Compare The Platform: Plum – Basic Portfolio

/Plum – Basic Portfolio

Plum – Basic Portfolio

Plum is a clever tool that scrapes spare cash from your current account and saves it for you. It works by linking to your bank account (it works with all major UK banks). It analyses transactions to learn about your income and spending and transfers surplus cash into your Plum account every few days.

From there, you can invest your money into risk-rated basic portfolios: Conservative, Balanced and Growth or invest in more advanced, thematic portfolios such as Technology, Emerging Markets and Ethical. The funds in each portfolio are provided by Vanguard, Standard Life or Legal & General. Only ISA and GIA available.

The Basic portfolios are good for first-time investors and are a mix of equity and bond portfolios depending on your attitude to risk.

Visit The Website

Available products & Wrappers

General InvestmentsISAsJISAsPensions & SIPPsJunior SIPPLifetime ISAsOthers
Research, Tools and Information

Digital information

Mobile app available. Bank account linked to app and Facebook Messenger. Live chat available.

Learning

Blog and FAQ section.

Table of charges

PLATFORM CHARGESPRODUCT CHARGESOTHER CHARGES
Monthly fee£1
Admin fee0.15%
Underlying fund charge0.22%

Minimum Investments

Lump-sumTop-upsMonthly
£1£1£1

Compare the Platform Says

Products & Wrappers Research & GuidanceChargesOVERALL SERVICE
2.0
1.0
4.0
3.0
Limited to GIAs and ISAs. Fairly basic blog and FAQ sectionCompetitively pricedAlthough the investment features are limited, it encourages a good savings and investment habit.