What are the IG Smart Portfolio fees and charges?
Our fees are quoted annually for greater clarity but are calculated daily and charged monthly. There are no sign-up fees, minimum investment periods, exit fees or inactivity fees.
There are three main fees that apply to an IG Smart Portfolio:
1. IG management fee
Our management fee is based on the total value of your IG Smart Portfolios per account type (general investment or stocks and shares ISA). The fee is inclusive of VAT using a tiered structure — with a maximum management fee of £250 per year.
Example:
2. ETF costs
Exchange traded funds (ETF) have a small charge built into their performance, known as the total expense ratio (TER), which is automatically paid to the ETF provider. The average TER for the iShares ETFs held in IG Smart Portfolios is 0.15%.
3. Transaction costs
Transaction costs are an estimated 0.07% per annum to account for the market spread when portfolio rebalancing is carried out.
We’re committed to being transparent about our charges, so we’ll show you an estimated total cost of ownership (TCO) before you invest.
| Total value of IG Smart Portfolios (per account type) | On the first £50,000 | Above £50,000 |
| IG management fee (incl. VAT) | 0.50% (Capped at £250 per year) | Free |
| Average ETF costs (TER) | 0.15% | 0.15% |
| Estimated transaction costs | 0.07% | 0.07% |
| Estimated total cost of ownership (TCO)* | 0.72% | 0.22% |
*Compare us against other leading UK providers.
Please note that our fee structure applies to each IG Smart Portfolio account type (general investment or stocks and shares ISA), and is based on the underlying value of all the portfolios you hold within it – so the more your investments are worth, the more you’ll save.
