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Ongoing Charges Figure (OCF)
Much like the AMC and TER, the OCF provides an indication of the annual costs involved in managing an investment. It includes a broader range of expenses and charges than the AMC or TER and therefore provides the most accurate measure of the costs affecting an investment. An OCF is not paid in addition to an AMC, the AMC is included within the OCF.
Last updated:
9 December 2024 at 08:30:25
Disclaimer
This glossary definition has been deliberately kept as simple as possible to give a brief outline of the term to assist with general financial knowledge. It is not intended to give a detailed explanation. Please refer to our Legal Declarations.
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