Wealth Manager - the site for professional investment managers

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 Comments
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.
Your Business: Cover Star Club

Profile: Stenham's CIO on the strange persistence of hedge funds

Profile: Stenham's CIO on the strange persistence of hedge funds

Stenham Asset Management chief investment officer Kevin Arenson believes hedge funds are making a comeback

Wealth Manager on Twitter