How are IG Smart Portfolio fees charged?

As we don’t allocate any cash to IG Smart Portfolios, we’ll sell a small amount of the ETFs you hold to cover the monthly fees. You can see fees charged in your transaction history as follows:

Our management fee is quoted as a yearly percentage figure, based on the value of your underlying IG Smart Portfolios within each portfolio bracket (general investment, stocks and shares ISA, or SIPP). However, fees are calculated on a daily basis, and you’re charged at the end of each month for any fees you have accrued.

Because we do not allocate any cash to your IG Smart Portfolio, we will sell a small amount of the ETFs you hold to cover the monthly fee.

The TER for the ETFs held in your IG Smart Portfolio is automatically deducted from its performance.