Many investors have started to appreciate the benefits of fund supermarkets.

 

Fund Supermarkets.

Fund supermarkets let you invest and manage funds from dozens of different fund companies in one place.

They offer low charges, more choice and flexibility, less paperwork - and all this at no extra cost to you.

Over half of new Unit Trust/OEIC ISA investments are now arranged this way. They offer an easy and convenient way to invest in funds.

ƒUNDSFOLIO includes Cofunds and Fidelity FundsNetwork fund supermarkets. You get the same benefits as investing with the fund companies, plus:

  • Some better initial discounts through Cofunds – normally 1% more on investments outside ISAs.
  • Fund supermarkets pay renewal commission on more funds, especially investments outside ISAs. So, if you consolidate your funds into a fund supermarket, you could get more annual cashback.
  • You can manage your funds online, and switch between funds for a 0.25% fee.
  • Far less paperwork – one consolidated statement covers all your fund supermarket investments.

You can consolidate your existing funds into a fund supermarket account using a free process called re-registration.

There are several fund supermarkets to choose from, but we recommend Cofunds.

Cofunds is the UK’s largest fund supermarket, administering £12 billion of investments. It’s backed by some of the UK’s leading financial companies, including Legal & General, Threadneedle and Jupiter.

It gives you access to over 900 funds through 60 of the UK’s leading fund companies.

You can find out more about investing in funds using Cofunds or Fidelity Fundsnetwork by clicking on the tabs.

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