Multi-fund ISA

Introducing a class act for ISAs

Want a better return on your money – but don’t know where to start?

Are you worried about how little you’re making on your savings? Would you like to invest in higher-return options such as funds and shares - but don’t know where to start?

Our Multi-fund ISA gives you the chance to invest in a diverse range of Exchange Traded Funds (ETFs). You choose the level of risk that suits you from a choice of three options. Your fund will be continually managed by a team of experts, so you can relax about what or when you ‘should be buying or selling’.

The Multi-fund ISA protects your investment and any future returns from it from tax*. Plus you pay 0% initial charge (normally 4%).

This is an execution-only service. You are responsible for deciding which fund is better suited for your needs and personal circumstances

If your attitude to risk or personal circumstances change, you should review your fund selection

* Tax treatment depends on your individual circumstances and may be subject to change.

Multi-fund ISA benefits

  • Your money is spread across dozens of funds and managers - spreading your risk
  • You choose the risk level you’re comfortable with: Moderately Cautious Fund, Balanced Fund, and Moderately Adventurous Fund
  • Each fund uses Exchange Traded Funds (more about ETFs) so the investing cost is very low
  • Your funds are constantly managed by investment professionals
  • You’ll be investing in well known funds, including: Goldman Sachs, UBS, Deutsche Bank, RBS, HSBC, BlackRock and Legal and General
  • Pay 0% initial charge
  • These funds are intended for investors with a medium to long-term investment horizon (5 years+)

Fund performance

The funds aims are:

  • Steady performance
  • Carefully managed risk
  • Lower than average cost

The table below shows the targeted and actual returns for the three fund options. You can view the performance of the funds at Interactive Investor at any time.

  Moderately Cautious AAP Fund (lower risk) Balanced AAP Fund (medium risk) Moderately Adventurous AAP Fund (higher risk)
Target annual return 5.8% 7.2% 8.2%
Actual return 2009 6.5% 13.6% 18.1%
Actual return 2010 6.5% 9.0% 10.1%
Rolling 12 months to 31/10/11 1.08% 0.16% -0.6%
Performance shown for D (retail) accumulation shares. These funds were launched at the end of March 2008.
Source: 7IM

What each of our Multi-fund ISA funds offer you

  • Investments in around 40 different funds, chosen by the experts at 7IM
  • Exposure to investment in shares designed to track major equity markets (eg FTSE 100)
  • A great spread of potential gains, with risk being carefully managed
  • The funds are continually reviewed and adjusted by the professionals at 7IM, so you don’t have to worry about monitoring performances of lots of funds.
  • The funds invest in Exchange Traded Funds (ETFs) and Tracker funds which are potentially a very cost effective way of investing, and which makes the low annual charge possible.
  • These funds are intended for investors with a medium to long-term investment horizon (5 years+)
  • Inbuilt currency hedging and access to ‘institutional’ investment products
  • Available at 0% initial charge

Risk Warning

Please remember that investment prices can go down as well as up and past performance is not a guide to future performance. You may not get back the amount you originally invested

Tax treatment depends on your individual circumstances and may be subject to change.

Find out more about our three Multi-fund ISA options:

Moderately Cautious Balanced Moderately Adventurous