Cheapest Fund Supermarkets For ISA with under £50/month investments?

mr_fishbulb

H-L seem to be the cheapest (i.e. biggest rebates on initial charges) place to open a ISA for funds, but you have to invest at least £50/month into each fund.

Can anyone recommend a fund supermarket for monthly investments into ISAs which allow investments of ~£20/month and are cheap?

Cheers

dunstonh

You will probably have to go direct to get that sort of figure but you can still get no initial commission if you sweet talk an IFA. You arent likely to get the trail rebate though as the providers that allow £20pm dont have trail rebate options.

m_c_s

My wife used to have a Foreign and Colonial Personal Investment Plan and she paid £25/month into two funds. She has now coverted to an ISA account with another provider. F&C also do an ISA but not sure of the limits and charges. The PIP account is limited in the number of F&C funds available to invest (some have performed quite good though) and ofcourse it is not a tax shelter.

mr_fishbulb

dunstonh wrote: »

You will probably have to go direct to get that sort of figure but you can still get no initial commission if you sweet talk an IFA. You arent likely to get the trail rebate though as the providers that allow £20pm dont have trail rebate options.

iii let you invest from £20/month, but you have to pay 1% for the fund, as opposed to 0% at h-l.

convict90210

What about a self-select ISA through www.selftrade.co.uk this allows you to buy funds with no dealing costs and charge £12.50 to sell these funds?? You do have to pay a £25 per year account fee but you do get discounts (including 0%) on initial fund fees.

dunstonh

convict90210 wrote: »

What about a self-select ISA through www.selftrade.co.uk this allows you to buy funds with no dealing costs and charge £12.50 to sell these funds?? You do have to pay a £25 per year account fee but you do get discounts (including 0%) on initial fund fees.

That is very expensive. It would be £12.50 pm and £25 a year. Virtually wiping out the contribution.

Selftrade arent very good for funds even on single contributions.