Introducing Nutmeg’s new £500 starter portfolio

Nick Hungerford


2 min read

At Nutmeg our mission is to make smart, professional investing available to everyone, no matter how much or how little you have to invest. Now, you can invest with just £500 (plus monthly contributions of £100 for portfolios below £5,000).

invest with £500

We’ve developed our trading systems to cut our minimum starting investment to just £500 (plus monthly contributions of £100 for portfolios below £5,000), helping even more people climb the investment ladder.

Sophisticated wealth management of the kind we offer at Nutmeg has traditionally only been available to the very rich – those with £250,000 or more to invest. You’d typically need that kind of amount to invest with the likes of Coutts, St James Place or Rathbones.

When we created Nutmeg, we took the very best of those high-end investment services but, by doing it all online, we could provide it quickly and conveniently to anyone with as little as £1,000 to invest. Now we’ve lowered that even further, to just £500.

Opening our doors to more customers

Our research told us that the the amount needed to start investing was the biggest barrier to entry for many people, with 45% stating that as the key reason, ahead of ‘It’s too risky’ which was the main deterrent for just 22%.

We also discovered that nearly two-thirds (58%) would be more likely to invest in a stocks & shares ISA if the starting investment was cut from £1,000 to £500.

Opening up the world of investing to so many more UK adults is incredibly exciting and we can’t wait to welcome more happy investors to Nutmeg.

Getting on the investment ladder

The starter investment management fee for our £500 portfolios is still just 0.95% (incl VAT). For that you have our team of experts create and build a diverse portfolio, invested in a range of assets (stocks, bonds, commodities and so on), across many countries and industry sectors.

Plus, it’s all online, takes just 10 minutes to set up and you can log in when you want to see how your portfolio is doing. There are no tie-ins, exit fees or commissions when we trade on your behalf.

See a free preview of the kind of portfolio we can build for you.

Risk warning: As with all investments, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest.

 

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Nick Hungerford

Nick Hungerford

Nick is one of Nutmeg’s co-founders, and is now a non-executive director on our board. He holds an MBA from Stanford University. His industry and investment views are respected globally and he frequently appears on television and in the national media. Nick can be found tweeting @NickHungerford.


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