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.
Yes. You can do this by completing a form with your new FTSE 100 Tracker ISA provider.
You can invest in more than one index tracker fund in your Stocks and Shares ISA account. You can also have more than one Stocks and Shares ISAs at once, but you cannot contribute to them both in the same tax year.
As ISA accounts can only be held by individuals you cannot open a joint index tracker fund ISA account.
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 usually aren’t charged for opening your account but may be charged dealing fees for buying your tracker fund and ongoing fees for holding it.
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.