Video: Nutmeg ISAs explained
A Nutmeg ISA is more than just a tax-efficient way of investing. You also get all the benefits of Nutmeg's service. This means:
You can set up a portfolio in under 10 minutes
We do all the hard work — building, managing, and regularly rebalancing your portfolio to help keep it on track with your goals
You can always see where you're invested, how your investments are performing and exactly how much you're paying
You can get started with as little as £500 per fund
There are also specific ways we manage your ISA allowance which we think make for a better investment proposition.
When you set up an ISA with Nutmeg, we put the ISA wrapper on your account as a whole. This means that you can create as many pots as you like — from paying for your children's education to buying a new home — and don't have to worry about which one is your ISA. We'll automatically count every contribution towards your ISA allowance until you reach the limit.
When we decide which investments should be inside your ISA wrapper, we always choose the ones which would benefit most from the tax advantages. And when you make a withdrawal from your account, we'll first sell any investments that are not in your ISA. This means that you won't lose a portion of your ISA allowance unnecessarily.
When you set up an ISA with Nutmeg, we'll ask you if you hold a Cash ISA elsewhere, which helps make sure that you don't pay too much into your Nutmeg ISA.
Please bear in mind
A Stocks and Shares ISA may not be right for everyone and tax rules may change in the future. If you are unsure if an ISA is the right choice for you, please seek independent financial advice.