AIC investment ISA offers
Tuesday, 20 Feb 2007 10:37
The Association of Investment Companies (AIC) has released details of the best ISA offers from investment companies and their managers.
With time running out before the April 5th ISA deadline, as well as expiry dates on several offers, AIC is advising people to act fast to get the best ISA deal.
"With the April 5th deadline looming, investors need to get their skates on if they are going to take advantage of these enticing offers, covering a wide range of sectors and risk profiles," said Annabel Brodie-Smith, of AIC.
"Investment company ISAs are an ideal way for investors to access a diversified portfolio, in a tax efficient way. With a proud history of low charges, independent boards to represent shareholder interests and the freedom to gear to enhance returns, it’s worth considering an investment company for your shopping list."
Offers available
Aberdeen Asset Managers - A lower cost ISA/PEP with no initial, no ad valorem and no brokerage charges, just £24 +VAT a year per person, per ISA/PEP account for 13 investment companies.
Baillie Gifford - No initial charge or dealing commission. Flat rate management fee of £30 (+VAT) per year.
F&C Management Limited - No initial or exit charges. Only one £60+VAT annual charge, no matter how many ISAs or PEPs you hold with us.
Gartmore Investment Management - Initial fee of 3% removed from all new investments in ISAitand PEPit schemes
JPMorgan Asset Management - No transaction charges on investments of £1,000 or more (government stamp duty still applies)
Free ISA & PEP transfers. Expires April 30th 2007
The Scottish Investment Trust PLC, The SIT ISA, Plan manager: SIT Savings Ltd - No initial or closure plan charge. The ISA annual management fee is 0.6% capped at £30 + VAT
SVM Asset Management Ltd - Nil initial charge for investments. Min £50 investment (£25 per trust).
TR Property Investment Trust ISA (provided by BNP Paribas) - No transfer charges, no initial charge, no exit charge.
Witan Wealthbuilder Witan, Witan Pacific and Tribune UK Tracker - Free Dealing for ISA lump sum investments. Expires April 5th, 2007.
For details, and for a free ISA factsheet, can 0800 085 8520 or visit: www.theaic.co.uk