Fidelity Moneybuilder Income ISA
Compare The Very Latest Income Funds For Your ISA.
Investment ISAs put your capital at risk & you may get back less than you originally invested
- Fund Choice: Popular corporate bond fund that pays a monthly income. Manager Sajid Vaid believes investment grade (high quality) company bonds may be the ‘sweet spot’ in the fixed income market, delivering modest income while keeping risks in check. Capital at risk.
- Invest From: £25 pm
Why we like it: A fund with a conservative approach to bond investing. The focus is on quality companies that are in good financial health and generate enough cash to keep paying bondholders. Aims to provide a relatively steady income and a small amount of growth, without taking excessive risks. It could help diversify a portfolio focused on shares, or be used as a way to limit volatility during tougher times for stock and bond markets.
- Fund Choice: High income yield fund suitable for long term investors drawing regular monthly income from their portfolios. Capital at risk.
- Invest From: £25 pm
Why we like it: If you are looking for a high income yield this fund is suitable for long term investors drawing regular income from their portfolios. With a focus on high yield bonds and shares, the fund manager is an experienced bond investor who has a flexible approach to seeking out the best income opportunities.
- Fund Choice: This fund portfolio is designed to achieve high and rising income by investing globally, primarily in equities, in any economic sector whilst participating in long term capital growth. Capital at risk
- Invest From: £25 pm
Why we like it: JP Morgan Asset management is one of the worlds largest and best known brands in investment management. The aim of this fund is to achieve high and rising income by investing globally primarily in equities in any economic sector whilst participating in long term capital growth.
- Fund Choice: HL blend their favourite equity income funds to provide investors an investment which aims to deliver long term returns & reliable monthly income. Capital at risk.
- Invest From: From £25
Why we like it: The Hargreaves Multi Manager High Income fund aims to deliver a high monthly income to clients by blending different types of funds and moving between different areas of the market when more attractive opportunities emerge. HL also aim to grow this income payment over time and therefore may invest in higher risk smaller companies they believe offer great potential for long term capital growth.
- Fund Choice: Aims to provide a dividend yield above the FTSE All-Share Index. Invests in UK equities judged to offer high yield, above average prospects of dividend growth and long-term capital growth. Income paid twice yearly. Capital at risk.
- Invest From: £25 pm
Why we like it: Getting paid a regular income is a priority for many investors. Whether you’re in retirement, or want to boost your existing income, an equity income fund could be right for you. Even if you do not need income now, you can opt to reinvest it to boost capital growth. An emphasis on dividends and dividend growth makes this fund a more traditional UK equity income fund, in our view, so it could help form the foundation of an income portfolio.
- Fund Choice: The fund aims to pay an attractive quarterly income and grow your investment by investing in shares of companies based in Asia & the Pacific region. Capital at risk.
- Invest From: £25 pm
Why we like it: If you are looking to access Asia’s exciting growth potential along with a regular income this fund may be for you. Focuses on larger, dividend-paying companies in developed Asian markets, including Hong Kong, Singapore and Australia. Invests in a small number of companies so each can contribute a lot to performance, which can increase risk. The fund aims to pay an attractive income and grow your investment. A focus on companies that tend to be more stable could help the fund fall to a lesser extent than some others when markets are weak. Jupiter has grown to be one of the UK’s most successful and respected investment management groups.
Show MoreFidelity Moneybuilder Income ISA
The Fidelity Moneybuilder Income fund is a favourite fund for both Hargreaves Lansdown & perhaps not so suprisingly the Fidelity fund platform.
The fund invests in “investment grade bonds” which are issued by companies that have a high likelihood of being able to repay their debts. As the risk to investors is lower than other corporate bond funds this is reflected in a lower historic annual yield. the fund offers an attractive alternative to cash with interest rates so low currently.
The Moneybuilder income fund pays monthly income which is attractive to investors and within an ISA income payments are not subject to personal income tax.
Can I Transfer My Current Stocks and Shares ISA To The Fidelity Moneybuilder Income Fund?
Yes.
If you are currently invested with another provider in a Stocks & Shares ISA the good news is that you can transfer relatively easily into the Fidelity Moneybuilder Income Fund.
If you do this via a platform such as Fidelity or Hargreaves Lansdown they can do this for you. Simply sign up for an ISA account and follow the simple instructions to get this actioned.
Buying the Moneybuilder Income Fund Via The Fidelity Platform
You can invest in this fund via a range of platforms – We have highlighted the Fidelity Platform:
Features:
- One low cost service fee, typically 0.35% on the investments you hold with them. However, ongoing fund charges do apply
- Flexibility, they allow you to hold cash as well as investments. This means you can hold your money in cash if you are concerned about the market’s prospects. Providing a safer option until you’re ready to invest
- 24/7 access using their online Account Management system, and mobile app
- A wide range of investment options as well as tools to help you find the right funds for you
- Excellent customer service, including a UK-based contact centre and through investment guidance on their website
- You can get started with a minimum of £50 per month or £1,000 lump sum
Fidelity do not offer a ‘flexible’ ISA so any subscriptions that you make will count towards the annual limit. The amount subscribed will not be reduced if you make a subsequent withdrawal.