of your portfolio might seem like a small difference. But compounded over a long period of investing the effect can be considerable! The chart below looks at a £100,000 portfolio invested over a 20 year period. This portfolio, without charges, might have grown to over £265,000. Had you invested that same portfolio, over the same period of time, with a manager charging 3%, the value of the portfolio would be considerably less at just over £148,000.

Cost Matters Graph 1

Our most recently published report and accounts include the ongoing charges for our funds. They show that once again we have been able to reduce the costs associated with our funds. The chart below shows the Ongoing Charge Figures (OCFs) of our 7IM Asset Allocated Passive (AAP) Fund range over the last seven years. The OCF represent the cost an investor can expect to pay for owning a fund. The value can vary from year to year and is made up of the fund manager’s Annual Management Charge (AMC), the fund’s professional fees, as well as audit and custody fees. Our Annual Management Fee includes Dealing Commissions, Nominee and Custody Charges, Entry and Exit Fees, Valuation fees and ISA charges. Most other investment firms will charge extra for these services which can add another 0.5% to 1.0% to your costs.

Cost Matter Graph 2

Our Asset Allocated Passive (AAP) range of funds invest using an Active Asset Allocation, implemented with Passive and Smart Passive instruments.

Furthermore, this OCF of just 0.59% for the 7IM AAP Balanced Fund, when bought on the 7IM Platform, whether on an Advised or a Discretionary basis, INCLUDES:

  • Full Tactical Asset Allocation
  • 7IM Platform
  • Industry leading adviser and client reporting app 7IMagine.

One of the tenets of Seven Investment Management is to be clear and transparent in the things that we do. One way we demonstrate this is by being clear on costs. No fund manager can always be certain of good performance, but one thing you can do is control the costs. We understand that costs are as crucial to investment returns as performance, which is why we never ask you to pay over the odds. We call it Radical Common Sense.


  • About Seven Investment Management:
  • 7IM provides investment services to professional wealth managers, planners and advisers. These include:
  • Discretionary investment management with advice
  • A range of multi-asset portfolios
  • An investment and open architecture trading platform
  • A developed range of banking services
  • A fantastic app, 7IMagine, to bring the client portfolios to life.
  • 7IM – a story of Continuous Innovation

Since 7IM launched back in early 2002, it has pioneered a continuous stream of developments regarding how investment services are provided and charged for. We could just provide a list of our awards but actually think it is more useful to tell you what we have done and what we have provided for clients and their planners - and there is still more to come.

  • January 2001 – First Sterling Online Wrap Account launched with ongoing Asset Allocation
  • January 2003 – First White Label live
  • January 2004 – 7IM OEIC live
  • July 2005 – 7IM Platform live
  • September 2005 – New 7IM Income Fund launched
  • February 2007 – 7IM Sustainable Balance Fund launched
  • December 2007 – 7IM gains its own FSA authorisation and new institutional investors
  • January 2008 – 7IM joins the London Stock Exchange
  • March 2008 – 7IM launches the AAP (Asset Allocated Passives) range of funds
  • October 2009 – 7IM introduces 3rd party multi manager funds into the DFM service
  • October 2009 – 7IM Personal Injury Fund launched
  • April 2011 – 7IM launches enhanced, ‘on-demand’ client reporting
  • January 2012 – 7IM Unconstrained Fund launched
  • June 2012 – 7IM launches Fixed Term Deposits
  • January 2013 – 7IM launches Asset Backed Lending
  • March 2013 – ‘7IMagine’ launched
  • June 2013 - Assets under Management pass £5bn
  • October 2013 – 7IM launches preferred SIPPs with DP Pensions Ltd and Carey Pensions UK
  • October 2014 – Assets Under Management pass £7bn
  • January 2015 – Assets Under Management pass £8bn
  • March 2015 – In partnership with AXA Wealth, 7IM announces preferred Offshore Bond offerin
  • June 2015 – Assets Under Management pass £10bn
  • February 2016 – 7IM launches My Future a new feature of the 7IMagine app which allows advisers and clients to enter the details of their existing savings and pension contributions, we well as spending expectations in retirement to identify when their cash will run out.

For more information, please contact: Justin Urquhart Stewart, 7IM

020 7760 8700 / 07866 427626 /

Before you go

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Seven Investment Management LLP is authorised and regulated by the Financial Conduct Authority. Member of the London Stock Exchange. Registered office: 55 Bishopsgate, London. EC2N 3AS. Registered in England and Wales No. OC378740.

The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.

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