Like other investment managers, Nutmeg charges a fee for managing investments. This is charged by us as a percentage of your portfolio value, and it includes VAT where applicable. We calculate the fee daily based on your portfolio value at the close of business, and then collect fees automatically from your Nutmeg account once a month. 

Learn more on how we calculate fees.

When you invest with Nutmeg, as with any other investment manager, we use your money to buy investments on your behalf. These funds carry their own charges that impact your portfolio performance. That is one of the reasons why we primarily use exchange traded funds (ETFs), to keep your costs as low as possible. This figure also accounts for estimated transaction costs within the funds. 

Learn more about the investments we choose.

The average investment fund cost for Nutmeg fully managed portfolios is based on a 3 year annualised investment fund cost, asset-weighted. The average investment fund cost for Nutmeg fixed allocation, socially responsible and Smart Alpha portfolios is based on current fund costs, asset weighted.

When you invest with Nutmeg, we buy and sell assets on your behalf. Like all trading activity, during this process we’re subject to market spread. This is defined as the difference between the price to buy, and the price to sell.

To give you an example, when exchanging currency for a holiday abroad, you’ll see a different price when buying the foreign currency than when selling it back again. The price you buy at is known as the 'offer' price, and the price you sell at is the 'bid' price. The difference between them is known as the bid-offer, or market spread.

At Nutmeg, we use exchange traded funds (ETFs) to build your portfolio. Like currencies and most financial instruments, ETFs have a market spread. We work hard to choose ETFs with smaller spreads, and we combine client orders when trading, to minimise this cost.

The average effect of market spread cost is based on the 3 year annualised effect of market spread for fully managed portfolios, asset-weighted.

We'll show you what you're paying and how it affects returns.

Learn more about how and when we charge fees.

Fees will automatically be deducted from your Nutmeg account. There is no extra payment to be made.

We calculate your fees daily at the close of business – then automatically collect them every month. They're calculated based on the fee rates for your chosen investment style.

Learn more about how we calculate fees.

With a Junior ISA, only the child can withdraw the funds, and only at 18. If the funds are not withdrawn at age 18, the money rolls into an adult ISA. Read more on Junior ISAs in our FAQ.

Lifetime ISAs carry additional withdrawal restrictions.

For pensions, government rules apply, so you'll only be able to withdraw after age 55; however, you can transfer to another provider at any time.
Our minimum suggested investment timeframe is three years.

If you have an ISA, JISA, LISA, GIA or pension pot, the cash in this pot will earn interest at the current Bank of England rate, minus 0.75%.

If you have a cash-only pot, you’ll earn interest at a fixed rate, which is set by Nutmeg and subject to change. 

Cash that is in temporary transit – such as cash pending withdrawal or being transferred – will not earn interest. 

Read more about cash in your portfolio.