Fund fee drag calculator (TER)

One percent sounds like rounding. Over twenty years it is not, and most of what it takes is not the fee itself.

Starting amount (€)

Added each month (€)

Years

Annual return before fees (%)

Ongoing charge (TER) (%)

You put in

€82,000

Before fees

€196,665

After fees

€171,714

Taken by the charge

€24,951

12.7% of the final balance

The charge removes more than the money deducted. Each year’s fee would otherwise have stayed invested and compounded for every remaining year, so what is lost is a slice of all the future growth that money would have produced — which is why the gap widens rather than staying proportional.

The full breakdown, including what the TER does not cover, is in what a 1% TER actually costs you over 20 years.

General information about how this calculation works, not financial or tax advice. See our terms.