1 of 4

Ray Dalio

All-Weather Portfolio

Which

Platform?

2 of 4

Platform

Interactive Investor

AJ Bell

Hargreaves Lansdown

ISA availability

Yes

Yes

Yes

Range of investments

Broad

Broad

Broad

Hold funds and/or ETFs

Both

Both

Both

Fund invest costs

£7.99

(1 free / month)

£1.50

Free

ETF invest costs

£7.99

(1 free / month)

£9.95

£11.95

Regular fund costs

Free

£1.50

Free

Regular ETF costs

Free

£1.50

£1.50

Platform fees

£9.99 / month

FUNDS: First £250,000 0.25%SHARES: 0.25% (max £7.50/qtr)

FUNDS: First £250,000 0.45%SHARES: 0.45% (max £45/yr)

Transfer in/out/as-is

Free

£25 / trade as-is

£25 / trade as-is

£25 / cash out

£30 closure fee

Re-invest income

£0.99

As-above

1% (£1-10)

Funding Platforms Compared

3 of 4

Platform

Interactive Investor

AJ Bell

Hargreaves Lansdown

£12,000 invested, monthly regular investor, rebalanced yearly

ETF invest costs

£0

£50

£10 x 5 trades / year

£60

£12 x 5 trades / year

Regular ETF costs

£0

£90

£1.50 x 5 x 12

£90

£1.50 x 5 x 12

Platform fees

£120

£10 x 12

£30

£7.50 x 4

£45

Transfer in/out/as-is

£120

£170

£50 + £90 + £30

£195

£60 + £90 + £45

£100,000 invested, no regular investing, rebalanced yearly

ETF invest costs

£0

£50

£10 x 5 trades / year

£60

£12 x 5 trades / year

Regular ETF costs

£0

£0

£0

Platform fees

£120

£10 x 12

£30

£7.50 x 4

£45

Transfer in/out/as-is

£120

£80

£50 + £30

£105

£60 + £45

Two Example Situations

4 of 4

Platform

Interactive Investor

AJ Bell

Hargreaves Lansdown

£12,000 invested, monthly regular investor, rebalanced yearly

ETF invest costs

£0

£50

£10 x 5 trades / year

£60

£12 x 5 trades / year

Regular ETF costs

£0

£90

£1.50 x 5 x 12

£90

£1.50 x 5 x 12

Platform fees

£120

£10 x 12

£30

£7.50 x 4

£45

Transfer in/out/as-is

£120

£170

£50 + £90 + £30

£195

£60 + £90 + £45

£100,000 invested, no regular investing, rebalanced yearly

ETF invest costs

£0

£50

£10 x 5 trades / year

£60

£12 x 5 trades / year

Regular ETF costs

£0

£0

£0

Platform fees

£120

£10 x 12

£30

£7.50 x 4

£45

Transfer in/out/as-is

£120

£80

£50 + £30

£105

£60 + £45

Two Example Situations