I am using Goal and Invest and want to understand how the charges are dealt with in these two modules. Are they dealt with in the same way?

No, they aren’t.

Let’s explain what we do in each module.

Starting with the Goal module. In the asset summary, we show the weighted average of the annual charges based on the current balance only and only include the charges for regular premiums if there is no current balance.

GB 1The percentage shown is made up of these three:


With the Invest module, the charges are based on the current balance and any regular investments in the first year. We assume that any regular investment that starts or finishes within the first year apply for the whole year.