The Global Bonds portfolio invests in bonds issued by governments and companies around the world.

While bonds are generally less volatile than shares, this is still an investment product. The value can go up or down and your capital is at risk. Bond prices can fluctuate due to changes in interest rates, inflation expectations, and credit conditions.

The Global Bonds Portfolio is designed to provide diversification, income, and lower volatility compared to equity-focused portfolios.

It is typically used as part of a broader investment strategy rather than as a standalone growth portfolio.

Unlike cash or savings products, bonds are traded investments whose value can fluctuate.

The Global Bonds Portfolio offers the potential for income and diversification benefits, but it does not provide capital guarantees or FSCS protection in the same way as cash savings.

The portfolio may generate income from bond interest payments, but income levels can change over time and are not guaranteed.

Any income is reflected in the value of the investment rather than being fixed or predictable.

We try to be as transparent as possible about our fees and to keep costs down. Here is a link to our full fees and charges schedule.

To summarise, for the Global Bonds portfolio, we charge 0.25% AuM-based fees per year. This is charged as a percentage of your investment amount, and is billed monthly.

In addition, we pass through some additional trading and product, government and ancillary fees, which we call 'Portfolio Expenses'. For Global Bonds, we estimate this to be 0.10%. This includes:

• ETF costs: Any ETFs contained within the portfolio incur annual fund fees which cover the ETF fund management and transaction costs. They are charged by the ETF not by Sidekick and are deducted from the value of your investments and are subject to change.

• Market Spread: When we buy and sell assets on your behalf, the value of the price we pay will be impacted by "market spread". This is the difference between the price to buy and the price to sell - this can have have an impact on fees.
• Government or ancillary costs: E.g. UK Stamp Duty: 0.5% (applied by the UK Government when buying UK stocks electronically) and UK PTM levy: £1 on trades above £10k. These pass-through fees are subject to change and will be adjusted according to modifications by the Regulatory Authority.