Capital at risk. Other fees apply. ETFs available with Standard accounts
Themed Funds (or Exchange-Traded Funds)
With NuWealth, you can invest in themed funds (ETFs) in a range of sectors, such as gold, technology and ethical investing from just £10. We work with a number of ETF providers such as BlackRock, Vanguard, Amundi and Rize. Explore our ETFs to see the full range of options. Please note, ETFs are only available with a NuWealth Standard account.
Fractional Shares
You can also choose to purchase shares in global companies with fractional shares. Sometimes the value of a whole share can be high, which is why we provide fractional shares; fractional shares allow you to purchase part of a whole share for as little as £10. No matter your budget, you can own a piece of brands like Tesla, Apple or Amazon. Fractional shares are only available in General Investment Accounts, though whole shares are also available in ISAs and Junior ISAs.
When investing in themed funds (or Exchange-Traded Funds/ETFs), you are investing in a fund (which contains a collection of companies, grouped by theme) that aims to mirror the performance of a specific stock index without buying stocks in each company individually. With a stock ETF (which is what NuWealth offers), you don’t own shares in the individual companies, instead, you own shares of the ETF. As NuWealth is a micro-investing platform, you don’t need to buy a whole share of an ETF, instead, you can own fractions of the ETF for just £10 with a Standard GIA. ETFs are considered one of the best ways to diversify your portfolio and are a simple and powerful way to help you realise your investing goals.
With NuWealth’s fractional shares, you can invest, and own a fraction of a whole share from just £10, in individual companies. So no matter your budget, you can own a piece of brands like Tesla, Apple, Amazon or AMC. Fractional shares are only available in General Investment Accounts, though whole shares are also available in ISAs and Junior ISAs.
ETFs can be a more cost-efficient and convenient way to diversify your portfolio (most are exempt from PTM Levy and UK Stamp Duty) because with one single trade you get exposure to multiple assets. However, individual shares, like growth stocks, have the potential to yield greater returns and give you more control to decide exactly which companies to invest in.
It’s important to remember that diversification does not fully protect you from risk and does not guarantee returns or eliminate the potential for loss.
We have packaged investments into carefully curated themed ETFs that provide you with access to a broad range of companies and brands that match a specific theme. We believe we have a themed fund to suit everyone’s interests and beliefs.
For more information regarding the themes, please read the Key Investor Information Documents (KIID) and factsheet for each themed fund. You can view this document by clicking on the individual themed fund in the app.
Fund (ETF) managers provide an information sheet called a KIID (Key Investor Information Document) which includes all the key facts about a fund. It describes what the fund does, the investment risk, charges, and performance to help you compare different funds and assess whether that particular investment is right for you. It comes in a standardised format, set out by European regulations.
There is a £1 per month fixed subscription fee covering all transaction and investing costs, and grants you access to the Learning Hub, Round Ups and Auto Invest.
There is also a platform fee of 0.10% of your portfolio value, e.g. £10 per £10,000 per year which is charged monthly. At any time, you can view the fees you will pay per month for your Standard accounts by opening the NuWealth app > 'Account' > 'Fees & Charges'. These low fees make NuWealth one of the cheapest providers out there!
On some occasions, a 0.75% FX fee will be applied to trades on foreign shares only.
Plus, where applicable, an ETF provider fee (0.07% and 0.75% variable based on the fund) will be charged annually, and billed monthly, depending on which themed fund you select. This isn’t deducted from your account but rather is reflected in the value of your fund.
View our pricing.
