In this InvestEngine review, we’ll take a look at the features of the managed portfolios, alternatives to InvestEngine, and explain why they’re a popular choice with beginner and passive investors. We’ll also discuss the risks of investing with managed portfolios and InvestEngine’s support and service. This review will be useful for any beginner or veteran investor, so make sure you read the entire article before making a decision. We hope this InvestEngine review will help you make an informed decision.
If you’re an investor, you’re always on the lookout for new opportunities. Maybe you’re looking for a hot stock to get in on, or maybe you’re considering investing in an ETF. But have you ever heard of Investengine? It’s a new platform that could make it easier than ever to find and invest in winning stocks and ETFs. Looking to invest in stocks but don’t know where to start? With Investengine, you can create a portfolio tailored to your specific investment goals and preferences. Plus, because Investengine is powered by technology, you can trust that your investments are being managed efficiently and securely.
If you’re looking for a new ETF platform, investEngine is worth considering. They offer a wide range of features and benefits that make them one of the top contenders in the industry.
InvestEngine Review – At a Glance
- What is InvestEngine
- How does InvestEngine Works
- InvestEngine Portfolio
- InvestEngine Accounts
- InvestEngine Fee Structure
- InvestEngine Key Features
- InvestEngine Mobile App & WebPortal
- What are Risks with InvestEngine
- InvestEngine Customer Service
- InvestEngine Pros and Cons
- Is InvestEngine Safe
- How to Open InvestEngine Account
- InvestEngine Alternatives
- InvestEngine Promotions
What is InvestEngine
InvestEngine has been designed to make investing as easy and straightforward for you, the investor. The platform offers one-stop shopping so that there’s no need to go anywhere else! Not only do they offer better rates than traditional investment managers but have better ability in research & advice about how best invest your portfolio – it’ll be like having an expert on hand every time.
To be successful, you need to know what type of investment platform is right for your needs. The first kind allows investors to build their own portfolio; these services can be found at large companies like Interactive Investor and Hargreaves Lansdown. Moreover, they involve dealing directly with firms that offer shares on exchange traded funds (ETFs) or unit trusts as well providing access through different mutual fund providers offering selection from both developed markets such Japan but also emerging economies including China India Korea Mexico etc. Such platforms are Do-It-Yourself type investments firms.
At next, robo advice services comes for novice investors. They offer low-cost, diversified managed portfolios at your fingertips. Some popular names are Nutmeg, Moneyfarm and Wealthify for auto investments. But these so called ‘robo-advisors‘ don’t just do what you want them to; they make recommendations based on their range of investments and provide advice to invest in stocks that fit the criteria set out by the client – this is where things can get tricky when investing wisely without human intervention.
What InvestEngine Offers
InvestEngine offers an interesting blend of managed and DIY portfolios. The 13 ETFs it creates offer low-cost exposure to various markets, much like Nutmeg or Moneyfarm. InvestEngine also allows you to take more of an active approach by picking your own investments too! This unique feature makes them stand out from other robo advisor platforms as they can provide both types service in one package – without any extra fees or commissions involved along the way just like Hargreaves Lansdown. While the competition may be tough, Investengine has found ways to differentiate itself. It offers innovative products at lower costs than other companies and with more investment choices for investors!
How Does InvestEngine Work?
Invest Engine UK offers two different options for managing your investments. You can either build and manage them yourself or let the company experts take care of it on behalf you. It all depends upon what kind suits you best and for what term you want to invest!
InvestEngine offers a free and easy-to use DIY portfolio service for those who want to build their own investments without paying any extra fees or commissions along the way! For the managed option, you pay 0.25% per year which is not much compared with other platforms in UK. We will discuss about fees and pricing below in detail.
InvestEngine offers a comprehensive range of ETFs from across the globe, giving you access to some of the world’s leading asset managers. With investEngine, you can invest in a wide range of asset classes including equities, bond, fixed income commodities and more.
InvestEngine Portfolios Review – Comprehensive Analysis
InvestEngine Managed Portfolio
It has two different portfolio options for investors: Growth portfolios and Income ones. The 10 growth option are designed with varying degrees of risk, while the income one contains more stable investments that provide dependable returns over time without any major swings in value up or down- they’re great if you want steady income but don’t need high inflation rates like we do!
When you register with InvestEngine you can see how your fund will perform before you invest any of yours hard-earned money. Moreover, there is no obligation to invest any money. It’s worth registering for a quick look at their suggested investing strategy!
The future growth charts are an excellent way to see what your money could look like in five years’ time. With each portfolio, you can also view how much of each asset was invested into stocks or bonds. This gives users insight on where their investments may go next! The only drawback is that we don’t have access to past performance data from InvestEngine since they just launched last year. I’m happy to say that as InvesEngine’s portfolios shows ETF funds mix, this info enables anyone to look at their past performance if that interests you.
InvestEngine UK offers the most comprehensive portfolio management service of any robo-advice company, with managed portfolios that generate regular income. Other companies such as Nutmeg still don’t offer this feature and it’s what sets them apart from their competition.
InvestEngine’s three income portfolios could provide you with an annual return of 1.5%, 2.7% or 4%. This is dependent on how the markets plays at any given time though it may not be possible to get these returns in every year. Other big firms like Hargreaves Lansdown do offer managed income funds which can give good gains if invested correctly.
Review InvestEngine: Deep Diving Managed Portfolios
An annual fee of 0.45% is charged by Hargreaves Lansdown. This is approx twice of InvestEngine’s 0.25%, which comes out to be about half the price in comparison. The expense ratio you pay for your investments will never change regardless if it goes through an online or physical broker. That’s because they all follow standard practices!
You can choose the frequency of payments you want, and if needed they’ll even send them directly into your bank account each month! Even one can choose how often those checks are coming out. Before investing in a portfolio you get an estimated monthly income, so there won’t be any surprises once they finally show up at home or work.
The Investengine platform offers an interesting selection of ETFs with various asset mixes to choose from. The highest yield portfolio has 75% bonds and 25% equities, which could be considered more balanced compared to other options available. But it relies heavily upon equities for income generation in future decades as well! Hopefully, this will change soon enough so we can see what happens when people are given higher equity allocations – how does their long-term success rate vary depending upon whether you’re trying to produce sustainable growth versus returns?
InvestEngine is one of the most affordable investments in a managed portfolio around. They manage your funds and charge just 0.25%. I’ll be looking at their fees in more detail later on, but for now, lower fees makes them such an attractive option!
InvestEngine UK DIY Portfolio
Customers can build and manage portfolios from a set of 150+ ETFs. The list includes some big names like UBS, L&G, Vanguard, etc., but also less known firms such as iSHARES or Xtrackers. InvestEngine DIY Platform is the best option if you want more variety in your investments without paying too much for them. The DIY user interface may be basic – but there isn’t even an account fee. What makes this platform great (besides the limited ETFs choice) is how cheap it can get when building out these DIY pools.
InvestEngine UK Account Types
InvestEngine offers three types of accounts. Personal accounts, Stock and Shares ISA, and Business Accounts. In both personal and ISAs you will further see two different branches do-it-yourself, and managed. Lets see which accounts suits your needs best, below are top features for each account type.
1. InvestEngine Stocks and Shares ISA
If you’re looking to invest in stocks and shares, then the InvestEngine Stocks and Shares ISA could be a great option for you. With no limit on how much you can invest and a wide range of investment options available, it’s a flexible way to invest your money. Invest in an ISA to save on taxes. Moreover, investments are tax-free, there’s no CGT involved and you can invest up to £20K per year!
InvestEngine ISA Features:
– Invest in a wide range of stocks and shares
– Get started with as little as £1
– Choose from a range of managed or DIY portfolios
– Enjoy zero exit fees, and no charges when you transfer existing ISAs
– Higher returns probability
– Zero ISA account fees for DIY Portfolio & 0.25% per year for managed portfolio
– Access to powerful tools
– Zero dealing & setup charges
2. InvestEngine Personal Account
Starting investment threshold is £100, and all the investment income is taxable. Personal account is a branch of general investment account. The taxable income slab starts from £12,300 which means below this limit you are tax free.
3. InvestEngine Business Account
Businesses having extra money and looking for investment opportunities can use this account. The tax on profits depends on the business type. In my opinion, it’s better to invest your cash in hand to earn a bit more.
What is InvestEngine’s Fee Structure?
InvestEngine offers tax-free ISAs, flexible Personal Accounts, and Business Accounts. Its streamlined platform makes investing easy and convenient, while offering low costs and fees. InvestEngine offers both professional management and do-it-yourself options. You can choose an account type according to your investment goals and experience level. Here with InvestEngine review we will try to cover all related costs.
The DIY accounts do not have any annual or on going fees. However, you have to pay ETF fees and market spread charges.
Managed portfolio costs changes with income or growth portfolio basis.
- For income investors, the annual fee is 0.25%, ETF charge is 0.27%, and ETF spread is 0.09%.
- For growth portfolio investor, the annual fee is 0.25%, ETF charge is 0.17% and ETF spread is 0.04%.
|Cost Type||Managed income portfolios||Managed growth portfolios||DIY portfolios|
|Market spread||0.07% per annum||0.07% per annum||Applicable but Unknown|
|ETF charge||0.25% Per annum||0.15% per annum||Between 0.05%-0.75%
InvestEngine UK Key Features
If you’re looking for a way to invest your money, InvestEngine might be the right option. With its free online service, you can invest in a variety of investments. Above all, you can build your portfolio from scratch, or use an investment manager that will do the heavy lifting for you.
InvestEngine offers several key features
- ISAs are general investment accounts (but no pension). Enjoy tax-free investment through ISAs, but pension support is not available currently.
- Business Accounts aims to focus on big firms looking to invest money in hand to get extra income.
- Investment platform offers 13 low-cost diversified managed ETF portfolios. 10 of which are growth while 3 are income portfolio
- Mobile App is available to manage investments on the move for both iOS and Android users.
- A wide Range of ETFs covers big names including Vanguard, iShares, and more. There are approx 150 ETFs available in total.
- Free DIY Portfolios – They only charge 0.25% annually, but every other thing is free including dealing & platform fees or set up charges.
- Automatic rebalancing – This feature is related to the fund ratio in different asset investments. Like if you 40:60 split between bonds and equities, when a request to add or withdraw is initiated it will automatically maintain portfolio allocation. You can also do this manually when you feel the need for it.
InvestEngine Mobile App & Desktop Review
Here with InvestEngine review we will take a look on its apps. InvestEngine UK mobile app works on both iOS and Android devices. The app offers most of the same functionality as the web-based trading platform. This mobile platform is sleek and easy-to-use, and even has biometric authentication to protect your account and identity. As long as you have an internet connection, you can access your accounts and make trades. The mobile platform also supports multiple portfolios, so you can easily manage and monitor your investments from the comfort of your home.
The website is designed well, and the app is easy to use. InvestEngine not only offer a calculator to help you figure out how your savings might grow based on factors including investments, monthly budget and level of risk. The system shows info on percentage of funds allocation in each asset type.
Are There any Risks with InvestEngine
InvestEngine is a platform that matches investors with a portfolio of exchange traded funds. It is free to create an account on InvestEngine, and you can experiment with your portfolio and the platform’s infrastructure before you make a real investment. After creating an account, you’ll be asked to enter more details for anti-money laundering purposes, such as your age, income, and the amount of money you plan to invest.
An with any other investment the rules are also same here. InvestEngine do not certify that you will surely receive positive returns. It all depends on market conditions and many other external factors. There is always a risk that your investment can go down rather growing while ending up less than initial investment and also paying in fees. Continue below with InvestEngine Review.
Invest Engine Customer Service Review
When it comes to support and service, InvestEngine definitely stands out. You can get access to their support during business hours from Monday – Friday 9:00am to 5:00pm. You can use their helpline, chat or email to connect with them. They help you to invest your money in the way that suits you best. The mailing address is email@example.com or you can also use message section on the portal.
Moreover, they have FAQs section on portal to help with common questions about using platform, investment options and working of each investment portfolio.
InvestEngine Pros and Cons
- Create portfolio without investing
- Zero annual fee on DIY portfolio
- Funds re-balancing option
- More than 150 ETFs
- Low fees on managed portfolio
- In-dept details on managed portfolio proposal
- DIY portfolio lacks automatic suggestions
- Minimum investment threshold is £100
- Flat pricing for both big and small investors
- No pick and choose allow for specific shares and stocks
Review: Is It Safe & Good to Use InvestEngine?
InvestEngine is a great platform for investing in the way that suits you. Its great value services can help you build wealth over the long term. Its focus is on building long-term wealth, not short-term gains. You can get started today! To discover more, simply complete the form. Below information, will help you decide whether to use InvestEngine.
InvestEngine UK is regulated by the Financial Conduct Authority (FCA) and is therefore protected by the Financial Services Compensation Scheme (FSCS). Its investors can claim up to £85,000 in compensation for losses if it fails. In short, if InvestEngine files for bankruptcy, clients are protected by the Financial Services Compensation Scheme (FSCS).
How to Open InvestEngine UK Account
Opening an InvestEngine account is easy and can be done online or over the phone. In this InvestEngine Review we will learn to open an account, you will need to provide some personal information, including your name, address, email address, and phone number. For your account, you’ll also need to create a login and password.
A few questions will appear that you will answer if you opt for managed portfolio. They will ask about investment goals, your budget, acceptable risks, and the term of the investment. In addition, rest of the things will be on an auto algorithm that will follow your answers and select the best suitable investments for you. The investment is managed by InvestEngine experts to maximize ROI.
If you opt for DIY portfolio then first you have to top up your account with your investment funds. Then you can start investing by creating your portfolio. This option is best if you know what is your strategy and needs to achieve your goals.
Alternatives to InvestEngine UK
If you have been looking for a robo-advisor or managed portfolio service, you may be looking for some alternative investment sites. Although there are many robo-advisors on the market, but VanGuard, Nutmeg, Wealtify, and MoneyFarm are some options. They all offer regular off-the-shelf portfolio just like InvestEngine.
On the other side, if you want to opt for DIY investment portfolio then some big names includes Interactive Investor and Hargreaves Lansdown. The are best because you can get access to junior ISAs, Lifetime ISAs, trading account and pensions as well.
InvestEngine Promotions Review
£25 Referral Offer
The InvestEngine £25 Referral Offer is only open to Referrers who are resident in the United Kingdom and are aged 18 years or over. Moreover, InvestEngine employees, their immediate family members, and anyone else professionally connected with the InvestEngine £25 Referral Offer are not eligible to participate.
Referrers can participate in the InvestEngine £25 Referral Offer by referring a Referee using the InvestEngine referral link. Once the Referee has signed up to InvestEngine and they must have to deposit £100 into their InvestEngine account within 30 days. After that Referrer will receive a £25 bonus in the InvestEngine portfolio. Both referrer and referee are bound to be invested for 12-months to be eligible for the bonus. You can claim up to 25 referrals during the Promotional Period.
Please read these Terms carefully before referring a Referee. By participating in this InvestEngine £25 Referral Offer, you agree to be bound by these Terms.