IG Smart Portfolio fees
Our portfolios feature low fees that help accelerate your investment growth.
And we're transparent about our charges, so you know exactly what you’re paying.
Our portfolios feature low fees that help accelerate your investment growth.
And we're transparent about our charges, so you know exactly what you’re paying.
Your capital is at risk. The value of shares, ETFs and ETCs can fall as well as rise, which could mean getting back less than you originally put in.
Remember, past performance is not a guarantee of future results. Every investment decision should be based on a thorough analysis of market conditions and the prospective investment itself.
No fees when you first open your fund or when you choose to close it
Withdraw funds from your account whenever you want without being charged
We’ll never charge an inactivity fee for your IG Smart Portfolio
You can reap the benefits of an IG Smart Portfolio for much less than you might expect, without needing to worry about excessive wealth management fees. You’ll pay one low annual management fee – capped at £250 a year – with no hidden admin, performance or exit fees, what you see is what you get. Learn your total annual cost before you invest, below.
IG management fee | Average fund costs | Transaction costs | Total annual costs | |
On the first £50,000 | 0.50% | 0.13% | 0.09% | 0.72% |
Over £50,000 | Free | 0.13% | 0.09% | 0.22% |
Compare our costs against your current provider to see if you could save money by switching to IG.
You can also learn more about the potential effect of costs and charges on your investment returns over time.
Our management fee applies to all IG Smart Portfolios – general or ISA.
An expertly managed portfolio, tailored to your ability and willingness to take on risk
When we need to adapt your investments to follow BlackRock’s model portfolios, we do so free of charge
Our expert team is on hand 24 hours a day to answer any questions you may have
Our fractional dealing technology ensures that every pound is invested
IG Smart Portfolios are built using exchange traded funds (ETFs) from iShares. Regardless of who you invest with, ETFs will always have an inherent ongoing charge. Our portfolios feature average fund costs of 0.13%, automatically deducted from the value of the fund.
There is a small difference in price when we buy and sell the funds used to rebalance your IG Smart Portfolio – we have estimated this transaction cost to be 0.09% a year.
Also, we charge a 0.50% foreign exchange (FX) fee when we convert dividends paid in foreign currency back into GBP – the FX fee on a £10,000 investment would cost you just £0.05.
Find out how we build your IG Smart Portfolio
Paying high investment management fees over long periods of time will hold back the growth of your investment pot, due to a weaker compounding effect.
If you paid 2% per year for your money to be managed by a leading UK provider1, after 30 years your investment pot could be worth £431,280, assuming you first deposited £20,000, added £500 per month and saw returns of 6% per year.
If you invested the same amount in an IG Smart Portfolio with total costs of 0.71% up to £50,000 and 0.21% thereafter, your pot could be worth £604,384.
That’s a difference of over £173,000 over 30 years.
For indicative purposes only.
ETFs have a small charge built into their performance known as the Total Expense Ratio (TER), which is payable to the ETF provider. The average TER for the iShares ETFs held in IG Smart Portfolios is just 0.13%,2 compared to 1.25% for active funds domiciled in the UK.3 We’ve included this charge in our calculations so you have complete transparency, and can see your total cost of ownership upfront.
Regardless of who you invest with, ETFs will always have an inherent ongoing charge.
Please note that trading ETFs on an exchange also includes an in-built transaction cost, known as the bid-ask spread.
It’s free to open an account with us and you could get set up in just a few minutes. See how much your savings could grow – simply use our investment calculator to project the performance of your IG Smart Portfolio.
1 Source: Hargreaves Lansdown Portfolio+, December 2019
2 The Total Expense Ratio (TER) for the ETFs in an IG Smart Portfolio is subject to your portfolio allocation and is currently between 0.11% and 0.14%. Correct as at 6 May 2021.
3 Source: www.theinvestmentassociation.org