Welcome to our new website! Let us know what you think..

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Nutmeg chases clients with discount fee offer

3
Nutmeg chases clients with discount fee offer

Online investment manager Nutmeg has temporarily cut its fees to entice new customers.

Clients who invest with Nutmeg before 17 February will receive a year-long reduction in their portfolio management fees, as follows:

Amount invested £1k+ £25k+ £50k+ £100k+ £250k+ £500k+
Normal fee 1% 0.90% 0.75% 0.60% 0.50% 0.30%
Special offer fee 0.90% 0.75% 0.60% 0.50% 0.30% 0.30%

Existing customers will be offered the same fees for a six-month period if they transfer an ISA to Nutmeg by 8 March.

Nick Hungerford, Nutmeg’s founder (pictured), commented that he was ‘committed to keeping our portfolio management fee as low and as easy to understand as possible’.

Leave a comment
Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play BlackRock UK Special Sits: when will we sell our star holdings?

BlackRock UK Special Sits: when will we sell our star holdings?

What would prompt Roland Arnold to sell the likes of Ashtead and Howden?

Play AA-rated Lofthouse: 'maverick' tobacco settlements won't stop M&A

AA-rated Lofthouse: 'maverick' tobacco settlements won't stop M&A

Henderson International Income trust manager Ben Lofthouse shares his thoughts on recent developments in the tobacco sector in this video.

1 Play Renewable energy: what I found on my solar farm trip

Renewable energy: what I found on my solar farm trip

Renewable energy is attracting a lot of investor interest, so I headed to the UK's largest solar farm to find out more.

Your Business: Cover Star Club

Profile: Quilter Cheviot boss Baines sees more consolidation ahead

Profile: Quilter Cheviot boss Baines sees more consolidation ahead

Nineteen months on from the merger of Quilter Cheviot chief executive Martin Baines says the deal is now paying dividends.

Wealth Manager on Twitter