What a year it’s been so far! Stock markets have struggled, no doubt about it.
Even so, we’ve been delighted that thousands more investors have joined InvestEngine to build their wealth for the long-term, and we’ve completed a successful £1.3m crowdfunding to continue developing the platform for portfolio-based investing.
We now have more than 14,750 customers entrusting a total of £85m to our DIY and Managed portfolio services.
Our highly-rated no-fee ISA proved very popular in the ISA ‘season’ at the end of tax year, with several thousand investors opening new tax-free accounts with InvestEngine.
If you’ve yet to open your 2022/23 ISA or you’d like to transfer other ISAs to InvestEngine, you might enjoy some of the many video reviews and recommendations our ISA has received recently.
We’re also pleased to report that we’ve revamped our ISA transfer process — all you need to do is complete our simple ISA transfer form then we’ll sort out the switch admin with your previous ISA manager.
Across InvestEngine, we’ve been doing a lot of work in recent months to get the customer experience just right, including launching a new online Help Centre and adding to our super-friendly Support team alongside continual app and web improvements.
It’s always great to receive your feedback, which helps to shape the future of InvestEngine, so feel free to let us how we’re doing below.
A big £1.3m thankyou!
Our April equity crowdfunding saw more than 1,100 individuals invest over £1.3m in the InvestEngine business.
Thank you to everyone who participated in our first public share offer — and welcome aboard!
The share offer attracted nearly double our original target of £700,000 and it’s clear there’s still further demand for investing in the InvestEngine business, so please watch this space!
The crowdfunding proceeds will help supercharge development of the InvestEngine platform and the launch of some great new products and features.
To get the latest development news, please keep visiting the InvestEngine Community to read our posts and updates.
This fundraising means we’re well-placed to continue our mission to deliver the benefits of ETF investing to you at the lowest possible cost.
Despite the disappointing performance of stock markets this year, the multi-trillion growth story for ETF investing remains firmly intact — and our Managed portfolios have performed relatively well.
With InvestEngine, you can be confident you’re with the right investment platform to make the most of this exciting opportunity.
Our very best wishes,
Andrey & the InvestEngine Team