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Compare Legal & General Tracker ISAs With The UK Market

Index tracker funds are a great choice for investors who are seeking well diversified investment at low cost.

An index tracker will seek to replicate a particular stock market by closely tracking performance. The fund will typically buy all the company shares in the index. This is different to actively managed funds where a fund manager tries to outperform the index.

Selected ISAs

FTSE 100 Tracker Fund ISA

from Legal & General

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: Tracks FTSE 100 Index
  • Invest From: £50 pm
  • Investment Options: Invests in shares of the 100 largest companies listed on the London Stock Exchange.

Why we like it: A low cost way of looking for capital growth by tracking the 100 most capitalised mature companies listed on the London Stock Exchange.  No initial charges. 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. 

This fund is available via Hargreaves Lansdown - they are currently offering a 0.40% discount off the standard ongoing fund charge so you will actually pay 0.06% pa if you invest via their fund platform.

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.

FTSE Global Technology Index Fund ISA

from Legal & General

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: Tracks FTSE World Technology Index
  • Invest From: £20 pm
  • Investment Options: Invests in the shares of global companies engaged in information technology activities e.g. Microsoft and Apple, as represented by the Index.

Why we like it: A low cost way of investing in shares of global companies engaged in information technology activities, as represented by the FTSE World Technology Index. 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. 

This fund is available via Hargreaves Lansdown

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.

Ethical Trust

from Legal & General

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: Tracks FTSE 350 Index Excluding Shares Of Companies That Don't Meet Ethical Guidelines
  • Invest From: £25 pm
  • Investment Options: The objective of this fund is to provide growth by investing in a portfolio of companies whose business meets a range of ethical and environmental guidelines.

Available via Hargreaves Lansdown Fund Supermarket this is a low cost tracker  fund with a 0.25% pa annual charge.The fund will invest almost entirely in company shares. These shares will be from companies in the FTSE 350 Index whose business meets the ethical and environmental guidelines of the fund. The amount of shares held from each company will be in proportion to the company's size. However, no one company can make up more than one tenth of the fund's value. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income with no, or an acceptably low, level of risk.

Please note the value of investments can go down as well as up so you may get back less than you invested. 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.

L&G Tracker Fund ISAs

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.

Why Invest In A Index Tracker Fund Within An ISA?

Some things to consider include:
  • Are you looking for a UK tracker fund - Tracker funds in the UK typically follow the FTSE 100 or the FTSE All-Share. 
  • Can I invest in an international tracker fund - You can also buy tracker funds that follow European, US and Far East indices.You can also get tracker funds that track global indices.
  • Are there ethical tracker funds? - Some fund providers offer indices that track indices where companies are excluded that do not meet certain ethical and environmental guidelines. e.g. Legal & General Ethical Trust tracks the UK FTSE 350 excluding shares or companies that do not meet certain ethical standards.
  • Charges - The lower the better. the good news is that unlike managed funds most tracker funds have no initial or exit fees.For international trackers you may have to pay a bit more.
  • Some providers have a simple interface with clear copy about each investment and its past performances. Make sure you find one that you find easy to use, helpful and clear

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.

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.

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Stocks & Shares ISAs

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Stocks and Shares ISAs

Latest News

Investment ISA Pros and Cons

7th August 2020

The tax-free returns offered by an Investment ISA (otherwise known as a Stocks and Shares ISA) can be very tempting at first glance - however, as with any investment, it is important to weigh up the pros and cons. So we've put together a list of what you need to consider before opening your own Stocks and Shares ISA account. 

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