Stocks & Shares ISAs

how does a stocks and shares isa work

Stocks and shares ISAs are a tax-efficient home for your savings. The ISAs listed below allow you to access a range of investments, with many funds graded according to the level of risk involved. In some cases, the funds ‘track’ the performance of a particular stock market index, such as the FTSE 100, so the value of your investment rises and falls in line with the index. Either way, the underlying investment decisions regarding specific company shares are taken by the manager, with no need for you to be involved.

If you would prefer to be more hands-on and pick your own stocks and shares to house within your tax-efficient ISA wrapper, see our Self-select ISAs page

It’s worth bearing in mind that any investment in the stock market, whether managed on your behalf or otherwise, should be seen as a long-term proposition. Many investment specialists recommend investing over a minimum five-year period. If you can’t tie up your

money for five or more years, or if you can’t stomach the risk of getting back less than you invest, then a savings account is probably more appropriate for you.

Understand the risks. The value of your investment and the income derived from it can go down as well as up and you may get back less than you originally invested. The tax advantages of ISAs may change in the future and also depend on your individual circumstances.

MoneySuperMarket doesn’t offer a comparison service for this type of product but we have compiled a list below of providers who can help

Stocks & Shares Featured Providers

Fidelity

Product Details

Starting your 2015/16 ISA is now easier – and here’s why.

• Quick and easy account opening and fund selection with Fidelity's online guidance tools.

• Over 2,000 investment options from more than 100 providers when you buy direct with Fidelity's fund supermarket.

Source: www.moneysupermarket.com

Category: Forex

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