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Sep 2020
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Our Top Picks for a Fund Supermarket ISA: September 2020

Our Top Picks for a Fund Supermarket ISA: September 2020

Are you shopping for a supermarket ISA? There is quite a lot out there, so it can be a bit overwhelming when you’re looking for the right deal for you. So we’ve broken down what you should be looking for, as well as our top picks for your Fund Supermarket ISA in September 2020. 

Are you shopping for a supermarket ISA? There is quite a lot out there, so it can be a bit overwhelming when you’re looking for the right deal for you. So we’ve broken down what you should be looking for, as well as our top picks for your Fund Supermarket ISA in September 2020.

What is a Fund Supermarket?

A Fund Supermarket ISA is an ISA which allows you to invest in a wide variety of different investments in one place.

Due to the ISA status of these accounts, you can invest up to £20,000 tax-free each tax year. The returns from this investment will be safe from the tax man, because an ISA is a tax-free wrapper.

What should I be looking for?

There’s quite a lot you need to consider when looking for a good fund supermarket ISA.

A good fund supermarket will offer:

  • Index-Tracker funds- An easy and popular way to invest that follows the performance of a particular stock market
  • Actively Managed funds - A good way to invest in a particular sector or region
  • 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)
  • Income funds - Invest in funds lending money to a government or company, in return for an agreed level of interest over a set period
  • Property fund – Funds that invest in commercial property
  • ISA and SIPP Tax wrapper options
  • Share dealing account options

Our Top Picks

Interactive Investor Stocks and Shares ISA

This is an award-winning ISA: and with it, you get a lot of control. It’s protected by FSCS and allows you to invest from £25 per month, or from £100 lump sum. It’s also very user-friendly, allowing you to open an account online in 10 minutes (or less). It offers low cost and trading fees in exchange for expert independent analysis of the market as well as investment ideas. They allow ISA transfers.

Fidelity Stocks and Shares ISA

This fund allows you to invest from £50 per month or with a £1000 lump sum. It offers a wealth of fund providers – over 100 providers, with over 2,000 funds to choose from. Their service fee is low (0.35% depending on investment) and is easy to maneuver with website guidance. They also offer access to useful tools to help first time investors get their head around the process.

Vantage Stocks and Shares ISA

This fund is FSCS protected and allows you to invest from as little as £25 per month, with a choice of over 2,500 funds for you to examine and chose between. It’s a very low cost option as well as being an award-winning option – making it a great choice for any investor. It is currently the UK’s number 1 platform for private investors, and is available from Hargreaves Lansdown.

AJ Bell Investment Fund ISA

This fund is a great option for someone looking to invest online. You can invest £25 per month, which makes this a low cost investment option. You’ll first need to open an account and then you’ll need to look at the funds. With this account you have plethora of funds to choose from: over 2,000. With so many accounts to choose from, it’s useful that AJ Bell have created a list of their favourite funds to help you choose the funds you want. 

Read more about Fund Supermarket ISAs

Investment Fund Supermarket ISAs

Stocks & Shares ISA

from Interactive Investor

ISA Option
Allows ISA Transfers
Regular Savings
  • Protection Scheme: FSCS
  • Fund Choice: Access 40,000+ UK, US and international shares on 17 global exchanges. Choose from over 3,000 funds or select a ready made portfolio. Investment trusts, ETFs, Bonds & Gilts. Option to invest in 6 low cost funds selected by experts to get you started. Capital at risk. Tax & ISA rules apply
  • Invest From: £25 a month or any lump sum

Why we like it: An award-winning ISA that gives you complete control. The second largest platform in the UK with the widest choice of investment options in the market including funds, investment trusts, ETF’s and more. Strong ethical investment proposition with more than 140 investment options. Open online in less than 10 minutes. Access to expert independent ideas and analysis. Low cost fees and trading.

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.

Stocks & Shares ISA

from Fidelity

ISA Option
Allows ISA Transfers
Regular Savings
  • Protection Scheme: FSCS
  • Fund Choice: Choose from over 4,000 investment options, including one of the widest fund ranges in the UK, plus shares, investment trusts and exchange-traded funds. There’s also expert guidance to help with your investment decisions, which includes a selection of tools and insights from Fidelity’s experts. Capital at risk. Tax and ISA rules apply.
  • Invest From: £25 through regular savings or £1,000 lump sum

Why we like it: Fidelity has lots of investment options, plus an extensive range of guidance tools to help you decide what to invest in. Their award-winning ISA is easy to start and offers great value, their a typical service fee of just 0.35%. Other ongoing charges apply. On top of that, everything is backed by Fidelity’s 50 years of investment experience.

Important: The value of investments can go down as well as up so you may get back less than you invest. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser.

Tax treatment depends on individual circumstances and all tax rules may change in the future.

Stocks & Shares ISA

from Hargreaves Lansdown

ISA Option
Allows ISA Transfers
Regular Savings
  • Protection Scheme: FSCS
  • Fund Choice: Choose from over 2,500 funds, shares, investment trusts and more to build your portfolio. UK and overseas shares. Corporate and government bonds. Exchange Traded Funds (ETFs). Ready-made portfolios to suit your goals and attitude to risk from £1,000. Expert research to help make your decisions. Investment trusts and much more. Capital at risk.Tax & ISA rules apply
  • Invest From: £25 pm or from £100 lump sum

Why we like it: Choose your own funds or alternatively a ready made portfolio. Market-beating savings and discounts of up to 5.5%. No charge to buy and sell funds. Low, tiered annual charges for holding funds, with a maximum of just 0.45% per annum. Free fund updates and analysis from experienced research team. Invest with a financially secure, FTSE 100 company.

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.

Stocks & Shares ISA

from AJ Bell

Allows ISA Transfers
  • 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.

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.

High Income ISAs

High income ISA ideas:

ISAs Products

Cash ISAs

Fixed Rate & Instant Access ISAs:

Cash ISAs: 

Stocks & Shares ISAs

Types of Stocks and Shares ISA include: 

Stocks and Shares ISAs

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