1. Extensive fund range
Over 2,100 investment funds from over 95 fund management groups. This means your annual ISA allowance and any additional investments can be spread across different funds and different providers in the same tax year, giving you more choice and enabling you to spread the risk of your investments.
2. Low charges
Many of the investment funds available have 100% savings on initial charges. Based on a standard initial charge of 5.5%, this equates to a saving of £550 for every £10,000 invested. There is no annual charge to Fair Investment and low switching costs of 0.25% (equivalent to £2.50 per £1,000 switched).
3. Full online management
Providing you with greater control, our online investor service provides you with secure online access to your portfolios, 24 hours, 7 days a week . The gives you a single account view of all of your investments, easy switching between funds, transactions history as well as online portfolio valuations providing a quick and print-friendly consolidated view of your investments.
4. Expertise and impartiality
At Fair Investment Company we are pioneers of the online intermediary and have been working hard for many years to bring you the best the market has to offer in terms of choice and value. Cofunds has been a pioneer in the fund supermarket and platform world and is now the UK’s largest independent investment platform with over £50bn assets under administration and 800,000 using the service (as at 14/10/13). With combined experience totaling well over 20 years, our service offers you the best in terms of independence and impartiality.
5. Financial strength
Backed by one of the largest financial institutions in the UK, Legal & General Cofunds are a market leader in the fund platform market.
6. Independent & award winning platform services
Not tied to any investment house. Cofunds is impartial and does not offer financial advice or manage any of its own funds. A true market leader, Cofunds’ commitment to service excellence has been widely recognized across the industry year on year, providing proven administrative expertise built up over a number of years backed by scalable administrative systems and infrastructure.
7. Consolidation benefits
Providing you with a convenient, single view of your investments so they can be managed efficiently in one place. Benefit from having only one administrator manage all of the paperwork relating to your existing and new investments, making investing even easier. You receive one statement, every six months, detailing all your investments during that period. Investments outside an ISA will receive a consolidated tax voucher in June each year.
8. Maximise your ISA investments
Maximise your ISA investments in order to make the most of income and capital gains that are free from tax, which also means there no tax return required. Remember, you can invest up to £11,520 this tax year per person and it you don’t use it, you lose it. We also provide you with a valuable temporary Cash Reserve facility allows you to switch in and out of cash without losing your ISA status.
9. Transfers made easy
Both cash transfers and re-registration are available to match your needs. Many of the fund groups on the platform offer cash transfers at nil initial charges, which is unique to this service. Should you wish to retain your existing funds then re-registration enables simple transfers without the need to sell and buy back your holdings. This avoids any initial charges and any potential risks from being out of the market.
10. Ultimate investment flexibility
Invest a lump sum, ad hoc or set up monthly from £x per month provides you with maximum flexibility in how and when you invest. You are in complete control so you can invest when you like, where you like and you can choose how and when to take your income.
Get assistance - Call us on 0845 308 2525
If you like to talk about our fund supermarket or you have any queries, please call our Customer Helpdesk
(9am to 5.30pm Monday to Friday)