From 4th to 30th November, Nutmeg are offering 10,000 Free Avios when you open a Stocks & Shares ISA or a pension with Nutmeg.
Nutmeg is an online wealth management service which offers a fully managed, discretionary, investment service with significantly lower fees than its competitors.
Nutmeg uses exchange-traded funds, which keep costs to a minimum, Nutmeg offers no transaction fees, no trading or commission fees and no exit fees. You do pay an annual management fee. Your money will be invested in “a robust, diversified portfolio that spreads risk across asset classes, geographies and industries.”
It is worth mentioning that the reviews of the Nutmeg wealth management service are very good with “Your Money” voting Nutmeg the ‘best online Stocks and Shares ISA provider’.
The minimum investment is £500 with additional monthly contributions of £100 which earns you 5,000 Avios points. If make an initial contribution of £5,000 or more will give you a bonus of 10,000 Avios.
If a customer withdraws their account balance within 12 months of opening their account, in the event of 5000 Avios being issued, Nutmeg reserves the right to withdraw £50 from the closing balance before returning funds. In the event of 10,000 Avios being issued, Nutmeg reserves the right to withdraw £100 from the closing balance before returning funds.
As with all investments, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. ISA rules apply.
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