Personal Portfolio funds one to five range from conservative – with at least 70% in bonds – through to the most adventurous, with 90% plus in equities.
Holdings include passive funds from the likes of Fidelity, BlackRock and Vanguard, and ETFs from iShares and Source.
The maximum total charge for the service is 0.95% per annum, with fees decreasing as the value of investments rise.
The funds will be run by the same 60-strong in-house team that manages Coutts’ globally oriented Tailored Portfolio Service.
Aimed at Coutts clients, end investors can access the service through an initial sum of £500 ($623, €584) with regular contributions starting at £50.
“Coutts Invest is simple, low-cost, quick to use and gives our clients control of their investments through online banking while on the move,” said Mohammad Syed, Coutts’ managing director and head of financial advice & investment solutions.
“It’s ideally suited to those clients who want access to a simplified version of the Coutts house view, without paying for investment advice. With the Isa season in full swing, it is the perfect time to get involved.”
