If you want to invest in funds with Bestinvest, they have since 1994 produced a list of underperforming funds to avoid. It’s a great way to help you pick better funds to invest in if you have any in your portfolio.
Bestinvest Fund Investing Review
Name: Bestinvest Fund Investing
Description: Bestinvest has combined low-cost online investing and share dealing with personalised expert advice to help clients choose the right investments for their portfolio. A good choice for large long-term investors.
Capital at risk.
Summary
- Available funds: 1,000
- Fund account fee: 0.2%
- Fund dealing commission: £4.95
- Minimum investment: £1
Fees: Bestinvest charge a 0.2% account fee for holding ready-made portfolios. Above £500,000 it reduces to 0.1%. For other investments, the account fee is 0.4% up to £250k. Dealing commissions £4.95 per online share trade, fund dealing is free.
Pros
- £1 minimum investment
- Advice from experts on demand
- 0.2%* account fee for ready-made fund portfolios
Cons
- Higher 0.4% account fee for none ready-made portfolios
-
Pricing
(4.5)
-
Market Access
(3.5)
-
Online Platform
(3.5)
-
Customer Service
(4.5)
-
Research & Analysis
(4.5)
Overall
4.1- Expert opinion: Bestinvest reviewed & rated
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
