Nutmeg Customer Reviews
Tell us what you think of this provider.
Use with caution
Based on experience
1. Some of their advisors clearly do not understand their products and oversell – this resulted in them paying a small amount of compensation.
2. As an illiterate their website is full of information but difficult to comprehend
3. Spreading your funds over several risk profiles and types of management highlights the differences in performance – over the last year the highest risk Smart Alpha funds have done well
4. In comparison with other managers – like Aviva and Pru their charges are much lower – you also avoid IFAs charges – which over the long term can have a huge effect on the value of your portfolio. Don’t look at their annual charges – consider what they will cost over 20 years or whatever and compound the growth – you will be shocked. Consider very carefully if the IFA adds any value after the initial advice but they still get their percentage year after year.
Want to transfer out? Be prepared for every trick in the book to prevent you.
It seems that Nutmeg simply want to delay a pension transfer out for as long as they can.
A constant stream of non-committal messages, that seem to take forever in the first place,
I asked for a complaint to be raised and they also can’t be bothered to do that either.
How they can get away with this constant lack of service is beyond me, but when a complaint is finally initiated I intend on letting them explain their lacklustre service to FOS, as based on the postings of other people, they clearly don’t learn.
Abysmal.
Best investing platform
I love the ease of the app and the clarity of customer services help whenever needed.
Good investment broker
User friendly of nutmeg app.
You can see your real profit on your investment
Good strategy
Good strategy
No fuss, easy to use.
No fuss, easy to use.
Small returns but I invest…
Small returns but I invest for longterm
Easy and simple platform, changes…
Easy and simple platform, changes can take a while, but easy enough.
Good all round
Good all round
Easy to use and decent…
Easy to use and decent returns
Nutmeg Expert Review
Nutmeg adds a little spice to your investments
Provider: Nutmeg
Verdict: Nutmeg is a very easy and low-cost way to invest in a range of diverse pre-made portfolios created by experts and are part of J.P. Morgan. Nutmeg were among the first digital wealth managers set up in the UK, known as “robo-advisors”. Despite the term robo-advisors being used, it is an investment team that makes the investment decisions. The term robo-advisors refers more to taking the process of building a diverse portfolio automatically online.
Capital at risk. Tax treatment depends on your individual circumstances and may change in the future.
Is Nutmeg any good for investing?
Nutmeg is a very easy and low-cost way to invest in a range of diverse pre-made portfolios created by experts and are part of J.P. Morgan.
Fees: Nutmeg charge 0.75% for their managed portfolios which drops to 0.35% for balances over £100k. For their fixed allocation portfolios, they charge 0.45% dropping to 0.25% for balances over £100k. For all portfolios, there is an additional charge by the investment fund manager of around 0.2% and the market spread on buying and selling portfolios is currently between 0.04% and 0.09%. More information on fees and products can be found here.
What are you actually investing in with Nutmeg?
Nutmeg is one of the most popular robo-advisors in the UK. And for good reason – over the long term its ready-made portfolios have performed very well. But what does Nutmeg actually invest in? Let’s take a look under the bonnet of this robo-advisor.
You can invest in a general investing account, ISA, JISA or Lifetime ISA. There are 5 investment styles are made up of 34 individual portfolios.
Performance has been profitable over the last ten years, with annual returns for the higher risk portfolio averaging out at 7% per year, which the state is higher than their peers returns at 4.9%. However, those peers are based on the monthly results published by Asset Risk Consultants (ARC) which computes the average returns from discretionary investment managers based on risk profile, after fees.
I would say a better comparison of Nutmeg’s performance would be against other robo-advisors like Moneyfarm’s mid-risk portfolio of 11.4%.
The past performance shown represents a composite of asset-weighted average returns for Nutmeg client portfolios, net of all fees. A composite return represents the average return of all client accounts for a given risk level on a given day, weighted by assets. Past performance is not a reliable indicator of future performance.
Nutmeg’s ready-made portfolios
With Nutmeg, there are five different types of ready-made portfolios you can invest in. These are:
- Fixed allocation portfolios
- Fully managed portfolios
- Socially responsible investment portfolios
- Smart Alpha portfolios
- Thematic investing portfolios
All of these portfolios contain a mix of stocks and bonds. More specifically, they contain a mix of stock and bond exchange-traded funds (ETFs).
ETFs are low-cost funds that typically track market indexes (FTSE 100, S&P 500, etc.), asset classes, or market segments. They’re an easy way to gain exposure to a diversified range of investments without having to buy each one individually.
The exact mix of different ETFs you get will depend on the risk level of the portfolio that you choose. Below, we look at how some of the portfolios are invested.
Fixed allocation portfolios
Nutmeg’s fixed allocation portfolios offer passive investing with a global, multi-asset allocation. The mix of investments in the portfolios is set by the Nutmeg investment team at the beginning, rebalanced automatically, and reviewed once a year.
A lot of this portfolio is invested in large-cap US and UK stocks.
As for the types of the ETFs in these portfolios, here’s a look at the breakdown of the highest risk level portfolio (risk level 5) as of 30 September 2024.
| Xtrackers MSCI USA UCITS ETF | 31.40% |
| iShares Core FTSE 100 UCITS ETF | 16.60% |
| iShares Core S&P 500 UCITS ETF (GBP Hedged) | 16.10% |
| iShares Core MSCI Emerging Markets IMI UCITS ETF | 7.80% |
| Vanguard FTSE Developed Europe ex UK UCITS ETF | 5.80% |
| iShares MSCI USA Small Cap ESG Enhanced UCITS ETF | 4.80% |
| Vanguard FTSE 250 UCITS ETF | 3.40% |
| iShares Core MSCI EMU UCITS ETF (GBP Hedged) | 2.80% |
| Amundi MSCI Japan UCITS ETF | 2.30% |
| iShares Core MSCI Pacific ex Japan UCITS ETF | 2.20% |
| UBS MSCI Canada UCITS ETF | 1.90% |
| UBS MSCI Japan UCITS ETF (GBP Hedged) | 1.60% |
| iShares MSCI Japan Small Cap UCITS ETF | 1.00% |
| UBS MSCI Switzerland 20/35 UCITS ETF (GBP Hedged) | 0.90% |
| iShares MSCI EMU Small Cap UCITS ETF | 0.50% |
| UBS MSCI Canada UCITS ETF (GBP Hedged) | 0.50% |
| CASH | 0.30% |
And here’s a look at the lowest risk portfolio (risk level 1) as of 30 September 2024.
This portfolio is more focused on government and corporate bonds but still has some equity exposure.
| Lyxor UK Government Bond 0-5 Year UCITS ETF | 21.80% |
| Lyxor Core UK Government Bond UCITS ETF | 21.20% |
| iShares GBP Corporate Bond 0-5 Year UCITS ETF | 17.40% |
| Shares GBP Ultrashort Bond UCITS ETF | 15.80% |
| Xtrackers MSCI USA UCITS ETF | 6.40% |
| iShares Core GBP Corporate Bond UCITS ETF | 3.50% |
| iShares Core FTSE 100 UCITS ETF | 3.40% |
| iShares Core S&P 500 UCITS ETF (GBP Hedged) | 3.20% |
| iShares Core MSCI Emerging Markets IMI UCITS ETF | 1.60% |
| Vanguard FTSE Developed Europe ex UK UCITS ETF | 1.30% |
| iShares MSCI USA Small Cap ESG Enhanced UCITS ETF | 0.80% |
| Shares Core MSCI EMU UCITS ETF (GBP Hedged) | 0.70% |
| Vanguard FTSE 250 UCITS ETF | 0.60% |
| Amundi MSCI Japan UCITS ETF | 0.50% |
| iShares Core MSCI Pacific ex Japan UCITS ETF | 0.50% |
| UBS MSCI Japan UCITS ETF (GBP Hedged) | 0.50% |
| UBS MSCI Canada UCITS ETF | 0.50% |
As you can see, these ready-made portfolios hold many different ETFs.
Fully managed portfolios
The fully managed portfolios are similar to the fixed allocation portfolios in that they offer a global, multi-asset allocation. However, the key difference is that with these portfolios, Nutmeg’s investment experts monitor them actively and adjust them for you.
There is a heavy focus on US stocks in fully managed portfolios.
Here’s a breakdown of the highest risk fully managed portfolio as of 30 September 2024.
| iShares Core S&P 500 UCITS ETF | 19.50% |
| iShares Core S&P 500 UCITS ETF (GBP Hedged) | 13.50% |
| Invesco S&P 500 UCITS ETF | 9.00% |
| Shares Core FTSE 100 UCITS ETF | 8.30% |
| Invesco EQQQ Nasdaq-100 UCITS ETF | 6.40% |
| Vanguard FTSE 100 UCITS ETF | 5.30% |
| Shares MSCI EM EX-China UCITS ETF | 4.30% |
| Vanguard FTSE 250 UCITS ETF | 4.20% |
| Invesco S&P 500 UCITS ETF | 4.10% |
| JPMorgan Betabuilders US Small Cap Equity UCITS ETF | 4.00% |
| iShares Core MSCI Emerging Markets IMI UCITS ETF | 3.80% |
| Amundi MSCI Japan UCITS ETF | 2.50% |
| iShares MSCI Europe Industrials Sector UCITS ETF | 2.50% |
| iShares Core MSCI EMU UCITS ETF (GBP Hedged) | 2.40% |
| UBS MSCI Switzerland 20/35 UCITS ETF (GBP Hedged) | 1.80% |
| Xtrackers MSCI Nordic UCITS ETF | 1.60% |
| iShares Core MSCI EMU UCITS ETF | 1.40% |
| UBS MSCI Canada UCITS ETF (GBP Hedged) | 1.40% |
| iShares Core MSCI Pacific ex Japan UCITS ETF | 1.30% |
| UBS MSCI Japan UCITS ETF (GBP Hedged) | 1.30% |
| iShares MSCI Japan Small Cap UCITS ETF | 1.00% |
| CASH | 0.30% |
And here’s a look at the lowest risk fully managed portfolio as of 30 September 2024. This portfolio is more focused on short-term bonds.
| iShares GBP Ultrashort Bond UCITS ETF | 33.00% |
| Lyxor UK Government Bond 0-5 Year UCITS ETF | 26.10% |
| iShares GBP Corporate Bond 0-5 Year UCITS ETF | 17.10% |
| Lyxor Core UK Government Bond UCITS ETF | 10.80% |
| Invesco S&P 500 UCITS ETF | 2.40% |
| Invesco S&P 500 UCITS ETF | 2.00% |
| iShares Core FTSE 100 UCITS ETF | 1.70% |
| iShares Core S&P 500 UCITS ETF (GBP Hedged) | 1.00% |
| iShares MSCI EM EX-China UCITS ETF | 0.90% |
| Amundi MSCI Japan UCITS ETF | 0.70% |
| iShares MSCI USA Small Cap ESG Enhanced UCITS ETF | 0.70% |
| iShares MSCI Europe Industrials Sector UCITS ETF | 0.60% |
| Vanguard FTSE 250 UCITS ETF | 0.50% |
| iShares Fallen Angels High Yield Corporate Bond UCITS ET (GBP Hedged) | 0.50% |
| Invesco EQQQ Nasdaq-100 UCITS ETF | 0.50% |
| iShares USD High Yield Corporate Bond UCITS ETF (GBP Hedged) | 0.50% |
| iShares Core GBP Corporate Bond UCITS ETF | 0.50% |
| CASH | 0.30% |
Socially responsible investment portfolios
Nutmeg’s socially responsible investment (SRI) portfolios are invested in equity and bond ETFs that have a focus on environmental, social, and governance (ESG) factors. Like the fully managed portfolios, there’s continuous oversight from Nutmeg’s in-house investment team.
The largest holdings are US and UK equity ESG products.
Here’s a breakdown of the highest risk SRI portfolio as of 30 September 2024.
| UBS Irl ETF PLC – MSCI USA Socially Responsible UCITS ETF | 18.80% |
| UBS MSCI United Kingdom IMI Socially Responsible UCITS ETF | 16.70% |
| iShares MSCI USA SRI UCITS ETF | 14.30% |
| UBS MSCI ACWI Socially Responsible UCITS ETF (GBP Hedged) | 13.50% |
| UBS MSCI USA Socially Responsible UCITS ETF (GBP Hedged) | 10.50% |
| UBS MSCI Emerging Markets Socially Responsible UCITS ETF | 6.50% |
| UBS MSCI World Socially Responsible UCITS ETF | 6.10% |
| UBS MSCI EMU Socially Responsible UCITS ETF | 5.20% |
| UBS MSCI EMU Socially Responsible UCITS ETF (GBP Hedged) | 3.50% |
| iShares MSCI Japan SRI UCITS ETF | 3.10% |
| iShares MSCI Japan SRI UCITS ETF (GBP Hedged) | 0.80% |
| Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF | 0.70% |
| CASH | 0.30% |
And here’s a look at the lowest risk SRI portfolio as of 30 September 2024. This is mainly focused on short-term ESG fixed income products.
| iShares USD Corporate Bond 0-3 Year ESG UCITS ETF | 32.90% |
| iShares GBP Ultrashort Bond ESG UCITS ETF | 31.80% |
| Lyxor UK Government Bond 0-5 Year UCITS ETF | 11.10% |
| UBS Bloomberg MSCI US Liquid Corporates Sustainable UCITS ETF (GBP Hedged) | 5.60% |
| Lyxor Core UK Government Bond UCITS ETF | 5.00% |
| UBS Irl ETF PLC – MSCI USA Socially Responsible UCITS ETF | 3.80% |
| UBS MSCI United Kingdom IMI Socially Responsible UCITS ETF | 2.10% |
| UBS MSCI ACWI Socially Responsible UCITS ETF (GBP Hedged) | 2.10% |
| SPDR Bloomberg 15+ Year Gilt UCITS ETF | 1.70% |
| UBS MSCI USA Socially Responsible UCITS ETF (GBP Hedged) | 1.70% |
| UBS MSCI Emerging Markets Socially Responsible UCITS ETF | 0.80% |
| iShares MSCI Japan SRI UCITS ETF | 0.50% |
| UBS MSCI EMU Socially Responsible UCITS ETF | 0.50% |
| CASH | 0.30% |
Smart Alpha portfolios
With the Smart Alpha portfolios, asset allocation is managed by Nutmeg’s in-house investment team, who make tactical adjustments to the portfolios based on JP Morgan Asset Management’s research. The aim is to achieve higher returns by investing in more niche ETFs.
Here’s a breakdown of the highest risk Smart Alpha portfolio as of 30 September 2024. The largest holdings here are JP Morgan equity products.
| JPMorgan US Research Enhanced Index Equity ESG UCITS ETF | 35.50% |
| JPMorgan Global Research Enhanced Index Equity ESG UCITS ETF (GBP Hedged) | 22.50% |
| JPMorgan UK Equity Core UCITS ETF | 14.40% |
| JPMorgan Global Emerging Markets Research Enhanced Index Equity ESG UCITS ETF | 8.50% |
| iShares MSCI World Small Cap UCITS ETF | 8.10% |
| JPMorgan Europe Research Enhanced Index Equity ESG UCITS ETF | 5.70% |
| JPMorgan Japan Research Enhanced Index Equity ESG UCITS ETF | 3.50% |
| JPMorgan AC Asia Pacific ex Japan Research Enhanced Index Equity ESG UCITS ETF | 1.20% |
| CASH | 0.50% |
And here’s a look at the lowest-risk Smart Alpha portfolio as of 30 September 2024. This is mainly invested in JP Morgan bond ETFs.
| JPMorgan GBP Ultra-Short Income UCITS ETF | 39.50% |
| SPDR Bloomberg 15+ Year Gilt UCITS ETF | 10.90% |
| JPMorgan BetaBuilders UK Gilt 1-5 YR UCITS ETF | 9.50% |
| JPMorgan Global Research Enhanced Index Equity ESG UCITS ETF | 7.50% |
| JPMorgan US Research Enhanced Index Equity ESG UCITS ETF | 4.50% |
| JPMorgan Global Research Enhanced Index Equity ESG UCITS ETF (GBP Hedged) | 4.50% |
| JPMorgan USD Corporate Bond Research Enhanced Index ESG UCITS ETF (GBP Hedged) | 4.50% |
| JPMorgan EUR Corporate Bond Research Enhanced Index ESG UCITS ETF (GBP Hedged) | 4.50% |
| JPMorgan UK Equity Core UCITS ETF | 3.50% |
| JPMorgan Global Aggregate Bond Active UCITS ETF | 2.50% |
| JPMorgan Global Emerging Markets Research Enhanced Index Equity ESG UCITS ETF | 2.50% |
| JPMorgan Global High Yield Corporate Bond Multi-Factor UCITS ETF (GBP Hedged) | 2.00% |
| iShares MSCI World Small Cap UCITS ETF | 1.50% |
| JPMorgan USD Emerging Markets Sovereign Bond UCITS ET (GBP Hedged) | 1.00% |
| JPMorgan Japan Research Enhanced Index Equity ESG UCITS ETF | 1.00% |
| CASH | 0.50% |
Thematic investing portfolios
Finally, Nutmeg’s thematic investing portfolios have been designed to help you invest in trends shaping the future. There are three different portfolios here – Technological innovation, Resource transformation, and Evolving consumer (each with multiple risk levels).
With these portfolios, the bulk of your money is invested in globally diversified ETFs that are not specific to your chosen theme. However, some capital is allocated to niche ETFs that are focused on your chosen theme.
Here’s a breakdown of the highest-risk Technological Innovation portfolio as of 30 September 2024.
As you can see, there are ETFs focused on themes such as cloud computing, cybersecurity, robotics, and semiconductors.
| iShares Core S&P 500 UCITS ETF | 15.50% |
| iShares Core S&P 500 UCITS ETF (GBP Hedged) | 10.70% |
| Invesco S&P 500 UCITS ETF | 7.20% |
| iShares Core FTSE 100 UCITS ETF | 6.60% |
| iShares Digital Security UCITS ETF | 6.20% |
| iShares Robotics and Automation UCITS ETF | 6.00% |
| Invesco EQQQ Nasdaq-100 UCITS ETF | 5.10% |
| Vanguard FTSE 100 UCITS ETF | 4.20% |
| First Trust Cloud Computing UCITS ETF | 4.20% |
| VanEck Semiconductors UCITS ETF | 4.00% |
| Shares MSCI EM EX-China UCITS ETF | 3.40% |
| Vanguard FTSE 250 UCITS ETF | 3.40% |
| JPMorgan Betabuilders US Small Cap Equity UCITS ETF | 3.20% |
| Invesco S&P 500 UCITS ETF | 3.20% |
| Shares Core MSCI Emerging Markets IMI UCITS ETF | 3.00% |
| iShares MSCI Europe Industrials Sector UCITS ETF | 2.00% |
| Amundi MSCI Japan UCITS ETF | 2.00% |
| iShares Core MSCI EMU UCITS ETF (GBP Hedged) | 1.90% |
| UBS MSCI Switzerland 20/35 UCITS ETF (GBP Hedged) | 1.40% |
| Xtrackers MSCI Nordic UCITS ETF | 1.30% |
| iShares Core MSCI EMU UCITS ETF | 1.10% |
| UBS MSCI Canada UCITS ETF (GBP Hedged) | 1.10% |
| Shares Core MSCI Pacific ex Japan UCITS ETF | 1.00% |
| UBS MSCI Japan UCITS ETF (GBP Hedged) | 1.00% |
| iShares MSCI Japan Small Cap UCITS ETF | 0.80% |
| CASH | 0.30% |
Here’s a breakdown of the highest risk Resource transformation portfolio as of 30 September 2024.
Here, there are ETFs focused on themes such as clean energy and water.
| iShares Core S&P 500 UCITS ETF | 15.50% |
| iShares Core S&P 500 UCITS ETF (GBP Hedged) | 10.70% |
| Invesco S&P 500 UCITS ETF | 7.20% |
| iShares Core FTSE 100 UCITS ETF | 6.60% |
| VanEck Global Mining UCITS ETF | 6.20% |
| iShares Global Water UCITS ETF | 5.90% |
| Invesco EQQQ Nasdaq-100 UCITS ETF | 5.10% |
| Global X Uranium UCITS ETF | 4.50% |
| Vanguard FTSE 100 UCITS ETF | 4.20% |
| iShares Global Clean Energy UCITS ETF | 3.70% |
| iShares MSCI EM EX-China UCITS ETF | 3.40% |
| Vanguard FTSE 250 UCITS ETF | 3.40% |
| JPMorgan Betabuilders US Small Cap Equity UCITS ETF | 3.20% |
| Invesco S&P 500 UCITS ETF | 3.20% |
| iShares Core MSCI Emerging Markets IMI UCITS ETF | 3.00% |
| iShares MSCI Europe Industrials Sector UCITS ETF | 2.00% |
| Amundi MSCI Japan UCITS ETF | 2.00% |
| iShares Core MSCI EMU UCITS ETF (GBP Hedged) | 1.90% |
| UBS MSCI Switzerland 20/35 UCITS ETF (GBP Hedged) | 1.40% |
| Xtrackers MSCI Nordic UCITS ETF | 1.30% |
| iShares Core MSCI EMU UCITS ETF | 1.10% |
| UBS MSCI Canada UCITS ETF (GBP Hedged) | 1.10% |
| iShares Core MSCI Pacific ex Japan UCITS ETF | 1.00% |
| UBS MSCI Japan UCITS ETF (GBP Hedged) | 1.00% |
| iShares MSCI Japan Small Cap UCITS ETF | 0.80% |
| CASH | 0.30% |
Here’s a breakdown of the highest risk Evolving consumer portfolio as of 30 September 2024.
This portfolio has ETFs focused on themes such as demographic change, healthcare innovation, and emerging global wealth.
| iShares Core S&P 500 UCITS ETF | 15.50% |
| iShares Core S&P 500 UCITS ETF (GBP Hedged) | 10.80% |
| Invesco S&P 500 UCITS ETF | 7.20% |
| iShares Core FTSE 100 UCITS ETF | 6.60% |
| iShares MSCI EM Consumer Growth UCITS ETF | 5.80% |
| iShares Ageing Population UCITS ETF | 5.50% |
| iShares Digitalisation UCITS ETF | 5.20% |
| Invesco EQQQ Nasdaq-100 UCITS ETF | 5.10% |
| Vanguard FTSE 100 UCITS ETF | 4.20% |
| iShares Healthcare Innovation UCITS ETF | 3.90% |
| iShares MSCI EM EX-China UCITS ETF | 3.40% |
| Vanguard FTSE 250 UCITS ETF | 3.40% |
| JPMorgan Betabuilders US Small Cap Equity UCITS ETF | 3.20% |
| Invesco S&P 500 UCITS ETF | 3.20% |
| iShares Core MSCI Emerging Markets IMI UCITS ETF | 3.00% |
| iShares MSCI Europe Industrials Sector UCITS ETF | 2.00% |
| Amundi MSCI Japan UCITS ETF | 2.00% |
| iShares Core MSCI EMU UCITS ETF (GBP Hedged) | 1.90% |
| UBS MSCI Switzerland 20/35 UCITS ETF (GBP Hedged) | 1.40% |
| Xtrackers MSCI Nordic UCITS ETF | 1.30% |
| iShares Core MSCI EMU UCITS ETF | 1.10% |
| UBS MSCI Canada UCITS ETF (GBP Hedged) | 1.10% |
| iShares Core MSCI Pacific ex Japan UCITS ETF | 1.00% |
| UBS MSCI Japan UCITS ETF (GBP Hedged) | 1.00% |
| iShares MSCI Japan Small Cap UCITS ETF | 0.80% |
| CASH | 0.30% |
Is Nutmeg safe?
Yes, Nutmeg is regulated by the FCA which means that your funds may be protected (up to a point) by the FSCS. However, it’s important to note that when you invest the value of your portfolio can go up as well as down.
Is Nutmeg fully managed worth it?
Using a fully managed investment account is worth it if you are not confident in choosing specifically what you want to invest in for your future. By using a managed platform like Nutmeg, they regularly adjust your portfolio to balance risk.
Are Nutmeg fees too high?
Nutmeg’s fixed allocation fees are some of the lowest in the industry and cheaper than Wealthify and Moneyfarm, However, their other portfolios are slightly higher. You can compare robo-advisor fees here.
What do Nutmeg invest in?
Nutmeg invest in ETFs to build globally diversified portfolios, these are tailored to your goals and risk profile, and invested in exchange traded funds (ETFs). ETFs are a great way to invest as they follow the stock market and give you exposure to a wise range of investments without having to buy each one. You can read more in our guide to ETFs.
Pros
- Great for beginners
- Risk-based funds
- Socially Responsible Portfolios
Cons
- High £500 minimum investment
- 0.75%* account fee higher than Wealthify
- Cannot invest in individual shares
- Score (4.5)
Overall
4.5Capital at risk. Tax treatment depends on your individual circumstances and may change in the future.
Nutmeg News
Nutmeg’s Lifetime Stocks & Shares ISA – should you invest?
Under 40, struggling to save as much as you need? If so, Nutmeg’s lifetime stocks and shares ISA may just be the solution you’ve been looking for. Since the Government launched the lifetime ISA in 2017, a growing number of investment firms have been getting in on the act. One of these is Nutmeg who
Is Nutmeg good for Junior ISA investing?
Yes, Nutmeg is a very simple way for you to invest for your children in a Junior ISA for when they turn 18. Nutmeg’s JISA portfolios are linked to the stock markets which typically outperform cash interest rates and inflation. But, the stock market can be choppy and sometimes goes down, so if you don’t
Is Nutmeg’s pension any good?
Yes, it is safe to invest in a pension with Nutmeg as they are regulated by the FCA an owned by J.P. Morgan (one of the largest banks in the world). However, there is risk with all investing and all pensions are linked to the stock market so there is a risk that at some
Nutmeg Introduces Thematic Portfolios
Nutmeg the discretionary investment manager now owned by JP Morgan has added a new thematic portfolio style to its range of products. New Nutmeg Thematic Portfolios The new Thematic Portfolios, from the investment manager, will allow Nutmeg clients to put their money directly into the trends and themes that will shape our future. Nutmeg will
John Lewis partners with Nutmeg to offer investment and savings
The John Lewis Partnership, the owner of department and grocery stores beloved by UK middle-class professionals, is branching out into financial services, through a joint venture with Robo adviser Nutmeg Investments. The retailer will offer its customers access to Stocks and Shares ISAs, Junior ISAs and a general investment account. John Lewis already offered credit
JP Morgan buys Nutmeg for £700m as it moves into UK digital banking
US banking giant JP Morgan made a surprising move by announcing the acquisition of Nutmeg, subject to regulatory approval, for an undisclosed sum. Nutmeg was one of the first investment platforms in the UK to embrace so-called Robo-advice, and it has amassed more than 130,000 clients and is currently managing around £3.50 billion in assets.
Nutmeg increases client base to over 100,000 active investors
Nutmeg squirrels away new clients and grows AUM as investors embrace digital wealth platforms Robo Advisor Nutmeg hit a milestone today crossing the 100,000 client threshold largely thanks to a substantial Covid related boost. Client numbers at the group rose by a heady 33% as new clients scrambled to invest in the climate of economic
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