Moneyfarm is a UK robo advisor that provides you with a personalised investment plan based on your risk preferences. It has seven risk-rated portfolios that are recommended to you based on your online investor profile.
To get started, you’ll be asked to complete a short survey so that Moneyfarm can better understand how you approach finance before matching you to your investment portfolio.
With Moneyfarm, you can invest in a Stocks & Shares ISA, Private Pension or General Investment Account. Once you’ve funded your account, Moneyfarm’s team of investment experts will manage your portfolio for you.
Click here to learn more about Moneyfarm.
When you invest, please keep in mind that your capital is at risk.
With Moneyfarm, you can invest as follows:
Moneyfarm Stocks and Shares ISA
Click here to learn more about Moneyfarm’s Stocks and Shares ISA.
Moneyfarm Private Pension (SIPP)
Click here to learn more about Moneyfarm’s SIPP.
Moneyfarm General Investment Account (GIA)
Click here to learn more about Moneyfarm’s GIA.
Actively Managed Portfolios
Moneyfarm’s actively managed portfolio’s work to deliver long term growth for each investor by building, managing and rebalancing your portfolio(s) on your behalf.
Once Moneyfarm determines your knowledge, experience, risk appetite and objectives, you’ll be matched to one of seven ready-to-go portfolios that best suit your goals and investment style. Your portfolio will be made up of high-quality Exchange-traded Funds (ETFs) handpicked from around the world.
Moneyfarm recently introduced the Environmental, Social and Governance (ESG) investment style to its portfolios. Click here to learn more.
Moneyfarm offers free access to their investment consultants who provide guidance to help you feel more confident about your investment decisions. You’ll also receive digital investment advice to keep you on track and make sure your portfolio is suited to you, even if your circumstances change.
Moneyfarm provides expert opinions on your existing investments, taking into account performance, cost and quality, as well as retirement planning and your drawdown options.
With the Moneyfarm app, you can invest through a Stocks and Shares ISA, General Investment Account or Private Pension. Users also benefit from free and personalised digital investment advice from Moneyfarm’s investment consultants.
Once you’ve completed a questionnaire specifying your investment goals, risk preferences and financial habits, Moneyfarm will recommend a selection of its seven risk-rated portfolios.
These range from 1 for the lowest risk, to 7 for the highest risk product. Portfolios on the lower end of the scale mostly comprise of lower-risk level fixed-income investments, including government, corporate and emerging market bonds.
For example, Portfolio 1 makes up 53% cash and short-term government bonds, whilst Portfolio 7 comprises 66% developed markets equities.
Moneyfarm has a minimum investment amount of £500.
It's completely free to download the app.
Then Moneyfarm charges a management fee depending on how you choose to invest. Management fees cover all of your Moneyfarm products and are calculated as follows:
Fees are calculated daily based on the total market value of your portfolio.
On average, you’ll be charged 0.2% per annum in exchange-traded funds (ETF) fees. This is built into the cost of the ETF on any given day, so you won’t see fund charges being deducted from your portfolio directly.
Moneyfarm is beginner-friendly. Its service is designed to make personal investing more accessible to the average person by arranging and managing your investments for you.
It’s a great starting point for those who want to watch their money grow without dealing with the nitty-gritty details of investing. You can use the Moneyfarm app, which is available on iOS and Android, to view your portfolio information and monitor your investment performance.
No. Although Moneyfarm uses exchange-traded funds (ETFs) and other passive trackers, the investment portfolios are actively managed by the team at Moneyfarm.
Moneyfarm falls into the mid-price range category. Use our Robo Advisor Charges Comparison Table to understand how Moneyfarm compares to other robo advisors in the UK.
When you invest with Moneyfarm, your money is protected by the Financial Services Compensation Scheme (FSCS) up to a maximum of £85,000. This means you can get your money back if Moneyfarm were to go bust. Keep in mind that the FSCS does not cover losses arising from the performance of any of your investments.
Yes, Moneyfarm is authorised and regulated by the Financial Conduct Authority (FCA). Have a look at their regulatory permissions on the FCA Register.
Visit Moneyfarm’s website here.
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