IG Smart Portfolio fees

We’re transparent about our charges, so you’ll always know exactly what you’re paying to invest with us.

The value of investments can fall as well as rise, and you may get back less than you invested. Past performance is no guarantee of future results.

Affordable investing, complete transparency

Get a fully managed IG Smart Portfolio for much less than you might expect. You’ll pay one low annual management fee, and know the total cost of ownership (TCO) before you invest. With no hidden admin, performance or exit fees, what you see is what you get.

Total value of IG Smart Portfolios (per bracket) On the first £50,000 Between £50,000 and £250,000 Over £250,000
IG management fee 0.65% 0.35% 0.1%
Average ETF costs1 0.25% 0.25% 0.25%
Total cost of ownership (TCO) 0.90% 0.60% 0.35%

Our fee structure applies to each IG Smart Portfolio bracket (general, ISA or SIPP) and is based on the underlying value of all the portfolios you hold within it – so the more your investments are worth, the more you’ll save.

For example, if your general investment IG Smart Portfolios are worth £75,000, we’ll charge you 0.65% on the first £50,000 and 0.35% on the next £25,000. If, in addition, you have an IG Smart Portfolio ISA worth £20,000, we’ll also charge you 0.65% on that amount. To make things easier, we’ll always show you the average management fee you’re paying.

Our management fee is quoted annually for greater clarity, but is calculated daily and charged on a monthly basis. The cost of an ETF is automatically deducted from its performance, so is not directly charged to you.

Save on fees, build wealth

By saving you money on fees, we can reinvest a greater portion of the earnings your portfolio generates.

So if you invest £100,000 in an IG Smart Portfolio and the same amount with the average UK wealth manager, your wealth could potentially grow by over £200,000 more with us after 30 years.

What do you get for your management fee?

  • An expertly managed ETF portfolio tailored to your risk profile, with rebalancing included
  • Diversified exposure to different asset classes, sectors and regions
  • Complete transparency – you can view your investments and their performance at any time
  • Bank-level security – we use 256-bit SSL encryption so you can invest with confidence
  • 24-hour support from our client services team
  • Market-leading technology that invests your money in fractional shares

No sign-up fees

Create your account completely free of charge, and unsubscribe from our service at any time without penalty.

No rebalancing fees

Pay no additional commission when your portfolio is expertly rebalanced, and pay no custodial charges.

No withdrawal fees

Withdraw funds from your account whenever you want without being charged.

Low ETF charges

ETFs have a small charge built into their performance known as the Total Expense Ratio (TER), which is payable to the ETF provider. The average TER for the iShares ETFs held in IG Smart Portfolios is just 0.25%,1 compared to 1.58% for active funds domiciled in the UK.3 We’ve included this charge in our calculations so you have complete transparency, and can see your total cost of ownership upfront.

Regardless of who you invest with, ETFs will always have an inherent ongoing charge.

Please note that trading ETFs on an exchange also includes an in-built transaction cost, known as the bid-ask spread. The ETFs in our portfolios have an average bid-ask spread of 0.14%,4 but we seek quotes from 20 market makers in an effort to get the best possible price. Again, this is not directly charged to you.

Other potential charges

Transaction Fee
FX conversion fee 0.3%, charged if you make a deposit in a non-GBP currency, or if you’re invested in an ETF which pays a foreign-currency dividend. This only applies to two of the iShares ETFs in our portfolios.
Deposit fee 1.5%, charged if you make a deposit via PayPal
Inactivity fee5 £12 per month, charged if you have no activity across any IG account for 24 consecutive months. Dividend payments count as activity.

Qualify for discounted rates

If you have spread betting, CFD or share dealing accounts which are accessible under the same login as your IG Smart Portfolio, you’ll automatically qualify for a special discounted fee rate if, in the previous calendar month, you’ve placed at least one spread bet or CFD trade, or five share dealing trades.

Total value of IG Smart Portfolios (per bracket) On the first £50,000 Between £50,000 and £250,000 Over £250,000
IG management fee 0.50% 0.30% 0.05%
Average ETF costs 0.25% 0.25% 0.25%
Total cost of ownership (TCO) 0.75% 0.55% 0.30%

1 The Total Expense Ratio (TER) for the ETFs in an IG Smart Portfolio is subject to your portfolio allocation and will be between 0.22% and 0.27%. Correct as at 5 April 2017.

2 Source: Grant Thornton. Correct as at August 2016

3 Source: www.theinvestmentassociation.org

4 Source: Bloomberg. Bid-ask spreads range from 0.12% to 0.19%. Correct as at March 2017.

5 A £12 per month inactivity fee will be applied if you don’t engage in any trading activity at all across any account that you hold (IG Smart Portfolio, share dealing, spread betting or CFDs) for 24 consecutive months. This fee will not be applied retrospectively, it will only apply from the 25th month onwards.

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