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How do the fees work on the Tembo Stocks & Shares Lifetime ISA?
How do the fees work on the Tembo Stocks & Shares Lifetime ISA?
Anya Gair avatar
Written by Anya Gair
Updated over 2 months ago

Our Stocks and Shares Lifetime ISA has a platform fee of 0.35% and an annual fund provider fee of 0.17%. These fees are applied to the total value of the funds within your Stocks & Shares Lifetime ISA, not just any profits.

The platform fee is taken at the start of each month (0.35%/12) based on the value of your investments at the end of the previous month. The annual fund provider fee is charged by Blackrock as the fund provider. This is an annual fee of 0.17% which is reflected in the fund's performance, meaning it is taken into account when calculating the daily value of your holdings and is taken gradually over the year.

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