Today we make another great stride forwards in our mission to democratising investing. We’ve reduced the minimum amount you need to start a Wealthify Plan from £250 to just £1, meaning even more people can try investing.
Can you really start investing with a Pound? Thanks to our expert investment team, yes. Whether you invest £1 or a £1,000,000 we’ll build you an investment plan containing a diverse range of investments from across the globe. We typically use between 10-15 investment funds in Plans from £1–£2000 which will contain thousands of investments in total. That means even smaller investors have a suitable level of risk for their investment style.
What’s more, Wealthify’s management fees and fund charges are among the lowest for smaller investments.
And we’re not stopping there. We’ve made investing more straightforward and transparent, so that it’s even more accessible to everyone.
We’ve made fund charges clearer too, so that you know exactly what you’re paying. Fund charges are paid in addition to the annual management fee you pay Wealthify. We’ve highlighted the charges prominently on the fees page and we’ve included them on the plan summary page, before you sign up. Most importantly, we show the amount you can expect to pay in pounds and pence, not just a percentage figure, ensuring even the most inexperienced investor is completely clear on their fees.
We’re launching an app
We’ve developed an app for iOS and Android app, featuring enhanced security measures, like fingerprint ID and a host of features that improve accessibility, so wherever you are, your investments are at your fingertips.
Better value investing
We’re making investing more affordable for higher-value investors too. Customers with plans of £50,000 or above will now pay just 0.5% per year and fees can be further reduced if investors use Wealthify’s Circles.
The value of your investments can go down as well as up and you could get back less than you invested. Past performance is not a reliable indicator of future growth. With investing, your capital is at risk.
Investing is for everyone.
Wealthify is the new way to invest your money.Try it now With investing your capital is at risk
The comments and opinions expressed in this article are the author's own and should not be taken as financial advice from Wealthify.