Like other investment managers Nutmeg charges a fee for managing your investments. This is based on a percentage of your portfolio value. But rather than burying our fees in the small print, we want to be clear and upfront about what we charge.
With investment, your capital is at risk.
As with any investments, there are costs involved. But we do our best to keep our fees as low as possible. And rather than burying them in the small print, we make them clear from the get-go.
Input estimated investment
Nutmeg fee per annum, including VAT where applicable
Like other investment managers, Nutmeg charges a fee for managing investments. This is charged as a percentage of your portfolio value, and it includes VAT where applicable. Nutmeg calculate the fee daily based on your portfolio value at the close of business and then collect fees automatically from your Nutmeg account once a month.
Average investment fund cost per annum
As with any other investment manager, Nutmeg use your money to buy investments on your behalf. These funds carry their own charges that impact your portfolio performance. But that’s why Nutmeg primarily use exchange-traded funds (ETFs) — to keep your costs as low as possible. This figure also accounts for estimated transaction costs within the funds.
The average investment fund cost for a Nutmeg socially responsible portfolio is based on current fund costs, asset weighted.
Average effect of market spread per annum
When you invest with Nutmeg, they buy and sell assets on your behalf. Like all trading activity, during this process, they are subject to market spread. This is defined as the difference between the price to buy, and the price to sell.
To give you an example, when exchanging currency for a holiday abroad, you’ll see a different price when buying the foreign currency than when selling it back again. The price you buy at is known as the 'offer' price and the price you sell at is the 'bid' price. The difference between them is known as the bid-offer, or market spread.
Nutmeg use exchange-traded funds (ETFs) to build your portfolio, which, like currencies and most financial instruments, have a market spread. We work hard to choose ETFs with smaller spreads, and we combine customer orders when trading to minimise this cost.
Our socially responsible portfolios are built by experts and use ETFs to diversify across stocks, bonds, and commodities.
Our socially responsible portfolios (SRI) are tilted towards companies and bond issuers that have high environmental, social and governance (ESG) standards. These portfolios are proactively managed by our experienced investment team.
Annual costs and charges
0.75% up to £100k, 0.35% beyond
+Average investment fund cost: 0.32%
+Average market spread: 0.07%
Fees are charged monthly based on the annual rates.
We'll show you how much your paying and how it affects returns. Learn more about how and when we charge fees.
Fees will be automatically deducted from your account - there's no extra payment to be made.
Fees are calculated daily at close of business.
Fees are calculated daily based on the values and fee rates for your socially responsible pot at the close of business, and then collected automatically once per month. Learn more about how we calculate fees.
You can withdraw anytime from an ISA or general investment account. Only the child can withdraw from a Junior ISA, and only at 18. If the funds are not withdrawn at age 18, the money rolls into an adult ISA. Read more on Junior ISAs in our FAQ.
Our minimum suggested investment timeframe is 3 years. You can transfer to another investment provider at anytime.