What do all-in costs mean?

This term refers to the total cost of a financial transaction or investment product, including all possible expenses. This may include financing costs, transaction fees, management fees, advisory fees and other additional costs. All-in costs are often expressed as a percentage on an annual basis, giving investors and customers a complete picture of the total costs they incur when entering into an investment or financial transaction. This term is relevant in various contexts, such as investments in funds, taking out loans, or entering into contracts. It provides a more transparent and realistic view of the actual costs associated with a financial decision. Understanding all-in costs is essential for comparing different products and making informed choices in the financial world.