The value of investments can go down as well as up, and the investor could get back less than was paid in. Laws and tax rules may change in the future. Personal circumstances and where the investor lives in the UK will also have an impact on tax treatment.

What is FundZone?

FundZone is our fund supermarket. It gives you access to thousands of funds from many fund managers.

View literature for FundZone

Benefits to you

FundZone offers online services to help reduce your admin. You can apply online, produce valuations, update client records and switch funds. You can also use a range of investment tools for fund selection and risk profiling.

To help make your work more efficient, you can also use FundZone to view all of your client’s information in one place, with consolidated statements for an up-to-date picture of a client’s whole portfolio.

Clients can also have access to online valuations on FundZone, if you choose to make this available to them.

lightbulb

Comprehensive

A wide range of funds, ISA tax wrapper and fund factsheets.

DNA Helix

Robust

Driven with the same powerful technologies that drive our Wrap platform.

Flexible

Flexible

Design a remuneration structure that suits your client’s needs.

Benefits you can pass on to clients

FundZone gives your clients access to a wide range of investment funds. This includes the Stocks & Shares Investment Savings Account (ISA) from Standard Life Savings Limited, which is an open-ended, tax-efficient medium to long-term investment account.

signpost

Choice

Give clients a choice of investment funds managed by a large number of fund managers, covering different asset classes, regions and investment styles.

Atom networking

Access

Open up access to innovative funds, including the risk based MyFolio funds.

coins

Cost effective ISA management

Transfer existing stocks and shares ISAs to retain tax benefits and manage together.

Investment limits

Regular withdrawals can be taken monthly, quarterly, half yearly or yearly.

Investment type Limit
Minimum initial lump sum investment £500
Minimum additional investment £250
Minimum monthly investment £50
Stocks & Shares ISA maximum annual investment £20,000 (2021/2022 tax year)

Charges

Charges can vary depending on the funds chosen and the remuneration option selected.

The main charges are:

  • Annual management charge - this is sometimes referred to as the fund management charge (FMC) and covers management of investments and administration costs
  • Other fees and expenses - depending on the fund chosen, there may be additional fees and expenses levied by fund managers
  • One simple product charge - we’ll deduct a stepped product charge to cover our costs, which will reduce when your clients invest more with us
  • Cash management administration charge - applies on the various cash accounts held within your client’s FundZone account

Product charge

We apply a stepped product charge for each product held on FundZone, one for the Stocks and Shares ISA and one for the Investment Funds. Each of these charges is based on the combined value of investments in both products, as shown in the table below.

Total value of investments (excluding cash) Annual product charge (deducted monthly)
£500,000 and over 0.20%
£100,000 to £499,999.99 0.25%
£50,000 to £99,999.99 0.30%
£0 to £49,999.99 0.35%

Cash management administration charge

We apply a cash management administration charge (CMAC) on the various cash accounts held within your client’s FundZone account. This charge is taken directly from the interest received from the bank(s) used to provide these accounts. It is not deducted from any interest we may pay to customers. The charge may go up and down regularly.

The CMAC rates stated here are example annual rates based on the interest rates received from the bank(s) used to provide these accounts as at 23/03/2020, and assuming a Bank of England Base Rate of 0.10%.


Product CMAC
Supermarket Cash Account 0.08%
S&S ISA Cash Account 0.08%
Investment Funds Cash Account 0.08%

Supermarket cash account

A cash account is automatically set up as part of your clients' holding on FundZone. It is used to pay product charges and any adviser charges that are set up. Money in the cash account is held outside of the FundZone products. This means that for ISA clients any charges that are deducted will not impact their ISA allowance.

The Supermarket Cash Account cannot have a negative balance, so it’s important that you monitor this to make sure there are sufficient funds to cover all charges. You can use our Cash Balance report to do this.

Adviser payments

We have a comprehensive range of adviser charging options on FundZone, offering your client flexibility and choice.

Adviser charges and product charges will be paid from the FundZone Supermarket Cash Account. An ongoing adviser charge can be taken monthly, quarterly, half-yearly and yearly.

If your charge is cancelled, you will need to set up a new adviser charge on FundZone. A regular initial adviser charge cannot be restarted.

Adviser charges Stocks & Shares ISA Investment Funds
Inital Adviser Charge (% / £) Yes Yes
Regular Initial Adviser Charge (£) - available for regular payments only Yes Yes
Ongoing Adviser Charge (% / £) Yes Yes
Ad hoc Adviser Charge (% / £) Yes Yes

Online services

Once logged in, you can access a range of information and carry out a number of services for your clients online, including:

  • Purchases and sales
  • Portfolio valuations
  • Transaction histories
  • Fund switches
  • Changes to client details

Log in to FundZone

Useful tools

More resources for advisers