Another fee to consider is the management fee of the funds in the portfolio. These are charged by the fund providers for the work they do to maintain the asset balance within the funds, their legal reporting requirements and so on.
It isn't charged by Mercer Invest Wise and won't be deducted directly from your Mercer Invest Wise account, it is factored into the price of the fund.
The only fee we charge on top of our management fee is a 0.2% fee on currency conversion in cases where we need to buy or sell different currencies in your account.
And just to be clear our fees include VAT already so you won't be charged that on top.