Ready-made Investments

With interest rates still at all time lows, you might want to consider investing with the aim of making your money work harder for you.

How Ready-made investments work

  • Ready-made investments are an easier investment option.
  • Choose from either our Investment Account or for a tax efficient option, our Investment ISA.
  • Complete an online application in minutes then select your fundsFunds are managed by professionals and pool investors' money together and invest on their behalf. Since your investment can be spread over a range of different stock markets, sectors and investment types, the risk involved may be reduced.. The experts will take care of the rest.

Investing vs Saving

  • Cash savings grow steadily but slowly and can be accessed easily. 
  • Your savings may be impacted if the rate of return is lower than inflationInflation causes a rise in costs for goods and a drop in your purchasing power over a period of time. e.g. a pint of milk in 1990 was 25p whereas a pint of milk in 2020 would cost you 43p..
  • Investing can offer greater returns, but this is not guaranteed and your investments can fall as well as rise.

Why try it?

  • Easy - Fill in your application in minutes then allow our investment experts to do the rest.
  • Flexible - You can invest from £100 per month or a lump sum of £2,000.
  • Low Cost - Our ready-made funds offer some of the lowest charges in the market.

Your Money, Protected

Our Ready-made investments are protected up to a total of £85,000 by the Financial Services Compensation Scheme. This limit applies to the total of any investments held across Halifax Share Dealing Limited.

This is in addition to protection from any other current or savings accounts held with the group.


Although there is no tie in period, our investments are designed for the medium to long-term so you should plan to hold them for at least five years. Please remember that the value of all investments can fall as well as rise, and you may get back less than you invest. If you’re not sure about investing, seek independent advice.

Investment funds explained

1. What are investment funds?

Professional fund managers pool the money of investors to buy and hold a spread of different assets, helping you benefit from:

  • Spending less time and effort because investment experts do the work on your behalf.
  • Taking on risk that is more spread out without having to buy lots of different assets yourself.

2. What is an asset?

Funds are invested in 'assets'. There are four types of assets in our ready-made investments:

  • Shares - Buy a small slice of a company (such as Lloyds Banking Group).
  • Property - Invest in houses, business premises or in a fund containing these properties.
  • Bonds and Gilts - A loan made by investors to governments and companies paying out a fixed return.
  • Cash - Investors’ money can also be stored as cash too as a way to lower risk.

3. What’s the risk?

Consider the amount of risk you are happy to accept.

  • Low - a fund will hold more bonds and gilts meaning risk and potential growth will be lower.
  • Medium - An investment that offers more balance between lower risk assets (e.g. bonds) and higher risk assets (e.g. shares) so potential growth and risk may be more steady.
  • High - Shares will make up the majority of the fund. Investors who put money into higher risk funds look for potentially higher returns but accept the value of their investment can fall as well as rise a lot more.

Our ready-made investments

Managed Growth Fund 2

Fund manager approach: Cautious growth

Risk level: Lower

Asset breakdown:

Low risk donut graph

  Shares - 25%

  Bonds & Gilts - 60.5%

  Property - 8.5%

  Other - 6%


Charges:

For every £1,000 invested in this fund you would pay £6.10 in charges


Key documents:

Managed Growth Fund 2 KIID (PDF, 108KB)
Factsheet (PDF, 138KB)

Managed Growth Fund 4

Fund manager approach: Balanced growth

Risk level: Medium

Asset breakdown:



  Shares - 49%

  Bonds & Gilts - 36.5%

  Property - 8.5%

  Other - 6%


Charges:

For every £1,000 invested in this fund you would pay £6.10 in charges


Key documents:

Managed Growth Fund 4 KIID (PDF, 107KB)
Factsheet (PDF, 138KB)

Managed Growth Fund 6

Fund manager approach: Dynamic growth

Risk level: Higher

Asset breakdown:

Higher risk donut graph

  Shares - 75%

  Bonds & Gilts - 15%

  Property - 5%

  Other - 5%


Charges:

For every £1,000 invested in this fund you would pay £6.20 in charges


Key documents:

Managed Growth Fund 6 KIID (PDF, 107KB)
Factsheet (PDF, 138KB)

Read Our Fund Range and Investments (PDF, 1.6MB) for more information about the funds, including how they are managed, their risks and objectives, and a breakdown of the charges.

Our fund performance

Our funds were re-launched in September 2019 so there’s no performance data available before 2020. These figures refer to the past and past performance is not a reliable indicator of future results.

Date

Managed Growth Fund 2

Managed Growth Fund 4

Managed Growth Fund 6

Date

1 Jan - 31 Dec 2020

Managed Growth Fund 2

4.0%

Managed Growth Fund 4

2.3%

Managed Growth Fund 6

1.9%

Date

1 Jan - 31 Dec 2019

Managed Growth Fund 2

N/A

Managed Growth Fund 4

N/A

Managed Growth Fund 6

N/A

Date

1 Jan - 31 Dec 2018

Managed Growth Fund 2

N/A

Managed Growth Fund 4

N/A

Managed Growth Fund 6

N/A

Date

1 Jan - 31 Dec 2017

Managed Growth Fund 2

N/A

Managed Growth Fund 4

N/A

Managed Growth Fund 6

N/A

Date

1 Jan - 31 Dec 2016

Managed Growth Fund 2

N/A

Managed Growth Fund 4

N/A

Managed Growth Fund 6

N/A

Source: FE fundinfo

Low-cost charges

Charges are paid annually and are based on the value of your total investment. They vary depending on the fund but the maximum values are:

  • a service fee of 0.24% (minimum of 20p per month)
  • a maximum Ongoing Charge of 0.28%
  • and transaction costs which vary depending on the fund but are not greater than 0.12%

For example, if you invested in Managed Growth Fund 6 you would pay £6.20 in charges for every £1,000 invested.

Important Notice

We are committed to improving our online service and from time to time need to take our service off-line to deliver system updates.  During these periods existing customers won’t be able to log into Share Dealing and new customers won’t be able to open a new account. We always try and keep maintenance periods to a minimum and the next planned outage will be:

  • Saturday 8th May 06:00 to 21:00 Saturday 8th May
  • Saturday 15th May 06:00 to 22:00 Sunday 16th May
  • Saturday 22nd May 14:00 to 20:00 Saturday 22nd May

We apologise for any inconvenience this may cause.

Bank of Scotland plc, Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Bank of Scotland plc is Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.

Eligible investments with us are protected by the Financial Services Compensation Scheme (FSCS). For further information about the compensation provided by the FSCS, refer to the FSCS website at www.fscs.org.uk/. You can also visit our Financial Services Compensation Scheme page for more details.

Eligible investments are protected up to a total of £85,000 by the Financial Services Compensation Scheme.

Find out more