Investment ISA

What is a managed growth fund?

Our Investment ISA is a Stocks & Shares ISA that invests your money into our managed funds. A fund pools together the money from many individuals. The fund manager then uses it to invest in a broad range of assets which are selected based on the objectives of the fund. To learn more about risk, please read our guide on understanding risk.

Why choose an Investment Account?

If you have some spare cash to invest for at least five years, or you'd like to put some money away each month, our Investment Account can make your savings work harder.

With our Investment Account you can benefit from:

  • Flexible investment – choose to invest a lump sum, put some money away each month, or both.
  • Professional fund managers – our experts choose where to invest your money, so you don't have to.
  • Controlled risk level – choose from our range of funds to suit your needs.

 

Keep in mind:

  • The value of investments can go down as well as up so you may not get back the money you invest.
  • We will not offer any financial advice or make recommendations about where to invest your money, so make sure you fully understand the risks, charges, terms and investment objectives of the funds before making any decisions.
  • There are charges based on the value of your investment each year. An Ongoing Charge of 0.45%, a service fee of 0.24% and transaction costs for which we don’t have the exact amount but have used an industry average of 0.50%.

You can invest up to £20,000 less anything you have contributed to another ISA in this tax year. If you have already used your ISA allowance you can invest through an Investment Account.

A fund pools together the money from many individuals and then the fund manager uses it to invest in a broad range of assets. Fund managers invest in different asset types like shares (equities), bonds and gilts (fixed interest securities) and property - exactly what they buy depends on the investment objective of the fund.

The graph below shows how different assets have performed over the last 10 years up to 31 December 2015. As you can see, the value of most types of asset goes up and down over time. Leaving your investment in place for longer can help to balance out these ups and downs.

Graph showing how different assets have performed

Source: Lipper, a REUTERS company. Basis: Total Return, net income reinvested. Performance is from 1 January to 31 December each year. UK Bonds are represented by the FTSE British Government All Stock Index. UK Shares are represented by the FTSE100 Index. Property is represented by the IPD UK All Property Index. Cash is represented by the MoneyFacts Average 90 days notice £2,500 Index. Please note that you can’t invest directly in an index.

Low risk, low return - Managed Growth Fund 2

Investing in Managed Growth Fund 2 could be right for you if you're looking for low risk investment with a corresponding low return.

Summary

  • Like all investments, the value of this fund can go down as well as up, so you could get back less than you invested.
  • We invest in a wide variety of non-cash assets on your behalf.
  • You can take your money out at any time but bear in mind this investment is designed to be held for the medium to long-term (that’s at least 5-10 years).
  • You can invest a lump sum (min. £2,000), invest monthly (min. £100), or a combination of the two. Once you've invested, you can make lump sum top-ups of £250+ at any time.
  • You can transfer money in from an existing cash or stocks and shares ISA to preserve its tax-efficient status.

Charges

There are charges based on the value of your investment each year. An Ongoing Charge of 0.45%, a service fee of 0.24% and transaction costs for which we don’t have the exact amount but have used an industry average of 0.50%.

For more information on how these charges work in practice, please read Our Fund Range and Investments (PDF).

Past performance

As the value of different asset types goes up and down over time, it is a good idea to look at how investments have performed over at least the last 5 years.

This fund was launched on 26th March 2014 so there's no performance data available prior to this date. Past performance isn't a guarantee of future performance.

Percentage growth year on year

31st March 2012 - 31st March 201331st March 2013 - 31st March 201431st March 2014 - 31st March 201531st March 2015 - 31st March 201631st March 2016 - 31st March 2017
Managed Growth
Fund 2
N/A N/A 10% -0.6% 11%

Our fund factsheet (PDF) has more information about the fund and its past performance.

Apply for an Investment ISA

If you do not have a Bank of Scotland account with Internet Banking facilities, you will need to open an account before investing. Some of our savings accounts can be opened online with a minimum deposit of as little as £1.

If you’re registered for Internet Banking, follow the link below to read some important information. You can then log in to your Internet Banking and apply.

If you are viewing this page on a mobile phone, please switch to a tablet, laptop or PC before applying.

Find out more and apply

Tax treatment depends on your individual circumstances and may change.

What does this fund invest in?


Donut graph

Shares: 23%

Bonds and Gilts: 65%

Property: 12%

How it's managed


This fund is managed by Scottish Widows. Their professional fund managers choose where to invest your money, so you don’t have to. They closely monitor the fund and make decisions about what it invests in to make sure that it meets its risk profile and goals.

This fund is lower risk, so the fund managers mostly invest your money in lower-risk funds to spread any risk over a wide range of investments.

Your fund managers are:
Shanshan Zhang & Jeff King

Medium risk, medium return – Managed Growth Fund 4

Investing in Managed Growth Fund 4 could be right for you if you’re looking for a moderate approach to risk and return.

Summary

  • Like all investments, the value of this fund can go down as well as up, so you could get back less than you invested.
  • We invest in a wide variety of non-cash assets on your behalf.
  • You can take your money out at any time but bear in mind this investment is designed to be held for the medium to long-term (that’s at least 5-10 years).
  • You can invest a lump sum (min. £2,000), invest monthly (min. £100), or a combination of the two. Once you've invested, you can make lump sum top-ups of £250+ at any time.
  • You can transfer money in from an existing cash or stocks and shares ISA to preserve its tax-efficient status.

Charges

There are charges based on the value of your investment each year. An Ongoing Charge of 0.45%, a service fee of 0.24% and transaction costs for which we don’t have the exact amount but have used an industry average of 0.50%.

For more information on how these charges work in practice, please read Our Fund Range and Investments (PDF).

Past performance

As the value of different asset types goes up and down over time, it is a good idea to look at how investments have performed over at least the last 5 years.

This fund was launched on 26th March 2014 so there's no performance data available prior to this date. Past performance isn't a guarantee of future performance.

Percentage growth year on year

31st March 2012 - 31st March 201331st March 2013 - 31st March 201431st March 2014 - 31st March 201531st March 2015 - 31st March 201631st March 2016 - 31st March 2017
Managed Growth
Fund 4
N/A N/A 8.9% -2.5% 15.2%

Our fund factsheet (PDF) has more information about the fund and its past performance.

Apply for an Investment ISA

If you do not have a Bank of Scotland account with Internet Banking facilities, you will need to open an account before investing. Some of our savings accounts can be opened online with a minimum deposit of as little as £1.

If you’re registered for Internet Banking, follow the link below to read some important information. You can then log in to your Internet Banking and apply.

If you are viewing this page on a mobile phone, please switch to a tablet, laptop or PC before applying.

Find out more and apply

Tax treatment depends on your individual circumstances and may change.

What does this fund invest in?


Donut graph

Shares: 51%

Bonds and Gilts: 39%

Property: 10%

How it's managed


This fund is managed by Scottish Widows. Their professional fund managers choose where to invest your money, so you don’t have to. They closely monitor the fund and make decisions about what it invests in to make sure that it meets its risk profile and goals.

This fund is lower risk, so the fund managers mostly invest your money in lower-risk funds to spread any risk over a wide range of investments.

Your fund managers are:
Shanshan Zhang & Jeff King

High risk, high return – Managed Growth Fund 6

Investing in Managed Growth Fund 6 could be right for you if you’re prepared to accept a higher degree of risk for the potential of higher returns.

Summary

  • Like all investments, the value of this fund can go down as well as up, so you could get back less than you invested.
  • We invest in a wide variety of non-cash assets on your behalf.
  • You can take your money out at any time but bear in mind this investment is designed to be held for the medium to long-term (that’s at least 5-10 years).
  • You can invest a lump sum (min. £2,000), invest monthly (min. £100), or a combination of the two. Once you've invested, you can make lump sum top-ups of £250+ at any time.
  • You can transfer money in from an existing cash or stocks and shares ISA to preserve its tax-efficient status.

Charges

There are charges based on the value of your investment each year. An Ongoing Charge of 0.45%, a service fee of 0.24% and transaction costs for which we don’t have the exact amount but have used an industry average of 0.50%.

For more information on how these charges work in practice, please read Our Fund Range and Investments (PDF).

Past performance

As the value of different asset types goes up and down over time, it is a good idea to look at how investments have performed over at least the last 5 years.

This fund was launched on 26th March 2014 so there's no performance data available prior to this date. Past performance isn't a guarantee of future performance.

Percentage growth year on year

31st March 2012 - 31st March 201331st March 2013 - 31st March 201431st March 2014 - 31st March 201531st March 2015 - 31st March 201631st March 2016 - 31st March 2017
Managed Growth
Fund 6
N/A N/A 8.6% -3.2% 19.5%

Our fund factsheet (PDF) has more information about the fund and its past performance.

Apply for an Investment ISA

If you do not have a Bank of Scotland account with Internet Banking facilities, you will need to open an account before investing. Some of our savings accounts can be opened online with a minimum deposit of as little as £1.

If you’re registered for Internet Banking, follow the link below to read some important information. You can then log in to your Internet Banking and apply.

If you are viewing this page on a mobile phone, please switch to a tablet, laptop or PC before applying.

Find out more and apply

Tax treatment depends on your individual circumstances and may change.

What does this fund invest in?


Donut graph

Shares: 75%

Bonds and Gilts: 17%

Property: 8%

How it's managed


This fund is managed by Scottish Widows. Their professional fund managers choose where to invest your money, so you don’t have to. They closely monitor the fund and make decisions about what it invests in to make sure that it meets its risk profile and goals.

This fund is lower risk, so the fund managers mostly invest your money in lower-risk funds to spread any risk over a wide range of investments.

Your fund managers are:
Shanshan Zhang & Jeff King