Income fund ISAs give you the opportunity to invest your ISA allowance in plan that offers the maximum potential for regular income, without paying tax on any returns you make. Compare income fund ISAs using our Fund Supermarket and find out how you could save on charges.
James Caldwell, Director
|Fund Manager||Fund||Fund Manager Initial Charge¹||Your Saving||Saving On ISA²||AMC³||Income Yield*||Select Fund°||Fact Sheet||Apply Now|
|High Yield Bond||0%||4.50%||£480||6.1%||Factsheet||More Info >|
|Income Paid Monthly. The primary investment objective is to maximise total return(income plus capital) by investing in a portfolio of predominately high yield bonds, selected investment grade bonds and cash. The fund may hold sterling and other currency denominated bonds hedged back to sterling. The fund may also invest in deposits, money market instruments, derivative instruments and forward transactions. See latest fund factsheet for details.|
|Monthly Income Plus||0%||5%||£534||5.8%||Factsheet||More Info >|
|Income Paid Monthly. Popular income fund that aims to achieve a high level of income whilst seeking to maximise total return through investing in high yielding corporate and Government bonds, together with UK equities. See latest fund factsheet for details.|
|Asian Income||0%||4.00%||£427||5.4%||Factsheet||More Info >|
|Income Paid Quarterly.The objective of the Sub-Fund is to achieve income together with long-term capital growth predominantly through investments in securities in Asia Pacific ex Japan (including Australia & New Zealand) region. The Sub-Fund may also invest in collective investment schemes. See latest fund factsheet for details.|
|Income||0%||5.25%||£560||4.3%||Factsheet||More Info >|
|Income Paid Twice Yearly. This fund aims to provide an increasing income and capital growth from investing mainly in ordinary shares, preference shares, convertible bonds and fixed-interest securities in the UK. We will not be restricted in our choice of investments, either by the size of the company, the industry it trades in, or the geographical split of the portfolio. See latest fund factsheet for details.|
|Merlin Income Portfolio||0.48%||4.77%||£509||3.5%||Factsheet||More Info >|
|Income Paid Quarterly. To achieve a high and rising income with some potential for capital growth by investing predominantly in unit trusts, OEICs, Exchange Traded Funds and other collective investment schemes across several management groups. The underlying funds invest in equities, fixed interest stocks, commodities and property, principally in the UK. See latest fund factsheet for details.|
|Global Dividend||0%||4.00%||£427||3.4%||Factsheet||More Info >|
|Income Paid Quarterly. The Fund aims to deliver a dividend yield above the market average, by investing mainly in a range of global equities. The Fund aims to grow distributions over the long-term whilst also maximising total return (the combination of income and growth of capital). See latest fund factsheet for details.|
|Optimal Income||0%||4.00%||£427||2.8%||Factsheet||More Info >|
|Income Paid Twice Yearly.The fund aims to provide a total return to investors based on exposure to optimal income streams in investment markets. The fund invests across a broad range of fixed income assets according to where the fund manager identifies value. See latest fund factsheet for details.|
*Current Income Yields are Gross, Variable and Not Guaranteed as at 17/10/13 - Yields are rounded down to one decimal place - See latest Fund Factsheet for details.
¹The Initial Charge after 100% of the Fair Investment Company Charge has been rebated as well as any fund manager discounts we can pass on to you if applicable.
²Based on 2011/12 ISA allowance of £10,680.
³AMC is the Annual Management Charge applied by the Fund Manager. By using our Fund Supermarket we can rebate up to 0.20% of the AMC back to you. This rebate is paid into a cash account which is set up for you when you first invest.
°Select Fund - See how our funds are selected
Bonds: To provide the potential for overall returns these funds invest in bonds, also known as fixed interest securities. This is achieved by receiving regular interest on loans to companies or governments. There is a chance the bond issuer could fall into financial difficulty and will not be able to pay the interest or the loan back, which could result in a fall in your investment returns. Bonds can also be sensitive to trends in interest rate movements and if interest rates go up, the returns on your investment are likely to fall as bonds can become less attractive. On the other hand, if interest rates fall, bonds are likely to become more attractive and your investment returns increase.
Income fund ISAs offer you the flexibility to make the most of your ISA allowance in a way that suits you - choose from income funds that invest in equities or funds that invest in corporate bonds. If you're looking to earn an income from your investment, there's a wide range of income fund ISAs to choose from. These can help you to reach your personal investment goals. Compare the latest income fund ISAs in the table above to find the right one for you.
An income fund ISA is a way of using your ISA allowance with the aim of providing you with a regular 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. Your ISA allowance for 2013/14 is £11,520 per person. You are permitted to invest all or part of this amount in an investment ISA, or up to £5,760 in a cash ISA and the remainder in stocks and shares.
Yes, this is straightforward. Request our Fund Supermarket brochure pack for more details.
See the tables above to compare a range of income fund ISAs available through ISA.co.uk and utilise your 2013/14 ISA allowance.
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.