There is a £1 per month fixed subscription fee covering all transaction and investing costs, and grants you access to the Learning Hub, Round Ups and Auto Invest.

There is also a platform fee of 0.10% of your portfolio value, e.g. £10 per £10,000 per year which is charged monthly. At any time, you can view the fees you will pay per month for your Standard accounts by opening the NuWealth app > 'Account' > 'Fees & Charges'. These low fees make NuWealth one of the cheapest providers out there!

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On some occasions, a 0.75% FX fee will be applied to trades on foreign shares only. 

Plus, where applicable, an ETF provider fee (0.07% and 0.75% variable based on the fund) will be charged annually, and billed monthly, depending on which themed fund you select. This isn’t deducted from your account but rather is reflected in the value of your fund.

View our pricing.

GIA stands for General Investment Account, and it’s a standard investing account which is not tax-free. This means that you are liable to pay taxes on any realised capital gains. However, there is no limit to how much you can invest, or how many GIAs you can have. 

Standard GIA: Execute daily orders in ETFs and fractional shares, and utilise Round Ups and Auto Invest. 

View more information on our GIA webpage. Please note, tax treatment depends on the individual circumstances of each client and may be subject to change in future.

ISA stands for Individual Savings Account. A Stocks & Shares ISA allows you to invest up to £20,000 per year tax-free. 

There are many types of ISAs, such as Cash ISAs, Stocks & Shares ISAs, and Innovative Finance ISAs. Previously, you could only open and fund one account per ISA type each tax-year, but as of 6th April 2024, there is no longer a restriction around how many ISAs of each type you can utilise in a year (as long as you meet the eligibility criteria for each type, and with the exception of Lifetime ISA). For example, you could open and fund two of the same type of ISA, like two Stocks & Shares ISAs, as long as the total amount does not exceed the £20,000 limit.

NuWealth offers a Stocks & Shares ISA. Please note, tax treatment depends on the individual circumstances of each client and may be subject to change in future. We also offer a Junior Stocks & Shares ISA.

Themed Funds (or Exchange-Traded Funds)
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With NuWealth, you can invest in themed funds (ETFs) in a range of sectors, such as gold, technology and ethical investing from just £10. We work with a number of ETF providers such as BlackRock, Vanguard, Amundi and Rize. Explore our ETFs to see the full range of options. Please note, ETFs are only available with a NuWealth Standard account.

Fractional Shares
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‍You can also choose to purchase shares in global companies with fractional shares. Sometimes the value of a whole share can be high, which is why we provide fractional shares; fractional shares allow you to purchase part of a whole share for as little as £10. No matter your budget, you can own a piece of brands like Tesla, Apple or Amazon. Fractional shares are only available in General Investment Accounts, though whole shares are also available in ISAs and Junior ISAs.

Investing with NuWealth can be done in three simple ways, all of which are completely optional and can be stopped or resumed at any time:

• Auto Invest – invest a fixed monthly amount into Themes or stocks of your choice. Currently, Auto Invest is only available with Standard GIA, ISA and J ISA 
• One-off Buy – as it says, make one-off investments whenever you like. One-off buys via our Standard ISA, GIA or Junior ISA (JISA) are executed once a day, during work days, around 15:00.
• Round Ups – we round up each transaction you make (from a linked account) to save money towards your investment pot. Currently, Round Ups are only available with Standard GIA, ISA and Junior ISA (JISA) accounts.