You can open an investment account and deposit money within minutes. Simply click the ‘open an account‘ button, pick the account you want to set-up, and follow the on-screen instructions. Once you’ve opened one account, it’s easy to add others within the platform.

To open an investment account, you need to enter your name, contact information and bank details. Other than the above:

  • GIA: no other information is required
  • ISA: you need to enter your National Insurance Number
  • SIPP: you need to enter your National Insurance Number, intended retirement date, and information about where the pension contributions will come from

You will then be asked whether you want to to deposit a lump sum (£1,000 minimum), set-up a regular investment (£100 minimum per month for the first year), or instruct a transfer (see’ transferring to us’ section below). You can make a lump sum deposit via your debit card and make regular contributions by direct debit.   Once your chosen account is open, you will be taken to the ‘My Portfolio’ page where you can see all of the accounts in one place where you construct your investment portfolio. The example shown below is of someone who has deposited £1,000 as a lump sum into an ISA and has made an investment of £900. You can see that to open another account you simply click the relevant ‘apply for …’ link and follow the on-screen instructions. Strawberry- Portfolio view example To buy an asset, simply click the ‘Manage Investments’ tab in the menu bar shown above, and select ‘Buy an asset’ on the drop down. You’ll then be taken to the page shown below where you can search for any investment available on the platform. Type in a minimum of three characters of what you’re looking for and click ‘Search’. When you find the investment fund you want, click the basket icon in the relevant row and it’ll be added to your basket. You can search repeatedly and add as many investments as you’d like before making the final purchases. Strawberry Invest buying an asset Once you’ve selected all of the investments you want, click the ‘My Basket’ button shown in the top right of the picture above. This will take you to the page below where you can enter the exact amount of money you would like to invest into each asset, and see exactly what the charges to invest will be. Once you’re happy with the amount allocated to each, click ‘Confirm’. Assuming there is enough cash available in your account, the purchases will be made for you.

Strawberry Invest investment basket

 

The Strawberry Investor Direct platform allows you to open up three types of investment account. You can view, value and place orders within all three accounts via one simple login. Just open one account to start with and then add others as and when you want to.

General Investment Account (“GIA”)

The GIA is a basic fund & share account. The tax you pay will depend on the types of investments held and your personal circumstances.

Aims of the Account

  • to allow you to invest over the medium to long-term
  • to allow you to select and purchase a wide range of investments
  • to allow you to invest an unlimited amount of money without any caps or restrictions on when you can make withdrawals

Charges

  • no account set-up or annual charges

 

Stocks & Shares Individual Savings Account (“ISA”)

The ISA allows you to invest in a tax advantaged environment where you pay no capital gains tax on the growth of your investments and no further tax on income received.

Aims of the Account

  • to allow you to invest over the medium to long-term
  • to allow you to select and purchase a wide range of investments
  • to allow you to invest up to the HMRC Stocks and Shares ISA limit each tax year and to transfer in previous years ISAs (including cash ISAs)

Charges

  • no account set-up or annual charges

 

Self-invested Personal Pension (“SIPP”)

The SIPP is a registered pension scheme which allows you to make your own investment decisions while saving for your retirement. It is a long-term investment vehicle and is designed to provide you with an income in retirement.

Aims of the Account

  • to allow you to invest over the long-term for your retirement
  • to allow you to select and purchase a wide range of investments
  • to allow you to make pension contributions up to the lower of the HMRC pension saving annual allowance and your relevant UK earnings
  • to offer tax incentive benefits granted by HMRC to registered pension schemes
  • to allow you to transfer in existing UK registered pension schemes

Charges

  • No account set-up charge and an annual account charge of just £100 plus VAT deducted quarterly in arrears

It’s easy to transfer your existing investments, ISAs and pensions to us.

ISA transfers

  • transfer your previously established ISA’s to the platform at anytime (both cash and/or stocks & shares)
  • you don’t need to transfer in a full ISA, you can transfer parts of ISA’s if you’d like (maybe because you want to maintain some in a cash ISA, but would like to invest part of it)
  • a transfer can be made in cash or by re-registering investments (subject to the platform’s and your existing ISA manager’s agreement)
  • while you are opening your account, or within the platform itself, you can simply download and print an ISA transfer form
  • simply fill it out, send it to the address stated on the form, and once your  instruction is received, the platform team will do the rest

Pension transfers

  • you can transfer in the following types of UK registered pension schemes:
  1. Personal pension scheme (including a SIPP);
  2. Stakeholder pension;
  3. Group personal pension scheme;
  4. FSAVC  (Free standing AVC).
  • all transfers must be made in cash and there is no minimum or maximum transfer amount
  • while you are opening your account, or within the platform itself, you can simply download and print a pension transfer form
  • simply fill out the form, send it to the address stated on the form, and once your instruction is received, the platform team will do the rest

Please feel free to contact us if you have any questions at all.

Many people think that you need a lot of money to start investing, but with Strawberry you can open an account and start investing with just £100 per month. You can also set-up an automatic regular investment into a chosen investment fund(s) with no dealing costs at all.

Here’s how to do it:

  • Open your chosen type of account (GIA, ISA or SIPP)
  • On your ‘My Portfolio’ homepage, move your cursor over ‘Cash Management & Transfers’ and a drop down will appear as below
  • Click ‘Add Cash’

Adding cash to ISA screenshot

  • You will then be taken to the page below
  • Select ‘Set up a regular contribution’ and the Direct Debit form will appear
  • Enter the amount, the frequency (monthly, quarterly, 6-monthly or annually), the start date, and how long you would like the contributions to continue for, then click ‘Continue’
  • Your regular contributions are then set-up

Setting up direct debit screenshot

  • Now you have set-up your regular contribution, you can set-up an automatic regular investment
  • Move your cursor over ‘Manage Investments’ and a drop down will appear as below
  • Click ‘Set Regular Investments’

setting up regular investment screenshot

  • You will then be taken to the page below
  • You can choose the investment(s) you would like to invest into by typing the name into the search bar, and clicking the basket icon in the relevant line to add it to your basket

Aberdeen Managed Distribution regular investment example

  • After you’ve chosen the investment(s) click the ‘My Basket’ button shown in the top left above, and you will be taken to the page below
  • Enter the start date, the frequency, when you want it to end, and the amount to allocate to the chosen investment(s)
  • Then click’ Confirm’ and the regular investment will be set-up. It’s that simple!

Screenshot of amount for regular investment

  • You are required to maintain a minimum cash balance of 2% of assets (subject to a minimum of £100 and maximum of £2,000)