Alliance Trust Savings i.nvest offers low cost Vanguard funds

Customers looking to invest directly in low cost tracker funds such as Vanguard this ISA season may struggle as there are very few UK investment platforms to carry Vanguard’s family of tracker funds. Alliance Trust Savings, however, does offer Vanguard funds and is therefore uniquely placed to allow customers to maximise their ISA allowance by reducing the impact of high charges on investment returns.
 
Vanguard featured heavily in the top 20 funds purchased through the Alliance Trust Savings i.nvest platform both in 2010 and in 2011, which isn’t surprising given the i.nvest platform is one of the very few platforms to offer Vanguard funds, which can have annual management charges (amcs) of as low as 0.15%.
 
With the end of the tax year fast approaching it is important for savers and investors to maximise their ISA allowance and one of the key ways of doing this is to understand the impact of charges on investments.  Where other providers make an initial charge on investments, Alliance Trust Savings fully rebate this charge on the majority of funds that are held on the i.nvest platform.  This could save investors up to £560* on their full year’s allowance.
 
Garry Mcluckie, Head of Sharedealing at Alliance Trust Savings commented: “Alliance Trust Savings is one of only a few ISA managers in the UK to offer access to the low cost Vanguard funds on a do-it-yourself basis. Vanguard is just one of many fund providers available on the i.nvest platform which offers an extensive range of funds with no initial charges and all fund commissions rebated back to the customer’s account. This makes i.nvest one of the most cost effective ways of purchasing some of the leading funds in the UK. “