Nutmeg Stocks & Shares ISA Review
Name: Nutmeg Stocks & Shares ISA
Description: Nutmeg offers off-the-shelf portfolios across its ISA range to suit four different investment styles. Investors can choose between four different portfolios, including fully managed, smart alpha, socially responsible and fixed allocation.
Capital at risk. Tax treatment depends on your individual circumstances and may change in the future.
Summary
- Investments: Pre-made portfolios
- Minimum deposit: £500
- Management fee: 0.75%-0.45%
- Dealing fee: £0
Fees:
Nutmeg charge 0.75% for their managed ISA portfolios which drops to 0.35% for balances over £100k. For their fixed allocation ISA portfolios they charge 0.45% dropping to 0.25% for balances over £100k. For all portfolios there is an addition charged by the investment fund managers of around 0.2% and the market spread on buying and selling portfolios is on average 0.07%.
More information on products and charges can be found here.
Pros
- Simple ISA investment platform for beginners
- Regular ISA investing available (one off payments or Direct Debits)
- Scaled account fees that reduce as your ISA grows
Cons
- Cannot invest in individual shares
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Pricing
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Market Access
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Online Platform
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Customer Service
(4.5)
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Research & Analysis
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