How to use the Funds Fan service plan

TL;DR

Interactive Investor offers a Funds Fan Pricing Plan, ideal for investors who predominantly invest in funds and investment trusts, allowing them to save on trading fees.

Transcript

hi I'm Rebecca Keefe head of investment as interactive investor and I'm here to talk about our funds fan pricing plan our funds fan plan is ideally suited for those investors who actually invest in funds and investment trusts because the rates that you will pay is significantly less it's half the rate of our standard tariff so if you are an investo... Read More

Key Insights

• 🇦🇪 The Funds Fan Pricing Plan offers half the rate of the standard tariff for investors who primarily invest in unit trusts and investment trusts.
• ☠️ SIP investors with multiple accounts are likely to benefit the most from the Funds Fan rate.
• 🥹 Holding multiple investment trusts and funds provides diversification and can reduce overall risk in an investor's portfolio.
• 👋 Trading more frequently can be driven by good portfolio management, monitoring performance, regular subscriptions to ISIS and SIPs, and responding to market conditions or personal circumstances.
• ☠️ The plan provides an alternative option for engaged investors who want to trade at a cheaper rate.
• ❓ Interactive Investor does not advocate excessive trading or churning portfolios.
• 🥹 The plan gives investors the flexibility to adjust their holdings without incurring high trading fees.

Questions & Answers

Q: Who is the Funds Fan Pricing Plan most suitable for?

The plan is best for investors who primarily invest in unit trusts and investment trusts, particularly those with multiple accounts across Interactive Investor, such as SIP investors.

Q: How much can investors save with the Funds Fan rate?

Investors who trade 18 times a year or more, or twice a month (one buy and one sell), can save £50 per year compared to the standard tariff.

Q: What are the benefits of holding multiple investment trusts and funds?

Holding multiple funds and trusts provides diversification, reducing overall risk in one's portfolio. It also allows investors to have exposure to different investment options, such as growth or income-focused funds, large or small companies, geographic or sector-specific funds and trusts.

Q: What are some reasons for trading more often?

There are various reasons why investors might want to trade more frequently, such as portfolio management, monitoring the performance of holdings, subscribing to ISIS and SIPs regularly, and adjusting one's portfolio due to market conditions or personal circumstances.

Summary & Key Takeaways

• The Funds Fan Pricing Plan offers significantly reduced rates for investors who primarily invest in unit trusts and investment trusts.

• Investors who trade 18 times a year or more, or twice a month, can save £50 per year compared to the standard tariff.

• SIP investors, specifically those with multiple accounts across Interactive Investor, are likely to benefit from the Funds Fan rate.