A maths question for you to work out for me please.
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A maths question for you to work out for me please.
Need to find answer to this please.
My pension is invested into 3 different funds in the following ratio's
Fund 1 makes up 54% of my pension and charges 0.23% a year running costs
Fund 2 makes up 40% of my pension and charges 1.08% a year running costs
Fund 3 makes up 6% of my pension and charges 0.43% a year running costs
What then is my running costs in total for my pension a year?
Thanks.
My pension is invested into 3 different funds in the following ratio's
Fund 1 makes up 54% of my pension and charges 0.23% a year running costs
Fund 2 makes up 40% of my pension and charges 1.08% a year running costs
Fund 3 makes up 6% of my pension and charges 0.43% a year running costs
What then is my running costs in total for my pension a year?
Thanks.
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I just wanted a % running cost of the total 100% of the pension as each varying part has differing charges
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#8
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Just done it myself this way-said the total figure was a theoretical £100 so worked out what 0.23% of £54 was, then 1.08% of £40 and then 0.43% of £6 then just added them together to get 0.5758%.
Is that right?
Is that right?
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