The fee for the first £50,000 invested is 0.65%, for between £50,000 and £250,000 the fee is 0.35% and for more than £250,000 the fee is 0.10%.
With the 0.25% ETF cost added on, the TCO for the five portfolios is 0.90%, 0.60% and 0.35% respectively.
Peter Hetherington, group CEO, said he believed IG had created a best-in-class offering for investors looking for a digital wealth management at a low cost.
He said: “The launch of IG Smart Portfolios is an important step in the development of our investments offering.
“We see a huge opportunity in online investing, with strong demand from investors for online solutions and transparent fees.”