Munnypot is an online investment advice solution that aims to provide low cost, jargon-free support for those unable to access traditional financial advice and those looking for more than a self-service or guidance service.
Munnypot communicates with customers through an engaging, automated chatbot system, simplifying the decision-making involved in investing.
Monitored for you
Unlike most online investment services, Munnypot monitors your account 24/7.
Real time notifications
Munnypot will update you whenever you reach a key milestone. Should your investment ever deviate negatively from your goal, Munnypot will automatically notify you with advice to help you get back on track.
Munnypot Auto Select General Investment Account Overview
The Munnypot Auto Select General Investment Account is provided in combination with automated online investment advice. Munnypot’s regulatory position allows it to provide online financial advice on investments. This means that it will recommend which funds you should invest in to achieve your selected goal, whereas with most providers you must make the decision yourself. The Munnypot service also selects for the investor whether to invest in an ISA and/or a General Investment Account.
|Min Investment ||£25 per month and/or £250 one off payment |
|Maximum Investment ||£3M|
|Advice Fees||Advice fees starting from £0.42p per month and a £5 one-off fee|
|Platform Fee||0.11% per annum (charged monthly)|
|Investment Management Fee||0.15% - 0.22% per annum (charged monthly)|
The value of investments can go down as well as up, so you could get back less than you invest. Tax treatment depends on the individual circumstances of each client and may be subject to change in future. Capital is at risk.