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Ready-made investing

Ready-made investing managed by our experts

Looking to invest, but prefer our experts to choose and manage the investments on your behalf? Our Portfolio+ service could be for you

HL Portfolio+ explained in 1 minute

Portfolio+ is not personal advice. If you are unsure if it is an appropriate service for you or which portfolio is suitable for your circumstances, contact us for advice. As the value of investments can fall as well as rise you should anticipate holding it for at least 5 years and not invest monies you may need before then. Tax rules can change and the benefits will depend on your circumstances. The service uses our sister company's funds.

Intelligent investing made simple with Portfolio+

Our six ready-made portfolios invest in a broad mix of assets across a range of countries and regions - helping to dilute risk whilst improving the chances of investing in the right places.

Portfolio+ offers simplicity, performance potential and a low minimum investment of £1,000. While the portfolios can be sold at any time, free of charge, they should only be bought as long-term investments.

  • Easy to set up

    It takes less than 10 minutes to set up a portfolio

  • Flexible

    Invest in an ISA, SIPP or general investment account

  • Straightforward

    Simply select the portfolio which best matches your investment goal and attitude to risk


How does Portfolio+ work?

Simply choose an existing account or open a new account, select whether you're investing for income or growth, and the level of risk you're comfortable with.

All six portfolios consist of a number of HL Multi-Manager funds, which are managed on a daily basis. Multi-Manager funds invest in a selection of our favourite funds within a sector, benefitting from instant diversification - by holding just a couple of Multi-Manager funds you will immediately be invested in 20, 30 or even 40 underlying funds and, consequently, the assets those funds hold.

Play video
Lee Gardhouse, Chief Investment Officer, explains how the portfolios are built
  • Straightforward

    Our six ready-made portfolios cover different goals and levels of risk. These cater for the vast majority of investment needs, from saving for retirement to investing for a child’s future.

  • No extra cost

    No additional charges for the management of your portfolio. You pay an ongoing charge for the underlying multi-manager funds and our standard Vantage Service charge of 0.45%.

  • We keep the portfolio on track

    We will rebalance each of our portfolios twice a year to ensure they remain on their original track.

  • Transparent

    See exactly how your investments are performing - online or via the HL app, 24/7.


Portfolio+ It takes less than 10 minutes to set up a portfolio

Start your own portfolio
Master Portfolios

If you'd prefer to build and manage your own portfolio from our favourite funds you may be interested in our Master Portfolios

Advice

For personal recommendations from our expert financial advisers, find out about our financial advice service

Frequently asked questions


  • Yes, you can view all the factsheets below. Each factsheet provides further information on the portfolio, recent performance and asset allocation.

    The factsheets show the HL Multi-Manager Funds which are used to build the portfolio. Our Multi-Manager Funds invest in funds from leading companies like Woodford, Old Mutual, Aberdeen and First State. These underlying funds are also shown on the factsheet.


  • Only the standard Vantage account charges and those of the underlying funds. There are no additional charges for HL Portfolio+ and no charge to rebalance the holdings.

    The Vantage account charge is an administration charge to hold funds in the Vantage Service. Our charge is tiered within bands and will be 0.45% per annum on the first £250,000 of funds within each Vantage account, 0.25% per annum on the value of funds between £250,000 and £1m, 0.1% per annum on the value of funds between £1m and £2m, and no charge on the value of funds over £2m.

    Like any fund, each HL Multi-Manager fund has an ongoing charge (OCF/TER). The ongoing charge (OCF/TER) for the portfolios are as follows as of 30/04/2017:

    Portfolio name Ongoing charge (OCF/TEF)
    Adventurous Income1.35%
    Balanced Income 1.33%
    Conservative Income1.33%
    Adventurous Growth1.46%
    Balanced Growth1.44%
    Conservative Growth1.37%

    Please note - the ongoing charge (OCF/TER) will vary over time dependent on the relative performance of the funds held within each portfolio.


  • New clients

    You may invest in Portfolio+ within a Stocks & Shares ISA, SIPP or Fund & Share Account. If you wish to invest in a different account, you will need to open the account first, then return to this page to place your instruction to invest in HL Portfolio+.

    You must be aged 18 or over to invest, with the exceptions of the SIPP where people aged less than 18 can invest with their guardian's approval.

    Existing clients (logged in)

    You may invest in Portfolio+ within the following accounts: Stocks & Shares ISA, Junior Stocks & Shares ISA, SIPP, Drawdown, Junior SIPP and Fund & Share Account or Vantage Group SIPP.

    You must be aged 18 or over to invest, with the exceptions of the SIPP, Junior SIPP or Junior Stocks and Shares ISA, where people aged less than 18 can invest with their guardian's approval.


  • Yes - you can transfer an ISA, pension, or unwrapped funds and shares to Hargreaves Lansdown and invest in the Portfolio+ of your choice. You can instruct the transfer by completing one of our Portfolio+ transfer forms.


  • If you hold Portfolio+ within an ISA or a SIPP:

    You do not have to pay income tax on any income or capital gains tax on any disposals.

    If you hold Portfolio+ in a Fund & Share Account:

    Income: Income on the holdings (such as dividends and interest) is received gross but will be subject to income tax. Income rolled up into your accumulation units is also taxable. This income, broken down into dividends and interest, will be shown on the Consolidated Tax Certificate that accompanies the Spring Investment Report. You can use this information in completing your tax return, where applicable.

    Capital gains tax: Capital gains tax may be due on any disposals. This will depend on the amount of gain, and whether or not you have disposed of any other chargeable assets in the same tax year. Disposals may include, but are not limited to: sales of units (both where you sell holdings, or sales to raise funds to settle fees), sales for the purpose of rebalancing the portfolio biannually, transfers to others and gifts.

    You should note that the above is guidance only and you should seek specialist tax advice from an accountant or tax adviser if you are unclear. You are responsible for ensuring that you correctly report and pay tax on your income or gains.


  • Rebalancing involves selling a little of what has done well, and reinvesting elsewhere - to help keep the portfolio on track to achieve its pre-determined objectives.

    Left unchecked a portfolio will naturally increase exposure to the area that is performing best over any one period of time. This can have two negative impacts.

    • The risk in the portfolio can tilt (for instance an ever increasing exposure to equities if they outperform fixed interest/bonds) meaning that an investor could end up with more or less exposure to the areas of the market than was originally set.

    • Investment is cyclical in nature and asset types (shares, bonds etc.) come in and out of favour as do investment styles (high yield shares have historically performed well in tougher market environments but have lagged in periods of explosive market performance).

      A portfolio that is not rebalanced risks having maximum exposure to a style or area of investment just before it falls out of favour and minimum exposure just before it comes back into favour. Regular re-balancing helps investors to take advantage of the ebb and flow of investment fashion. Given the low cost of rebalancing it makes sense to keep portfolios in line with the investors' chosen mix of assets and associated risks.