as of 06/03/2020 at 10:24 am
This is a pretty simple choice and will suit newcomers who just want to get going with a brand they know and trust. There are five ready-made solutions from which to choose. There is also a sixth investment option: the Climate Change Fund. There are no individual company shares or funds from other groups.
The charges range from 0.6-1% a year all-in for their simple ‘passive’ portfolios. This is the vanilla ice cream option for the stocks and shares ISA world. Move on if you’re after double choc chip with sprinkles.
Mid-sized investment service from the bank
|Minimum amounts:||£500 minimum initial amount for the Climate Change fund (or £100 monthly, or £50 monthly if by direct debit)
£1 minimum initial amount for all other funds
|12 month indicative performance:||
Virgin's Bond, Gilt, UK and Overseas Share fund (medium risk fund) returned 15.2% across 2019.