Nutmeg Saving & Investment 4+

I really love how much information you have with this app and on the website. The graph often investment through the ages is my favourite. It’s a really transparent way of investing, where I have seen higher than anticipated returns over the past year and a half (much better than a savings account!). This is dependent on your individual risk appetite, which is established before you start investing. I think the app is brilliant, giving real time valuation of your portfolio (so I find myself checking up on how the funds are doing daily!). I can split funds into various risk portfolios, hold a separate pension pot, am in the process of transferring my ISA, and fees are deducted automatically so I don’t even notice them go. Plus, the return is post-fees, so I’m still making a return even after fees! I’d recommend to anyone who’s looking to invest. There’s nothing to stop you from investing a small amount first, to get a feel for things and play around with risks first, and then seeing if it’s your cup of tea, as I understand that there’s no exit fees either. The Socially Responsible Portfolio also has excellent returns and I would highly recommend.

Absolutely love the updated version of this app. Definitely helps to respond to calls for more UX functionality including the ability to edit risk level in app, change to/from fixed or fully managed portfolio management, and the ability to see the individual ETFs behind each pot and their rationale. Very transparent and clear design, in line with the ethos of Nutmeg and it’s wider mission. My favourite addition to the app is the new focus on social, environmental and ethical investing. You are now able to see how your investments score in a number of areas such as CO2 emissions, and even the percentage of companies in your investment pot that employ more than 30% women on their boards. I am so impressed that Nutmeg are giving customers more oversight and control of the social, environmental and ethical impact of their investments.

I saved for a year and wanted to get more interest shall we say than the rubbish high street banks offer.
Obviously nothing is guaranteed with stocks and shares but I liked the reviews given by nutmeg customers so gave it a go.
This was 18 months ago. Everything was going great. Approx 5% return. Then the pandemic hit. My savings were going down down down. Hit rock bottom of approx -7%. I didn’t touch it and since then it’s gone back to even and now when I write this I am 11% up. Of course this can go back down again but so impressed with how little I have to do. So impressed with the traders. Nutmeg hardly take any money. You don’t even notice it!! Highly highly recommend nutmeg to everyone.
Once we get back to something like normal I can only see my investment growing.