A Sippdeal SIPP offers you an enormous range of investment opportunities and a market leading, low cost charging structure.
You can invest in any securities quoted on a recognised stock exchange that are settled within CREST. This range includes UK and Irish securities as well as international securities across 21 markets.
You can learn all about how to deal and what you can deal in, in our
dealing FAQs.
Your investment options with a Sippdeal SIPP include
 |
Shares quoted on a recognised stock exchange that can be settled within CREST |
|
Over 2,300 unit trusts and OEICs. These are also known as collective investments. They typically charge an initial fee on opening and an ongoing annual management charge – but Sippdeal has negotiated significant discounts on the initial fees. In fact, over 2,100 of the unit trusts and OEICs available through a Sippdeal SIPP have 0% initial fees – saving you up to 6%. Our funds list shows you all the unit trusts and OEICs currently available with a Sippdeal SIPP |
|
Government bonds |
|
Corporate bonds |
|
Permanent interest bearing shares (PIBS) |
|
Warrants |
|
Investment trusts |
|
Exchange traded funds |
|
Exchange traded commodities. |
What can’t you invest in with a Sippdeal SIPP?
There are some types of asset that you cannot invest directly in with your Sippdeal SIPP, but A J Bell does offer other SIPPs with a wider range of investments than Sippdeal, including commercial property.
With a Sippdeal SIPP, you cannot invest in
 |
Commercial or residential property |
|
Insurance company bonds |
|
Private (unquoted) company shares |
|
Loans |
|
Any activity that could be regarded as trading. |
Also, you cannot borrow money under your SIPP.
|
FREE to regularly invest in over 2,100 funds within the Sippdeal funds list. |
|
£1.50 per deal to regularly invest in any FTSE 350 share, selected ETFs, ETCs and investment trusts. |
|
Regular investment is available in our SIPP, ISA or Dealing Account – the choice is yours. |
Regular investing allows you to apply a regular discipline to your investment strategy and avoids you having to anticipate market movements. The price at which you buy investments can vary significantly, especially at times when stock markets are volatile. Regular investing gives you the opportunity to smooth out the impact of short term movements in the price of an investment or range of investments.
This is often referred to as ‘pound cost averaging’ and can work well with a wide range of investments where you can benefit from the process as it averages out the cost of buying investments.
What are the benefits of regular investing?
- You have the peace of mind of knowing that the investments will be automatically bought at the same time every month.
- You could benefit from ‘pound cost averaging’.
- It can be a very cost effective way to invest. It’s free to regularly invest in over 2,100 funds within the Sippdeal funds list and just £1.50 per deal for any of the other available investments.
- You can build your portfolio with regular investments from just £25 a month.
What can I regularly invest in?
Our regular investment service allows you to invest in a wide range of options. You can choose from:
- all FTSE 350 shares,
- over 2,100 funds (unit trusts and OEICs) available within our funds list,
- selected ETFs, ETCs and investment trusts.
See the full list of regular investments we offer.
What are the costs involved?
It’s FREE to invest regularly in over 2,100 unit trusts and OEICs* within our
funds list.
It’s just £1.50 per deal to regularly invest in any FTSE 350 share, selected ETFs, selected ETCs or investment trusts.
Our standard online dealing charge of £9.95 per deal applies if you want to sell any of your investments. If you have placed 20 deals or more in the previous calendar month across your SIPP, ISA and Dealing Account (excluding any regular investment deals) then you will only be charged £4.95 per online deal when you sell an investment.
Please read our charges and rates for further details.
*We don’t charge a dealing commission to regularly invest in unit trusts/OEICs, but there may be an additional charge made by the fund manager.
How does pound cost averaging work?
One of the main benefits of regular investing is the ability to average out the ‘buy’ price of investments through ‘pound cost averaging’.
By regularly investing each month, you buy more shares or units when the price goes down and fewer shares or units when the price goes up. This avoids you having to worry about anticipating the timing of your investments. Over time, the cost of buying your investments is averaged out.
If you are in any doubt about the benefits of regular investing, we recommend that you take advice from a suitably qualified financial adviser.
Here’s an example of how ‘pound cost averaging’ could work.
| Month | Regular investment amount | Share price | Number of shares bought (excluding any dealing charges) |
| 1 | £100 | £2.00 | 50 |
| 2 | £100 | £2.50 | 40 |
| 3 | £100 | £5.00 | 20 |
Average purchase price in the 3 month period (£300 divided by 110 shares) = £2.73.
How do I set up a regular investment?
Once you’ve opened a Sippdeal account you can set up a regular investment. There are only a few steps involved.
For full details, please refer to our regular investment user guide.
Is there anything else I should consider?
- You should read the SIPP terms and conditions and the key features before making any decision.
- If you are in any doubt about the benefits of regular investing, we recommend that you take advice from a suitably qualified financial adviser.
- Regular investments can only be made monthly.
- Regular investments can be made online or by telephone.
- The date for all regular investments is fixed and we deal on the 10th calendar day (or the next working day) of each month. You are able to amend your regular investment instructions up to midnight on the 9th calendar day of each month (or midnight on the day before regular investment dealing day).
- You must make sure that you have enough cash in your account to pay for all of your regular investments. If, on a “regular investment day” there isn’t enough cash in your account, we will not be able to process the deals. We will then try to place the regular investment order on the 10th calendar day (or the next working day) of the next month. If we are unable to place the regular investment order then we will inform you by secure message.
- The minimum you can regularly invest is just £25 a month per individual investment instruction.
- The value of investments can go down as well as up and you may not get back your original investment.
