as of 04/09/2020 at 7:57 am
BMO offers a decent range of investment trusts along with the flagship F&C Investment Trust which is a mixed bag of global shares. Fixed fees on accounts (£72 for an ISA, £48 for a GIA and £30 for a Junior ISA) are decent. However the 0.2% charge on investments bought on the ISA will be relatively high for any investment sizes which are higher than £5,000. This structure means this is best suited to buy and hold investors who will not trade much, and who are happy with a limited choice of own-brand investment trusts.
Not for people who want to pick and choose, this will suit those who want a limited range of decent investments from a well-established and well-respected global fund manager, with minimum fuss and a decent website.
A huge global fund manager that manage over $850b (CAD) in assets. They have been in the game for a long time, with their Investment Trust founded over 150 years ago.
|Minimum amounts:||£50 direct debit (£30 for JISAs)
£500 initial investment, £250 thereafter.