New fund supermarket with commission rebate model

Leading financial services provider Alliance Trust Savings has announced the launch of its new fund supermarket with a unique commission rebate model. Investors will now be able to trade in a wide range of top funds alongside an already extensive range of investment options including investment trusts, equities, ETFs, gilts and corporate bonds.

Alliance Trust Savings' innovative fund supermarket

Alliance Trust Savings' new fund supermarket will offer a choice of top funds from leading fund managers such as Fidelity, BlackRock, M&G and Jupiter, with further fund management groups set to join the platform shortly. With this wider investment choice, Alliance Trust Savings will offer a one-stop shop for clients' investment needs with a flat charge for online dealing of £12.50.

Investors will have access to wrapper accounts, including SIPPs and self-select ISAs, and an extensive range of over 3,000 investment options alongside the new fund choices.

Unlike other fund supermarkets, the Alliance Trust Savings fund supermarket will offer investors a unique commission rebate model. Under this ‘money back' arrangement, Alliance Trust Savings will rebate all the commission it receives from each fund management house to investors for all funds held on the platform.

The new fund supermarket platform will allow investors to consolidate their investments on one platform, giving them an option of postal, online and a newly added real-time telephone dealing service.

Malcolm Dodds, Business Development Manager of Alliance Trust Savings, said: "The launch of our unique fund supermarket marks a coming of age for our sharedealing service. Not only will we be offering funds from the biggest names in the market, we will be offering them on very attractive terms because we will return to our clients any commission we receive on their funds."

"Our platform will offer investors a great basis to manage their portfolio, whether they are investing in stocks, shares or funds either directly or through a wrapper such as an ISA or SIPP. We are able to host a whole breadth of investment choices on our platform, making it even easier for people to manage all their investments with us."