FundsNetwork is a leading investment services platform owned and backed by global giant Fidelity International. Founded in 2001, today it manages over £76.9 billion of assets on behalf of over one million investors (as at 30/09/2017) across its services.
FundsNetwork is what’s called an 'investment platform'. It provides the technology, tools and services to help you manage your investments in one place.
Where can I invest?
You can invest in over 1,200 Unit Trusts, OEICs (Open Ended Investment Companies), SICAVs, and a small number of Investment Trusts on the FundsNetwork platform.
How much can I invest?
The minimum new lump-sum investment is usually £1,000 and £250 per fund into existing funds. The minimum monthly investment is £50 per application with £25 into each fund.
What are the charges?
Most funds on FundsNetwork now have a 0% initial charge – please check this before investing. This applies to new investments, whilst some fund switches may be subject to a 0.25% switching fee. Clubfinance takes no initial, switch or ad hoc fees on any funds held on the platform. There is no charge to transfer funds on or off the FundsNetwork platform.
You pay an Investor fee and service charge (plus dealing charges) to FundsNetwork and an annual fee to Clubfinance. The table below shows these charges. Other charges may also apply: please check these in the fund's specific Key Investor Information Document before investing.
Please note, Clubfinance rebates all commission on legacy fund classes (subject to deduction of income tax where applicable).
|Investor Fee||£45 per year||nil|
|Service fee||0.25% per year of assets held in clean share classes||nil|
|ETF dealing fee||0.1%||nil|
|Foreign transactions||up to 1%||nil|
Please ensure you carefully read and understand these documents before investing, alongside the Clubfinance Terms of Business and Risks and Commitments. Please also read the fund's specific Key Investor Information Document which you can find on the FundsNetwork website.
All applications, including for new investment (ISA and non ISA), transfer (ISA and non ISA) and fund switches are available on the FundsNetwork platform once you log in.
Important – Have you agreed to the new fee structure?
Due to regulatory changes, Clubfinance now charges an ongoing annual fee of 0.05% and rebates all commission on legacy fund classes (subject to deduction of income tax where applicable). To benefit from the new fee structure, you must complete and return the form below, if you haven't already.Download and complete form