TILLIT Review: Investing with Select Funds and Simple Fees

Investing in today's market can be complex and overwhelming, especially for retail investors seeking a simplified approach. TILLIT, a UK-based investment platform, aims to bridge this gap by offering a streamlined and user-friendly experience. Founded by Felicia Hjertman, TILLIT stands out for its curated selection of funds, transparent fee structure, and commitment to making investment accessible to everyone.

What is TILLIT?

TILLIT is an investment platform tailored for both seasoned and novice investors who want greater control over their portfolios. It offers two primary account types: a Stocks & Shares ISA and a General Investment Account. With a focus on empowering its users, TILLIT provides a DIY approach to investment management, allowing investors to choose from a carefully curated selection of funds, including investment trusts and ETFs.

Key Features of TILLIT:

• Curated Fund Selection: TILLIT offers a diverse range of high-quality funds, carefully selected by industry professionals. These include options across different asset classes, geographic regions, and investment styles, ensuring that investors have access to the best opportunities.
• User-Friendly Platform: The platform is designed to be intuitive and easy to navigate, with straightforward, jargon-free information that makes it accessible even to those new to investing.
• Sustainability and Growth: TILLIT is committed to sustainability, offering funds that focus on environmental, social, and governance (ESG) factors, alongside traditional growth-oriented options.
• Transparent Fees: TILLIT's fee structure is clear and simple, starting at 0.40% annually and decreasing to 0.25% over time, with no hidden fees.

Why Choose TILLIT?

TILLIT’s strength lies in its dedication to diversity, performance, and sustainability. By offering a broad spectrum of funds, TILLIT allows you to choose investments that align with your goals and risk tolerance. Here’s why you might consider TILLIT for your investment needs:

User-Friendly Interface

Navigating investment platforms can often be daunting, but TILLIT makes the process smooth and intuitive. The platform's clean design and straightforward information help you manage your investments with ease. Whether you're an experienced investor or just starting, TILLIT provides the tools and resources needed to make informed decisions.

Comprehensive Financial Tools

TILLIT equips you with a suite of financial tools designed to support your investment journey. These include performance charts, risk indicators, and detailed fund information, all aimed at helping you make better investment decisions. The platform also features a portfolio builder, allowing you to create a diversified portfolio tailored to your financial goals.

Exceptional Customer Support

TILLIT’s customer service is highly regarded, offering timely and helpful responses to your queries. Whether you need assistance with account management or have questions about specific funds, the support team is there to guide you every step of the way.

Commitment to Sustainability

In an era where sustainable investing is increasingly important, TILLIT stands out by offering a selection of funds focused on ESG factors. This commitment not only helps you grow your wealth but also contributes to a greener, more sustainable future.

How TILLIT Works

TILLIT’s approach to investing is rooted in simplicity and quality. The platform offers a curated selection of funds, meticulously chosen by industry professionals. This rigorous selection process ensures that you have access to top-performing funds that span various asset classes and investment styles.

Investment Options

TILLIT offers a wide range of investment options to meet diverse needs:

• Sustainable Funds: For those interested in responsible investing, TILLIT provides funds that focus on environmental and social impact.
• Growth Funds: These are designed for investors seeking long-term capital appreciation.
• Government Bonds: Ideal for those looking for more stable, fixed-income investments.

“Dark Universe” Feature

One of TILLIT's standout features is the “Dark Universe,” which allows investors to transfer funds not typically offered on the platform. This feature gives you more flexibility and control over your investment choices, even if those funds fall outside TILLIT’s usual offerings.

Tools and Resources

TILLIT enhances the user experience with a range of tools, including instructional videos, performance tracking, and detailed fund insights. These resources are designed to empower you to make informed decisions, regardless of your level of experience.

TILLIT Account Options

TILLIT offers several account types to cater to different investment needs:

Stocks and Shares ISA

TILLIT’s Stocks and Shares ISA provides a tax-efficient way to grow your wealth. With a wide selection of funds, you can build a diversified portfolio that aligns with your financial goals. Key features include:

• Diverse Investment Choices: Access to a range of funds, including sustainable options, growth funds, and government bonds.
• Tax Benefits: Enjoy tax-free growth on your investments within the ISA limits.
• User Experience: The platform’s intuitive design and helpful resources make managing your ISA straightforward.

General Investment Account

TILLIT’s General Investment Account (GIA) offers flexibility and freedom for investors. It’s a versatile option for those looking to explore various investment strategies without the constraints of an ISA. Benefits of the GIA include:

• Flexible Investment Options: Choose from a wide range of funds to tailor your portfolio.
• Comprehensive Tools: Utilize TILLIT’s resources for asset allocation and portfolio construction.
• No Investment Limits: Unlike an ISA, a GIA doesn’t have annual contribution limits, offering more freedom in managing your investments.

Self-Invested Personal Pension (SIPP) - Coming Soon

TILLIT is set to launch a Self-Invested Personal Pension (SIPP) soon, which will offer a powerful tool for retirement planning. The SIPP will provide:

• Investment Flexibility: Control over where your retirement funds are invested.
• Tax Efficiency: Take advantage of the tax benefits associated with pension contributions.
• Portfolio Diversification: Access to a broad range of investment options to spread your risk and maximize returns.

TILLIT Fee Structure

TILLIT’s fee structure is designed with transparency and simplicity in mind. The platform charges a single annual fee starting at 0.40%, which decreases by 0.01% each year until it reaches 0.25%. This fee is calculated based on the total assets in your account, including both cash and investments. Importantly, there are no trading, transfer, or exit fees, which helps to keep your costs predictable and manageable.

Additional Fees

While the primary platform fee is straightforward, it’s important to note that individual fund fees, stamp duty, and the Panel of Takeovers and Mergers (PTM) levy may apply. However, TILLIT’s commitment to transparency ensures that these costs are clearly outlined, allowing you to make informed decisions.

Who is TILLIT For?

TILLIT is an ideal platform for investors who prioritize quality and simplicity in their investment experience. Whether you’re a novice investor looking for an easy-to-use platform or an experienced investor seeking a curated selection of top-performing funds, TILLIT caters to a wide range of needs.

Ideal Users:

• Expertise Seekers: TILLIT is perfect for investors who value expert insights and a quality-driven investment experience.
• New and Experienced Investors: With its intuitive interface and comprehensive resources, TILLIT is suitable for investors at all levels.
• Simplicity and Performance Enthusiasts: The platform’s user-friendly design and focus on high-quality funds make it an attractive option for those seeking a straightforward investment journey.

Customer Reviews

TILLIT has garnered positive feedback from its users, particularly for the following aspects:

• Outstanding Fund Performance: Users praise TILLIT for offering funds with a strong track record of performance.
• User-Friendly Experience: The platform’s smooth and intuitive interface is highly appreciated by users, making their investment journey hassle-free.
• Diverse Portfolio Options: TILLIT’s broad selection of funds across different asset classes allows for effective portfolio diversification, which users find beneficial.
• Strategic Investment Guidance: TILLIT’s personalized insights and carefully selected funds provide valuable guidance, helping users make informed investment decisions.

Conclusion

In a world where investing can often feel overwhelming, TILLIT simplifies the process by offering a user-friendly platform, transparent fees, and a curated selection of funds. Whether you're a beginner or an experienced investor, TILLIT provides the tools and resources needed to make informed and strategic investment decisions. With its commitment to sustainability, growth, and customer support, TILLIT stands out as a reliable and trustworthy partner in your investment journey. Capital at risk