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DIY Investment ISA

What is a DIY Investment ISA?
Investment Fund Supermarket ISAs

Stocks & Shares ISA

from Hargreaves Lansdown

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose from over 2,500 funds, shares, investment trusts and more to build your portfolio. Capital at risk.
  • Invest From: £25 pm

Stocks & Shares ISA

from Fidelity

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose from over 4,000 investment options, including one of the widest fund ranges in the UK. Capital at risk.
  • Invest From: £25 pm

Stocks & Shares ISA

from Interactive Investor

Allows ISA Transfers
Regular Savings
  • Fund Choice: Access 40,000+ UK, US and international shares on 17 global exchanges. Choose from over 3,000 funds. Capital at risk.
  • Invest From: £25 pm
Share Dealing ISAs

Share Dealing ISA

from AJ Bell

Allows ISA Transfers
  • Trade From (frequent trader rate): £4.95
  • Trade From (standard trader rate): £9.95
Selected ISAs

Stocks & Shares ISA

from Nutmeg

Allows ISA Transfers
  • Fund Choice: Nutmeg offer 4 diversified portfolios with ETFs, using technology to keep charges low. Capital at risk.
  • Invest From: Min. £500 single

What is a DIY Investment ISA?

A DIY Investment ISA allows you to take control over what you invest in.

Different platforms offer different levels of control.

Some platforms give you the freedom to choose from a range of funds to make up your ISA investment. E.g. Legal & General offer 50 funds within their portfolio all with different objectives and risk profiles.Barclays offer a similar offering.

So if you are inclined to invest for income or growth or you want to pick only funds that invest in companies that have been ethically screened then you can have that choice.

Going deeper some fund platforms offer you complete control so you buy individual company shares and bonds. These platform providers include Hargreaves Lansdowne and AJ Bell.

What to Consider when choosing a DIY ISA provider?

  • What are the charges? Choosing active management of your investments isn’t always cheaper than DIY: there are some price advantages to trading in scale. You need to be looking at annual administration charges, dealing fees, and any other costs, including exit charges.
  • How much are you investing? Platforms that charge flat-rate fees work better for large investors with £50K or more in their portfolios.
  • What kind of tools does the platform offer? Many investors are prepared to pay a bit more in fees for a platform that offers really useful apps and services.
  • Do you want to be able to invest in independent funds, or are you happy investing via a fund manager such as Legal & General that offers just its own funds?
    • Platforms such as Nutmeg, Shepherds Friendly and Scottish Friendly offer their own funds as well as managed portfolios including other products.

Some ISAs require large minimum deposits whereas some don’t. Make sure you find one that suits your needs 

Investment ISA

An Investment ISA is a tax-efficient and flexible way to invest in the market.

Features:
  • Options to put away a little money each month or investing some spare cash, you could possibly receive a higher return on your savings when compared with a standard ISA
  • Many accounts now offering managed collective investment portfolios for you, it is now easy for people to begin investing as no experience is required. This also works for very busy people
  • It’s always worth remembering however, that there is an element of risk involved and you could end up with less than you originally invested. Investment ISAs are viewed as a long term investment, usually for a minimum of 5 years.

What to Consider when Choosing a Stocks and Shares Provider?

  • Assess the level of risk you’re willing to take, most providers can filter assets depending on the level of risk you’re willing to take or even provide you with a ready-made portfolio
  • Low risk investing tends to focus on bond funds which pay interest or dividends regularly, whereas higher risk portfolios tend to focus on property investment and the stock market
  • Some providers hold a limited amount of carefully selected options to invest in whereas others have a much larger range of funds. Work out which is right for you
  • Some providers have a simple interface with clear copy about each investment and its past performances. Make sure you find one that you find easy to use, helpful and clear
  • Be careful of management charges and account fees. All investment ISAs have some form of charge, whether that’s a trading fee or an account management fee. Make sure you know how much your ISA will be costing you before you invest
  • Providers often let you hold cash in your account, ready to invest whenever you choose. You can even earn interest on that money so make sure your potential provider offers this if you think you may need this option

5 Shares For Your 2021 ISA – Free Guide

Investment inspiration for this year’s ISA allowance.

It’s looking more and more likely we’re past the worst of the pandemic.

For five shares that could be worth a look in this context, download a FREE factsheet to discover Hargreaves Lansdown’s experts’ latest picks.

They include:

  • One of the world’s largest mining companies
  • A social media giant eyeing digital dominance
  • An intriguing ‘boring’ stock

Request Hargreaves Lansdown FREE guide »

Important Risk Information:

The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website aims to provide information to help you make your own informed decisions. It does not provide personal advice based on your circumstances. If you are unsure of how suitable an investment is for you, please seek personal advice.

Lifetime ISAs

Save for your first home and retirement

Compare Lifetime ISAs

Junior ISAs

Invest for your child’s future

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Stocks & Shares ISAs

Invest tax-free in stocks and shares 

Compare Stocks and Shares ISAs:

Latest News

5 Considerations for Your Next Investment ISA

15th March 2021

You've decided to invest your savings into a Stocks and Shares ISA. You'll be using your tax-free ISA allowance for this year before the deadline, while also investing your money for your future. But what do you need to consider before opening an account? We've put together a list of our top five considerations for you to think about before you click "apply". 

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