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Fund supermarkets - monthly saving plans
rail.link
Posts: 245 Forumite
Which fund supermarkets allow you to invest via monthly plans ?
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Comments
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Thanks !
What's the minimum amount per month ?0 -
£50 per month.0
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Fidelity FundsNetwork and Cofunds also allow for monthly contributions, again, I think £50 is the minimum investment.0
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Money_Watch wrote: »Fidelity FundsNetwork and Cofunds also allow for monthly contributions, again, I think £50 is the minimum investment.
As mentioned by dunstonh, Cofunds is for IFA's only.
Another supermarket is iii.co.uk
HTH.In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:0 -
Had a look around their site last night and it is quite impressive.Another supermarket is iii.co.uk
Initial charge discounts don't seem as high as HL, typically initial charges are 1-1.5% per fund - which is still quite good.
But, unless I've read it wrong, monthly contributions start from as little as £20 per fund which is good for someone starting out with only a little spare dosh to invest regularly.
Allows them to buy into 2/3 funds [and diversify] for around the same contribution that most supermarkets have as a minimum per fund.0 -
i can recommend hargreaves lansdown - been saving monthly using their vantage service for years for myself,wife and kids and have never had a problem - loyalty bonuses are good and soon add up and the ability to see all investments and value online is a real bonus0
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Money_Watch wrote: »Fidelity FundsNetwork and Cofunds also allow for monthly contributions, again, I think £50 is the minimum investment.
Fidelity Fundsnetwork will allow £20 per month and the service has always been excellent0 -
BestInvest are a broker for Fidelity but some of their charges are much lower than for Fidelity. Min £50/month.0
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Where would be the best place to invest in trackers?Noobie (not so
) trying to make loads a dosh - please bear with all my questions :beer: Thanks 0
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