Whats the minium

grey_gym_sock

the minimum practical amount is just the smallest monthly investment that a percentage fee provider will accept.

(though if you really wanted to invest less, you could perhaps turn monthly investing on and off, so you were only investing the minimum every other month ... it would be rather fiddly, though.)

Puddylove wrote: »

I read through the Vanguard S and S ISA terms and conditions and I think their minimum monthly amount was £100.

yes, so vanguard's platform is only good for £100 minimum (though you could buy vanguard funds on another platform). their platform is cheap at 0.15% per year (of the current value of your investments with them), but restricted to their own funds.

if you only have £50 a month to invest, you might use any of these platforms, which each charge 0.25% a year:
- cavendish online
- close brothers
- charles stanley direct

£25 a month is probably the lowest any platform will accept. as captinreckless said, hargreaves lansdown will accept £25, but they charge more than most platforms, at 0.45% per year (though it is still the right kind of charging for a small investment, i.e. percentage-based). there are probably others who accept £25 - not sure who.

frenchplonka

Thanks guys I have just opened at vangaurd account so may use this as I dont really understand the other funds however I was maybe looking to add in some SEA funds and see how they far assuming trump dont wipe them off the earth

Alexland

If the OP wants to put £100 a month into a Vanguard ISA that sounds fine and the fees will be fair and low.

The thing I particularly like about our Vanguard ISA is that the fee deduction can be automatic with no need to maintain a cash balance so all the money is working for you with no account administration to worry about.