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.
Why we like it: The Legal & General High Income Trust is designed for investors looking for income or growth from an investment in bonds. To see more information about this fund go to the L&G website and select "Pick your Own Funds". You can invest up to £20,000 this tax year, with a low minimum of £100 lump sum or £20 per month, and you can manage your account easily online.
Important: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.
*Underlying yield as at June 2019
Why we like it: The Legal & General Dynamic Income Bond is designed for investors seeking income from a specialised investment which can form part of their existing savings portfolio.. To see more information about this fund go to the L&G website and select "Pick your Own Funds". You can invest up to £20,000 this tax year, with a low minimum of £100 lump sum or £20 per month, and you can manage your account easily online.
Important: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.
*Underlying yield as at June 2019
Calculate your interest with this plan
Why we like it: The Legal & General Managed Monthly Income Trust is designed for investors looking for income or growth from an investment in bonds. To see more information about this fund go to the L&G website and select "Pick your Own Funds". You can invest up to £20,000 this tax year, with a low minimum of £100 lump sum or £20 per month, and you can manage your account easily online.
Important: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.
*Underlying yield as at June 2019
- 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.
Important: The value of your investments can rise as well as fall. You may get back less than you invested. If you’re unsure, we recommend you ask for independent advice.
- 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.
Important: The value of your investments can rise as well as fall. You may get back less than you invested. If you’re unsure, we recommend you ask for independent advice.
- Protection Scheme: FSCS
- Fund Choice: 2,000+ Funds
- Invest From: £50pm
Why we like it: Invest from as little as £50 a month or with a £1,000 lump sum. Investment choice from over 100 fund providers, giving you access to 2,000+ funds. One low-cost service fee of 0.35%*. Great service – from investment guidance on website through to UK-based phones team. PathFinder, Select 50, Investment Finder - investing tools for beginners to advanced investors. 24/7 access via online Account Management system.
Important: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.
Important Information: * depending on how much you have invested