How is the total Fund charges for a plan calculated?

The total Fund charge that you will see at the bottom of a list of funds is the weighted charge based on balance allocation and charge percentage.  Here is a list of funds with a total OCF of 0.71%.

Fund

Allocation

OCF

Zurich Allianz Emerging Markets Equity Pn 1% AP

20%

0.550%

Zurich Fixed Interest Deposit Pn AP

80%

0.750%

Total

100%

0.71%

In this example, the weighted calculation is calculated as follows:

(20 x 0.55) + (80 x 0.75) / 100 = 0.71%