Alliance Trust expands range of funds on its fund supermarket

Alliance Trust Savings has announced the further expansion of the range of funds available through i.nvest, its investment platform.

Major fund managers JP Morgan, F&C and Scottish Widows Investment Partnership (SWIP) have joined the Alliance Trust Savings platform, bringing the total number of funds to 1,400 from 40 fund managers.

i.nvest, the Alliance Trust Savings investment platform, offers a unique market leading commission rebate structure. This rebate facility returns all commission received from the fund management groups back to Alliance Trust Savings customers - in many instances rebating 50% of the funds annual management charge. No other fund supermarket in the UK currently offers this facility.  Customers also benefit from fully discounted initial charges and pay a fixed fee of only £12.50 for each online fund purchase.

i.nvest also allows Alliance Trust Savings customers access to a wide range of investment opportunities in one easy to use and secure location. i.nvest also lets customers hold investments tax efficiently within an ISA or SIPP, or in an Investment Dealing Account.

The additions are an integral part of the overall upgrade to the Alliance Trust Savings offering to customers and includes improvements to the share dealing capability and enhancements to the Alliance Trust Savings website which offers greater functionality and improved ease of use.

Malcolm Dodds, Head of Platform Development and Investment Trust Services at Alliance Trust Savings commented:

"I am delighted to welcome JP Morgan, F&C and SWIP on to i.nvest, our investment platform. The addition of these major investment houses greatly enhances our overall investment offering and we look forward to working closely with our new members as we continue to improve and strengthen the Alliance Trust Savings i.nvest proposition."