What’s the All Out Equity Fund?

The All Out Equity is managed by Vanguard. The Fund invests only in equities and doesn’t invest in bonds, property or commodities like gold or silver.

What are equities?

Equities are a fancy way of saying ownership of a company. Think of the company like Apple. To raise money so it can invest in new technology and designs, it splits itself up into tiny pieces which can be bought by people on the stock market. Each piece is what is known as a share. The All Out Equity Fund buys some of those pieces in Apple and companies like Apple.

Is the All Out Equity Fund a higher risk level than Nosso’s Cautious, Moderate and Adventurous Funds?

Yes. As the Fund only buys companies shares it has a higher risk level than the other Core Funds which invest in bonds as well as companies shares. As its higher risk, the potential returns are higher than the other Core Funds, but so too is the downside. This means the value of your investments could go up more or down more.

I’m an existing Nosso customer, how do I select the All Out Equity Fund?

Easy. You simply click on your Goal and then click Performance. On the Performance page you will see a link to change “risk level” which will allow you to then select the All Out Equity Fund.

Can I pick the All Out Equity Fund with or without Theme investments?

Yes. You can either pick the All Out Equity Fund by itself or with a Theme or combination of Themes.

What is the cost of the All Out Equity Fund?

The fund costs 0.20% per annum. This means for every £100 invested you’ll pay 20p to Vanguard who manage the fund. The fund costs are separate to our platform fee which is 0.5% per annum.

Do I need to do anything now that Nosso has an All Out Equity Fund?

Nope. You don’t have to do anything, unless you choose to do so. We’ve added the All Out Equity Fund to our product range to give you a greater choice when picking your investments.

Is my money still protected with Nosso?

Nothing has changed about how your money and investments will be held, they’re still held with WealthKernel who act as custodian for our customers' money. They hold your cash and investments separately from their own (ring-fenced) in accordance with the FCA's client asset rules, so even if Nosso went into administration, our creditors would not have a claim to your investments. On top of this, your money may also be covered up to £85,000 by the UK Financial Services Compensation Scheme (FSCS) if WealthKernel went into administration. Note: this does not cover drops in the value of your investments.