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Hargreaves to consider trial period with no exit fees

MO: Who is your typical customer?

IG: “We try not to have a typical customer. There are clients with £20 up to £20 million on the platform. The average is £70,000, with 55 per cent in funds and 30 per cent in shares. The rest is in a mix of cash and investment trusts or exchange traded funds. 80 per cent of our customers have less than £100,000. By number it’s small investors but there are also investors with substantial amounts of money.”

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