Xel
Finance Fund and Equity ISA's
Xel Finance Fund and Equity ISA's
ISA's
are most suited to people who pay UK tax on their investment
returns as all returns made within an ISA are tax-free. You
must be over 16 to invest in one.
You
can buy ISA's to suit your own investment purpose. ISA's are
available across the whole range of the risk spectrum from
deposit account based ISA's and managed fund ISA's to single
share ISA's. Low minimum investment levels make ISA's also
suitable for regular savings.
There
are 3 types of ISA: Cash ISA's, Insurance ISA's and Stocks
& Shares ISA's. An ISA may also be referred to as a Mini
or a Maxi ISA.
The
choice between one Maxi or three Mini ISA's probably depends
on whether or not you wish to have a different manager for
each of the three ISA components. If you do not, a Maxi ISA
is likely to be more attractive.
For
further information on Xel Finance Fund and Equity ISA's visit
the Xel Finance website.
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