Investment ISAs put your capital at risk & you may get back less than you originally invested.
Index tracker investment funds have become increasingly popular due to increased awareness of investment costs associated with active managed funds over time which do not always perform better.
Over the last decade the costs of investing in tracker funds have come down considerably. It makes sense to shop around to find the right tracker fund for you.
As ISA accounts can only be held by individuals you cannot open a joint index tracker fund ISA account.
Your investments will go up and down in line with the index that they track, and so you could lose money in an index tracker ISA.
You can transfer either a Cash ISA or another Stocks and Shares ISA into an index tracker fund ISA. You will need to complete a transfer form with your new ISA provider to do this.
You can open an index tracker fund ISA online, over the telephone or by post.
You will need to add money to open your account, either by debit card payment or via a Direct Debit contribution.
You can contribute up to £20,000 to an index tracker ISA in the 2023/24 tax year. Your annual allowance refreshes each tax year.
Capital at risk. Tax treatments depend on your individual circumstances and may change. 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.
