as of 23/01/2019 at 2:22 pm
Standard Life is a big brand player with a relatively simple service to get less confident savers up and running. Standard Life offers an Easy Option with ready-made portfolios, plus a self-select service if you want a bit more choice – it’s funds only, there are no individual company shares. The Easy Option has five ‘MyFolio’ funds with different combinations of investments and levels of risk.
The ‘MyFolio’ investments they use are 'actively managed', which makes them a bit more expensive than some others. But these are well-respected products in the industry which will aim to perform better than lower-cost passive alternatives. Costs are about 1.3%-1.5% all-in. So not cheap. But solid and respected.
Large firm: manages £bns on behalf of investors and financial advisers
|Minimum amounts:||£50 minimum monthly amount
£500 minimum initial amount
|12 month indicative performance:||
A medium risk fund returned 8.2% in 2017, after charges.