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Nationwide Cash ISA Review


Nationwide Cash ISA

 

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Nationwide Cash ISA

Nationwide Equity ISA : What's on offer
You can invest in the stock market with a Nationwide Equity ISA (Individual Savings Account), and their fund managers will do all the work for you. ISAs have a greater growth potential than savings accounts and you can choose to invest for growth or income (or both).

Start from as little as a £500 lump sum or £50 a month

A choice of funds to suit your needs

Nationwide High Income ISA and Tracker ISA are CAT marked, which guarantee low charges

Equity ISA: Key Features of the Nationwide Equity ISA
It aims t
o provide you with a way of investing tax-free through an Equity (stock and shares) ISA investing in unit trust funds.

There are four different funds available
The UK Growth Fund aims for long term capital growth by investing in a broad range of UK companies. Investments may also consist of UK registered stock and Investment Trusts which invest in, or derive income from, overseas operations.

The Balanced Fund aims for long-term capital growth by investing in a broad range of UK and overseas companies' shares and in fixed interest securities.

The Tracker Fund aims to provide long-term capital growth by tracking the FTSE Actuaries All-Share index.

The High Income Fund aims to produce you a higher income than deposit rates by investing in a portfolio of corporate bonds, gilts and fixed interest securities.

Additionally the Nationwide High Income Fund only aims:

  • To provide long term preservation of your capital, although this can't be guaranteed
  • To give you the option of reinvesting your income
  • Your investment
  • You invest a lump sum of at least £500 and/or agree to make regular payments (£50 per month).

For further information on Nationwide Cash ISA's visit the Nationwide Website.

 

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