Silo is an intelligent save and invest app that effortlessly saves and invests whilst you live your life.

Step 01

Create a Silo account and connect to your bank account

This will take no more than fifteen minutes. We’ll need to ask you a few  questions designed to ensure that Silo is suitable for you, before getting you started.

Step 02

Start saving with a monthly contribution of your choice

There are a number of ways to save and invest with Silo, and you don’t need a lump sum to get started. You’ll just have to commit to contributing a minimum of £25 a month.

Step 03

Allow Silo to work its magic while your money is invested by experts

You will be matched to a plan that suits you, and the money Silo saves will be invested into this plan on your behalf. Your investments are managed by the award-winning team at Killik & Co and are accessible at any time.

Step 04

Watch your savings take shape as your investments gain momentum over time

Investing is a way to make your money work harder. The longer you can leave your investments untouched, the better chance they have to ride out the inevitable ups and downs of the market, and benefit from the power of compounding.

What are the fees?

 

There are two separate fees that apply to Silo which we have called fee A and fee B. Together these make up total cost of investing via Silo.

 

Fee A. This powers Silo and the team at Killik & Co who select the investments within your plan. This fee is £1 per month until you have £2,000 saved, then we charge 0.75% of the total amount invested yearly.

 

Fee B is automatically deducted from the value of your investments by the fund managers managing the individual funds within your plan.

How is my money invested?

The money you save within Silo will be invested into one of five investment plans. Each plan is made up of a number of different investment funds, which in turn are made up of a blend of individual investments, such as bonds and equities. Silo is a managed service, meaning that we will determine the most suitable investment plan for you based on a number of factors, including things like your attitude to investing and individual circumstances.

The underlying investments within in each plan are managed and selected by the award-winning Fund research team at Killik & Co. To ensure we can offer the best possible investments, whilst still keeping overall costs low, each plan is invested in to a mixture of both Active and Passive funds. Actively managed funds are those where a fund manager or research team, makes ‘active’ decisions about how and when to invest the fund’s money, for example choosing to invest into Amazon or into Apple. A passively managed fund on the other hand, would usually follow or ‘track’ an entire market index, such as the FTSE 100 or the S&P 500. Because Passive or ‘tracker’ funds don’t need a large management team to make day-to-day investment decisions, the costs are typically a lot lower than Actively managed funds.

Led by Killik & Co’s award-wining team, you can be assured of a well-diversified portfolio that selects from the best funds in the market place, and incorporates some of the world’s leading asset managers.