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Fund Supermarket ISAs /

High Yield Income Fund ISAs

High yield tax-efficient income payment on your investment or savings
If you are an income seeker who is looking for high yields, see below for a selection of funds that offer regular income payment options.
Selected ISAs

Fully Managed Stocks and Shares ISA

from Nutmeg

Allows ISA Transfers
  • Protection Scheme: FSCS
  • Fund Choice: Fully Managed and Fixed Allocation Portfolios
  • Invest From: Min. £500 single (+ £100 pm for ISAs below £5,000)

Why we like it: Get an intelligent stocks & shares ISA portfolio, easy, online set up in minutes. Capital at risk.

Stocks & Shares ISA

from Virgin Money

ISA Option
Allows ISA Transfers
  • Protection Scheme: FSCS
  • Fund Choice: Choice of six funds
  • Invest From: £1
  • Investment Options: Lump sums, regular savings and ISA transfers

Why we like it: Choice of five passively managed Funds give you easy access to different levels of risk and return. No need to spend time managing individual investments, it’s all done for you. Virgin Money’s passively managed Funds have an annual ongoing charge of 1%. Virgin Money also offers the Climate Change Fund. This only invests your money in hand-picked companies with strong environmental credentials. As it is more expensive to run, this Fund has a higher annual ongoing charge of 1.3%.
Remember, you may get back less than you invest. 

Investment Fund Supermarket ISAs

Vantage Stocks & Shares ISA

from Hargreaves Lansdown

Allows ISA Transfers
  • Protection Scheme: FSCS
  • Fund Choice: 2,500+ Funds
  • Invest From: £25 pm

Why we like it: Shelter up to £20,000 this tax year with the low cost, award-winning ISA. The UK's number 1 platform for private investors. 

Investment Fund ISA

from AJ Bell

Allows ISA Transfers
  • Protection Scheme: FSCS
  • Fund Choice: 2000+ Funds
  • Invest From: £25 pm

Why we like it: It is simple to invest in a fund online. You will need to open an account first and then choose the fund you are interested in investing in. There are over 2,000 funds to choose from but to make it easier for you AJ Bell have created their favourite funds list which is their pick of the best funds.

Stocks & Shares ISA

from Charles Stanley

Allows ISA Transfers
  • Protection Scheme: FSCS
  • Fund Choice: 1,500+ funds
  • Invest From: £50 per month or £500 single

Invest through an award winning FTSE company, with extensive research and analysis and competitive charges. Choose from a range of investments including shares, funds, gilts, bonds, investment trusts and ETFs.

What is a High Yield Income Fund ISA?

A high yield income fund ISA is a way of using your ISA allowance with an aim to provide you with a high yield tax-efficient income payment on your investment or savings. Income may be paid on a quarterly, semi-annual or annual basis, so you can choose an option to suit your savings goals.

High yield income fund ISAs offer the potential for higher income than from cash savings although you do need to be comfortable with the associated investment risk. To obtain the higher yield, fund managers will typically invest in lower grade bonds provided by companies where there is a higher risk of default.

You are permitted to invest all or part of your annual tax-free amount in to an investment ISA or in to a cash ISA. Alternately, you can divide your allowance between the two types of ISA as you wish

What Can a High Yield Income Fund Offer?

Investing in a high yield income fund ISA can offer:

Regular income - Many funds offer either monthly or quarterly income options. If you invest in an ISA, income can be distributed to you tax free. If you prefer, some funds allow you to accumulate the income within the fund by buying more units, in order to provide capital growth.

Diversification - a typical corporate bond fund will invest in at least 40 different institutions or more, reducing the risk to investors in the event of default by a bond issuer.

Potential for capital growth - this type of fund can provide capital growth at a lower level of risk than equity investment.

Fund manager expertise - Our Select Fund range of bond funds for income have been assessed by independent research company Morningstar OBSR and all feature at least a Gold or Silver rating.

Why Invest Through our Fund Supermarket?

There are several reasons why our Fund Supermarket might be right for you:

1.Low charges - Many of the funds available to you can be accessed at no initial charge. What's more, many annual management charges offer a discount of up to 0.20% per year.

2.Great choice of funds - Over 1500 funds to choose from including leading UK income fund managers such as Invesco Perpetual, Jupiter and Fidelity.

3.Manage your funds online - Our Fund Supermarket service provides you with online access so you can monitor your investment funds 24/7, wherever you are.

4.Customer Services Team - We are here to help you if you have any queries.

Can I Transfer Existing High Yield Income Fund ISAs into your Fund Supermarket?

Transfers are permitted and are straightforward to complete. Contact a member of staff for more details.

Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.

Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.

High Income ISAs

High income ISA ideas:

ISAs Products

Cash ISAs

Fixed Rate & Instant Access ISAs:

Cash ISAs: 

Stocks & Shares ISAs

Types of Stocks and Shares ISA include: 

Stocks and Shares ISAs

Latest News

How To Select The Best Junior Stocks & Shares ISA

15th February 2018

An ISA is an individual savings account that offers the chance for individuals to earn up to £20,000 tax-free interest.Not only can those who subscribe to an ISA benefit from tax-free interest from savings, but also enjoy the freedom to invest from their ISA and avoid paying tax on their returns.

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