Were you aware that FundsNetwork offer Investment Trusts and a Share Dealing Service as well Investment Funds? …
Seymour Sinclair has been offering discounted ISAs and Investment Funds since 1996 and with the introduction of Platforms nearly 20 years ago we’ve been able to access thousands of UK authorised funds all in one place. FundsNetwork however enhanced it’s Platform back in 2015 being one of the first “fund supermarkets” to host third-party investment Trusts and then went on in November 2018 to make it possible for clients to invest in individual company shares.
How many different company shares and investment Trusts does FundsNetwork have available?
There are more than 1,100 individual company shares, and over 180 investment trusts.
What charges apply when investing in shares and investment trusts?
- There is a £3.00 charge on each individual lump sum investment. There are two dealing points in the day that Fidelity will execute trades at.
- For deals as part of regular savings plans, phased instructions, regular withdrawal plans or automated income reinvestments there is a £1.50 charge.
- A stamp duty of 0.5% of the value of your trade applies to purchases of shares, and investment trusts.
In addition to dealing fees there is a Fidelity platform charge of 0.25% per annum and our service fee is 0.18% per annum.
Can I place shares into an ISA?
Yes, the vast majority of shares can be placed into an ISA, so you will receive the same tax benefits as you would when investing in managed funds also within an ISA
IMPORTANT INFORMATION: Remember that the value of investments and the income from them can go down as well as up and that past performance is no guarantee of future returns. Key Feature documents give full details of aims, risks and charges – these should be read before you invest. Whilst we provide product information, guidance and fund research, we cannot know which of these products or funds, if any, are suitable for your particular requirements and must leave that judgement to you. Tax treatment depends on your individual circumstances and may be subject to change in the future. If you are unsure about the suitability of an investment, you should seek expert financial advice.