as of 30/10/2018 at 5:39 pm
AJ Bell Youinvest is a low cost option for people who are comfortable with investing. There are loads of investment options – including individual shares and funds. It’s therefore likely to confuse the less confident and it could take a while to wade through it all. It does have a range of low cost all-in-one passive funds for those who want someone else to do the heavy lifting.
Charges start off at 0.25% for the platform, excluding any funds charges. This tiers down for large portfolios and there’s a cap on shares on shares. This tends to make them pretty low cost, whether you have a small or large portfolio containing shares or funds. There are fund dealing charges, so there are cheaper options available for those that regularly invest small amounts into multiple funds.
Large firm: manages £bns on behalf of investors and financial advisers
|Minimum amounts:||£25 minimum monthly amount
£500 minimum initial amount
|12 month indicative performance:||
AJ Bell's passive fund range has less than one year track record.