- Various platforms charge no annual fees for investment trusts
- But if you want a mixed portfolio that includes funds you should pick carefully
- We look at some recent fee changes
One of the advantages of holding investment trusts rather than funds is lower individual savings account (Isa) and pension fees and a wider choice of platforms to pick from. Just like exchange traded funds (ETFs), investment trusts are treated like stocks by providers.
This means that you can invest in them using trading platforms such as Trading 212 or Freetrade, which do not typically offer access to open-ended funds. Plus, more mainstream providers such as Hargreaves Lansdown and AJ Bell cap their fees to a much lower level for holding investment trusts and stocks than they do for traditional funds.