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Barclays Smart Investor Stocks And Shares ISA

By: Fiona Vanier | Updated: 26th March 2021.

Great for: investors that want assistance when choosing stocks and funds
4 stars question mark

Barclays Smart Investor Stocks And Shares ISA

Barclays Logo

Investors can choose from thousands of different UK equities in Barclays’ investment ISA, including funds, equities and bonds. Smart Investor itself is an online direct investing service that allows accountholders to research potential investments.

WHAT YOU NEED TO KNOW

  • There is no charge for setting up the account, for account inactivity or for cash withdrawals.
  • A cost calculator is available to help you to work out potential fees before committing to opening an account.
  • Be aware, however, that you cannot trade internationally on Smart Investor.
  • *The platform fee is £4 per month minimum, or the sum of 0.2% p.a of funds plus 0.1% p.a of other investments in the account, whichever is greater based on the value of your investment. This fee is capped at £125 per month.
  • **Share dealing charge is £3 per online transaction for funds and £6 per online transaction for all other investments. All automated regular investments are £1 per transaction. All telephone transactions are £25 each.

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks.

what we like

  • Choose from thousands of investments
  • Ready-made investment funds available
  • Barclays' Funds List can help narrow down choices
  • PLATFORM FEE:

    £4*
  • Share dealing charge:

    £6**

WHAT YOU NEED TO KNOW

  • There is no charge for setting up the account, for account inactivity or for cash withdrawals.
  • A cost calculator is available to help you to work out potential fees before committing to opening an account.
  • Be aware, however, that you cannot trade internationally on Smart Investor.
  • *The platform fee is £4 per month minimum, or the sum of 0.2% p.a of funds plus 0.1% p.a of other investments in the account, whichever is greater based on the value of your investment. This fee is capped at £125 per month.
  • **Share dealing charge is £3 per online transaction for funds and £6 per online transaction for all other investments. All automated regular investments are £1 per transaction. All telephone transactions are £25 each.

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this, or any, product depends on your personal circumstances. Tax rules are subject to change.

Our bottom line

Investors can choose from thousands of different UK equities in Barclays’ investment ISA, including funds, equities and bonds. Smart Investor itself is an online direct investing service that allows accountholders to research potential investments.

Those wanting more assistance can choose from one of five ready-made investment funds put together by Barclays’ team of investment professionals. These funds are based on different levels of return and investment risk. For a lighter approach, there is the Barclays Funds List. This list can help narrow down the wide range of investment options available.

Remember though, if you’re ever unsure about the suitability of an investment for your own circumstances, please seek independent financial advice first.

Top features of Barclays’ Smart Investor ISA account

You can choose from three different levels of support when deciding what to add to your portfolio. You also have access to the research centre, which allows you to make your own investment decisions.

The five ready-made investment funds allow you to choose the level of risk you are prepared to take with your investment. They are made up of different proportions of cash, bonds and shares.

The low risk ‘Defensive’ fund is made up of 18% shares, 57% bonds and 25% cash, while the highest risk ‘Adventurous’ fund is made up of 87% shares, 11% bonds and 2% cash.

Barclays’ commission prices

Barclays charges £3 per online transaction for funds and £6 per online transaction for all other investments. All automated regular investments will cost £1 per online transaction, and all transactions via telephone cost £25 each.

Fees you should know about

Customer fees, which cover the running of the account and the safekeeping of the investments, are £4 per month minimum, or the sum of 0.2% per year for funds plus 0.1% per year for other investments, whichever calculation is greater based on the value of your investments. Customer fees are capped at £125 per month. Barclays charges 0.45% per year for the management of ready-made investments.

Buying shares, ETFs and funds with a Barclays account

A list of the most popular UK investments is available, which is updated monthly. If you want to minimise commission prices and you are committed to regular saving, automated regular investments are potentially your best bet. You only pay £1 for each transaction.

Barclays’ platform

Barclays Smart Investor allows you to choose your own investments including the ready-made investments, funds, shares, investment trusts, gilts, bonds, ETFs and even IPOs. You can access Smart Investor via an app, which allows you to see all of your investments on your mobile device.

When you place an order in your Smart Investor account, Barclays uses its Barclays Price Improver™ to look for the best available price from its selected Retail Service Providers (RSPs).

Barclays’ research offerings

Barclays Smart Investor research centre has access to the latest prices and market movements. You can also research the performance of particular companies through advance charting and virtual portfolios.

You can also register for free daily stock and market alerts. These have been specifically designed to alert you to daily price changes and the latest news.

Barclays recently launched the first version of a new platform that should make it easier for you to research potential shares, too. Further developments are expected later on this year.

Keep in mind that any investment information and expert opinion provided on Barclays’ website is not personal advice and is designed for investors who are happy making their own investment decisions. If you’re unsure about the suitability of an investment for your circumstances, you’ll want to seek out your own independent financial advice.

Things to watch out for

Be wary of the customer fee, since it can be based on the size of your fund and is capped at £125 per month. The maximum annual amount you could end up paying is £1,500 on a minimum investment totalling £750,000. This is substantial, so make sure you are receiving a good service and check your fees on a regular basis.

Service and support

You can contact Barclays Smart Investor via telephone from the UK (0800 279 3667) or abroad (+44(0) 141 352 3919). Lines are open Monday to Friday from 7:30am until 7:00pm. Support is also available via web chat on their website at the same times as its telephone service. If you have an iPhone or iPad, you can also use Apple Business Chat.

Is a Barclays Smart Investor ISA account right for you?

If you are new to investing, Barclays offers you lots of support when deciding on your investment strategy. Smart Investor gives you access to an extensive research centre in addition to an investment platform offering competitive share prices. However, if you plan to buy or sell international equities, you’ll likely want to look elsewhere.

Great for: investors that want assistance when choosing stocks and funds
4 stars question mark

Barclays Smart Investor Stocks And Shares ISA

Barclays Logo

Investors can choose from thousands of different UK equities in Barclays’ investment ISA, including funds, equities and bonds. Smart Investor itself is an online direct investing service that allows accountholders to research potential investments.

WHAT YOU NEED TO KNOW

  • There is no charge for setting up the account, for account inactivity or for cash withdrawals.
  • A cost calculator is available to help you to work out potential fees before committing to opening an account.
  • Be aware, however, that you cannot trade internationally on Smart Investor.
  • *The platform fee is £4 per month minimum, or the sum of 0.2% p.a of funds plus 0.1% p.a of other investments in the account, whichever is greater based on the value of your investment. This fee is capped at £125 per month.
  • **Share dealing charge is £3 per online transaction for funds and £6 per online transaction for all other investments. All automated regular investments are £1 per transaction. All telephone transactions are £25 each.

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks.

what we like

  • Choose from thousands of investments
  • Ready-made investment funds available
  • Barclays' Funds List can help narrow down choices
  • PLATFORM FEE:

    £4*
  • Share dealing charge:

    £6**

WHAT YOU NEED TO KNOW

  • There is no charge for setting up the account, for account inactivity or for cash withdrawals.
  • A cost calculator is available to help you to work out potential fees before committing to opening an account.
  • Be aware, however, that you cannot trade internationally on Smart Investor.
  • *The platform fee is £4 per month minimum, or the sum of 0.2% p.a of funds plus 0.1% p.a of other investments in the account, whichever is greater based on the value of your investment. This fee is capped at £125 per month.
  • **Share dealing charge is £3 per online transaction for funds and £6 per online transaction for all other investments. All automated regular investments are £1 per transaction. All telephone transactions are £25 each.

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this, or any, product depends on your personal circumstances. Tax rules are subject to change.