as of 06/03/2020 at 10:18 am
Barclays Smart Investor is the new investment service from the high street bank. There are loads of investment options, including funds from Barclays and other groups, and you can buy and sell company shares. It does offer a good blend of research which is equally strong across both funds and shares/listed securities.
For novice investors, the ‘Barclays Ready-made Investments’ give you an all-in-one portfolio, spreading your money around many different investments in one go.
There’s a slightly complex set of charges. Minimum and maximum monthly account fees mean there are cheaper options available for those with very small or very large portfolios. There are also transaction charges on funds, so it can be expensive for those that regularly invest small amounts into multiple funds.
Large banking and investment firm / huge global brand
£0 minimum investment
|12 month indicative performance:||
A medium risk fund returned 9.7% in 2017, after charges.
"I am a beginner investor and would like to invest in a "socially responsible" Stocks & Shares ISA. I have looked into the Nutmeg and Wealthify funds, having found out about them through the Money Saving Expert website. Is there information about any other such providers on your website? And do you have any advice about how to compare the "socially responsible" criteria on the different funds?"
16/04/2019Read our reply