InvestEngine (Managed)
InvestEngine is a robo-adviser launched by Simon Crookall, the co-founder of Gumtree, which was sold to Ebay.
Following a questionnaire to assess personal situation, attitude to risk and investment goals, investors are matched to a portfolio or have the option to build their own one. The portfolios are built with ETFs. There is an ISA, a general investment account and a SIPP and the minimum investment is £100.
Available products & wrappers
| General investments | ISAs | Lifetime ISAs | Junior ISAs | Pensions & SIPPs | Junior pensions & SIPPs | Other |
|---|---|---|---|---|---|---|
Table of charges
| Platform charges | Product charges | Other charges | |
|---|---|---|---|
| Robo fee | 0.25% | ||
| Average underlying fund charges | 0.13% | ||
| Impact of market spread | 0.07% |
Minimum investments
| Lump-sum | Top-ups | Monthly |
|---|---|---|
| £100 | £1 |
Compare + Invest review of InvestEngine (Managed)
| Products & wrappers | Research & guidance | Charges | Overall rating |
|---|---|---|---|
What's the story?
Fees low and simple is this robo-investor’s selling point. Another one is its unpretentious website which is exceptionally simple and easy to use.
Who is it InvestEngine aimed at?
InvestEngine is brought to you by former Gumtree co-founder Simon Crookall and has used his previous experience to design a service that is clean and simple. There is a charge for the managed portfolio service, but DIY investors can use it for free to build and manage their own portfolios. It doesn’t charge for trades, which is good.
Our review of InvestEngine
Exceptional value for InvestEngine’s DIY portfolios and very competitively priced for the Do it For Me managed portfolio service.
