Nutmeg Customer Reviews
Tell us what you think of this provider.
Jessica @ 04/28/2019 08:42
The platform is easy to use for a beginner. It is easy to see how much interest you are earning.
Online Platform: 5/5
Customer Service: 4/5
Fees & Pricing: 4/5
Vito @ 04/28/2019 08:40
I’ve been using Nutmeg for over 6 months now. I’m really happy with how user-friendly and easy to use their app is. Their customer support team were swift in their responses and made sure the matter was addressed properly. What I also really appreciate is their email updates which consist not only of their view of the market/stocks/economy outlook, but also keeps me informed about tax planning and other relevant matters to me. I would most definitely recommend this platform.
Online Platform: 5/5
Customer Service: 5/5
Fees & Pricing: 5/5
Kye Yeung @ 04/28/2019 08:29
Very clear how to set up a “pot” assigning a level of risk you are comfortable with. Also the new socially responsible styles is a big plus if you care about where your money is invested.
Online Platform: 5/5
Customer Service: 5/5
Fees & Pricing: 5/5
Jose Ermina @ 04/28/2019 08:21
Great way to invest. Intuitive, easy to use.
Online Platform: 4/5
Customer Service: 3/5
Fees & Pricing: 4/5
Timothy Higgs @ 04/28/2019 08:20
I have recently set-up a Stocks & Shares ISA with Nutmeg and it has been a smooth process with no hiccups to date after I got used to the web-site layout. The setting up process is remarkably quick and intuitive for a financial product and I am pleased with the flexibility regarding chopping and changing my risk profile before settling for a ‘balanced’ portfolio.
Nutmeg use ETFs to construct a portfolio which keeps fund management fees to a minimum but the overall platform fee is merely average (hence the 3-star rating) though I am wondering whether economies of scale will kick in as they attract more investors and the platform fee will come down?
It is relative easy to view the individual portfolios for the different investment risk levels and they appear sensible if perhaps somewhat unimaginative which is probably what most investors would want anyway. You can opt for individually tailored portfolios with a more active management style (involving humans!) rather than the default ‘invest and walk away’ option (which I have gone for) but the management fee increases considerably for the active option to a point where I do not think it is competitive. Ultimately if you are going to “panic” on every market correction and require the complete rejigging your portfolio then investing is probably not for you, investing is for the long-term remember, and so in my view active management would likely be counterproductive provided you are invested across a range of asset classes (equities, bonds, cash, commercial property, infrastructure, etc).
The web-site provides a projection for the value of your investments into the future is a very neat feature comprising a fan chart indicating a range of probabilities projected to a target date selected by you but the returns are hardly ‘shoot out the lights’ even for the riskier portfolios.
The web-site login is a little subpar comprising a simple login and password protocol which considering that significant sums could be held on this platform isn’t really adequate in the modern era where hackers have sophisticated tools. The login protocol should comprise a minimum of two passwords with random characters taken from these for each login in case of keyboard trackers and perhaps a security question (perhaps a memorable date) too?
So in conclusion there is certainly room for improvement especially with the login protocol but Nutmeg is probably the best of the “roboadvisor” investment platforms and deserves 4-stars overall.
Online Platform: 4/5
Customer Service: 4/5
Fees & Pricing: 3/5
Karl @ 04/28/2019 08:19
Nutmegs service is so simple and transparent that a child could probably use it to invest! Very nice interface, simple assessments, deposit your money and let it grow. IÔÇÖve been super impressed by the communications during the recent downturns but also on a more regular basis to help improve investor understanding.
Online Platform: 5/5
Customer Service: 5/5
Fees & Pricing: 5/5
Jon Smith @ 04/28/2019 08:17
Very easy to use and transparent. This was my first dabble into the investment world and it was an excellent starting place.
Online Platform: 5/5
Customer Service: 5/5
Fees & Pricing: 5/5
Cecilia Rosa @ 04/28/2019 08:16
Nutmeg was the easiest and most straight forward platform I found to start investing. I had zero experience and they helped me to understand what and how to do. I was a little sceptical because the name didn’t ring a bell in the beginning, but the platform is solid and I felt secure investing my money there.
Online Platform: 5/5
Customer Service: 5/5
Fees & Pricing: 5/5
Chris @ 04/28/2019 08:15
Great service combined with ease of use. Regular communication and useful information, highly recommend
Online Platform: 5/5
Customer Service: 5/5
Fees & Pricing: 5/5
A Fraser @ 04/28/2019 08:15
They make investing simple for everybody. Nutmeg’s site is fresh and intuitive. In fact I’ve been so impressed with their service, pricing and focus I moved my other investments over to their platform.
Online Platform: 5/5
Customer Service: 5/5
Fees & Pricing: 5/5
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
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 The Sunday Times, 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.
To contact Richard, please ask a question in our financial discussion forum.
