fbpx

Frequently Asked Questions

Find answers to our most frequently asked questions

Clim8 Invest’s purpose

Our mission is to have a positive impact on climate change, by moving billions of pounds of investments out of fossil fuels and into clean energy and truly green, sustainable companies.

Our platform aims to provide a simple way to invest in multi-asset portfolios (shares and bonds), with a focus on sectors that we believe will play a significant role in tackling climate change, including clean energy, clean technology, sustainable food, clean water, smart mobility and recycling.

What products do you currently offer?

We currently offer two main investment products: General Investment Account, GIA, and Stocks and Shares ISA. We’re working to add more products and functionalities to our app, which you see in our public roadmap.

Are there eligibility criteria for opening an account?

You need to be 18 years of age or older and be a UK resident to open an account.

What happens if I have moved abroad, outside the UK?

If you have moved abroad outside the UK, and you are no longer paying tax within the UK, you can open a GIA with us provided you hold a UK bank account and passport as well as reside within EEA countries. You can also combine/transfer any current ISAs you have with other providers from previous tax years (not the current tax year) but cannot pay into an ISA for tax years when you reside outside of the UK. 

How do I open a Clim8 Invest account?

You can download our app from Apple Store or Google Play, sign up in a few minutes and start investing sustainably! In order to open an account, you need to be 18 years of age or older and be a UK resident.

Do you have a web app?

At the moment, we only have an app for mobile devices (available for both Apple and Android users). You can see in our public roadmap all the product features and functionalities we’re working on.

Do you give financial advice?

We do not give financial advice. We do assess the suitability of our services for your circumstances and needs as well as your attitude to risk and capacity for loss. In order to do this, we’ll ask you some questions to understand your experience, knowledge, objectives and risk appetite. We then use this information to create an investor profile and align you to a portfolio that’s tailored by our experts.

Who is WealthKernel?

Clim8 Invest is an appointed representative of WealthKernel Ltd, who is authorised and regulated by the Financial Conduct Authority (FCA) (FRN 723719). Customer money is protected by the Financial Services Compensation Scheme (FSCS) for up to £85,000 of the amount invested via Clim8. This doesn’t cover losses incurred through investment performance or if you get back less than you originally invested. 

WealthKernel is also the custodian of the portfolios, where the investments in your portfolio will be held. The role of a custodian is to hold customer assets for safekeeping in order to minimize the risk of their misappropriation, misuse, theft, or loss. 

With investing, your capital is at risk. For illustrative purposes only and does not constitute investment advice.
Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.

Customer support

Still need help? Contact our customer support team support@clim8invest.com