A fund platform, often referred to as a fund supermarket, is a company that provides a facility for buying and selling a wide range of investment funds from different fund management companies on the same platform, often at favourable terms. Some of the best known platforms are Fidelity Funds Network, Cofunds, Skandia and Standard Life's FundZone.
July 2012 saw funds under management of the five biggest platforms which provide data to the Investment Management Association (IMA) of £122 billion, compared with £114 billion a year ago.
Investors who wish to purchase and or switch funds using a fund platform, through Moneyspider, will benefit from the expedience and convenience of online same-day transactions as well as low cost online switching charges.
You can also simply re-register your existing investments to take advantage of these benefits.
To find out if you are able to re-register your funds and to get more information, call us on 01784 264 220.
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