Royal Bank Invest
Royal Bank Invest is a robo advice service from the Royal Bank of Scotland for their banking customers only. Investors can choose from five risk-rated funds, which are provided and managed by Coutts, in an ISA, JISA, GIA or pension for a minimum investment of £50. Potential investors can choose from the funds list themselves, or be guided through an automated advice service for a £10 charge.
Available products & wrappers
| General investments | ISAs | Lifetime ISAs | Junior ISAs | Pensions & SIPPs | Junior pensions & SIPPs | Other |
|---|---|---|---|---|---|---|
Table of charges
| Platform charges | Product charges | Other charges | |
|---|---|---|---|
| £0-£1m | 0.15% | ||
| £1m-£5m | 0.10% | ||
| Over £5m | 0.05% | ||
| Fund charge | 0.40% | ||
| Trading Costs | 0.07% |
Minimum investments
| Lump-sum | Top-ups | Monthly |
|---|---|---|
| £50 | £50 |
Compare + Invest review of Royal Bank Invest
| Products & wrappers | Research & guidance | Charges | Overall rating |
|---|---|---|---|
What is Royal Bank Invest?
This is Royal Bank of Scotland's online investment service. It's not really a robo but more of a gateway to 5 multi-asset funds. For a minimum sum of £50 investors get a choice of five risk-rated funds, provided and managed by Coutts, in an ISA, JISA, pension or general investment account.
Who is Royal Bank Invest for?
This is for those who are new to investing and prefer to invest through their trusted bank.
Our review of Royal Bank Invest
This is a mixed bag. On the one hand it is aimed at those who are new to investing and it has some good guides to investment. However, the downside is it doesn't offer much by way of investment choice.