Capital at risk. Other fees apply.
Themed Funds
With NuWealth, you can invest in themed funds in a range of sectors, such as gold, technology and ethical investing from just £10. We work with a number of fund providers such as BlackRock, Vanguard, Amundi and Rize. Explore our funds to see the full range of options. Please note, funds 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.
Fund 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.
We charge £2 per calendar month for our Standard plan, which includes: Standard Stocks & Shares ISA, Junior Stocks & Shares ISA (Junior ISA (JISA) and for our Standard General Investment Account (GIA). This covers transaction and investing costs, and grants you access to the Learning Hub, Round Ups and Auto Invest.
There is also a platform fee of 0.25% of your portfolio value, e.g. £25 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 0.40% FX fee will be applied to trades on foreign shares only.
Plus, where applicable, a fund 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.
When investing in themed funds, 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 fund (which is what NuWealth offers), you don’t own shares in the individual companies, instead, you own shares of the fund. As NuWealth is a micro-investing platform, you don’t need to buy a whole share of a fund, instead, you can own fractions of the fund for just £10. Funds 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.
Funds 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 funds 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.
