Compare Fund Supermarket ISAs

Using A Fund Supermarket

Finding the right fund service can be daunting. There are many things other than price to consider. It can range from, whether your chosen broker have the investment options you require to finding a broker that will also provide advice and support when choosing funds. Some providers are more flexible than others. 

Additionally, keep an eye out for account fees, high currency conversion costs or commission rates.

What is on Offer?

A good fund supermarket will offer:

1. Index-Tracker funds- An easy and popular way to invest that follows the performance of a particular stock market
2. Actively Managed funds - A good way to invest in a particular sector or region
3. Multi Asset funds- A range of funds that invest in other funds (a fund-of-funds) or funds where assets are made up of a portfolio of company shares, bonds and cash (a mixed investment range)
4. Income funds - Invest in funds lending money to a government or company, in return for an agreed level of interest over a set period
5. Property fund – Funds that invest in commercial property
6. ISA and SIPP Tax wrapper options
7. Share dealing account options

How much can I Invest in a Fund Supermarket ISA?

Each year every eligible person gets an ISA Allowance, and you are permitted to invest all or part of this amount in an investment ISA or a cash ISA or one of each, as long as you do not exceed the limit. 

Many people are turning towards investing in light of the ever falling interest rates offered by banks. While there are risks involved, you can generally expect a good rate of interest on your investments. You also won’t pay personal or capital gains tax on the income or profit your investment earns

As with any investment, there are some risks involved. Your investment and income from it may fall as well as rise and profit is not guarantees, it is possible to get back less than you invest. It’s generally recommended that you investment for a medium to long, ideally five years.