From 1 July 2014 ISAs were be reformed into a simpler product, the ‘New ISA’ (ISA), with an overall limit of £15,240 per year. The government has also abolished the rule that states that only half can be saved in cash. Please see the attached Factsheet for more information.
ISA | |
|---|---|
Lump sum investment | Minimum £1,000 |
Regular investment | £100 |
Dividend options | Choice of pay away or re-invest |
Transfer of existing ISA's | Stocks and shares or Cash ISA: |
* For current NISA allowance levels please visit http://www.hmrc.gov.co.uk/isa
SHARE PLAN | |
|---|---|
Lump sum investment | Minimum £250 |
Regular investment | Minimum £50 |
Dividend options | Choice of pay away or re-invest |
Transfer of existing ISA's | N/A |
Once you’ve decided which investment option is best for you – Stocks & Shares ISA or Share Plan – you just need to fill in the appropriate application form(s) and send them off along with your personal cheque. Please note that investors must be 18 or over and resident or ordinarily resident in the UK or a Crown employee serving overseas or married to a Crown employee serving overseas.
Further lump sum investments may also be made by debit card (Switch or Delta) by telephoning 03458 500181.
ISA | SHARE PLAN | |
|---|---|---|
Initial Charges * | £30 | N/A |
Half Yearly Management Charge | 0.25% | FREE |
Government Stamp Duty on Purchases | 0.5% | 0.5% |
Cash Withdrawals via BACS * | FREE | FREE |
Stock Withdrawals * | £20 | £20 |
Transfer out to another provider * | £35 | £35 |
Void account * | £65 | N/A |
Shares will be purchased for you on the stock market on the first available dealing day at the market price.
Upon receipt monies will be invested on the next normal dealing day. Investments are normally dealt daily and any cash balance of at least £1 held on your behalf attracts interest at HSDL’s prevailing rate.
VALUE OF EACH SALE | TELEPHONE | ONLINE** (SALES ONLY) |
|---|---|---|
Up to £5,000 | £25 | £11.95 |
£5,001 to £50,000 | £50 | £11.95 |
£50,001 to £100,000 | £75 | £11.95 |
Over £100,001 | 0.10% | £11.95 |
** When you register for online services at http://www.halifax.co.uk/online
Purchases including dividend investment – FREE
All information, limits and charges are correct at the date of publishing but may change in future
AVI Global Trust p.l.c is referred to as ‘AVI Global’ throughout the website. AVI Global’s investment managers, Asset Value Investors are referred to as ‘AVI’
The website is directed only at Professional Clients in the UK. The website is issued by Asset Value Investors Limited (“AVI”), in respect of AVI Global Trust plc (“AVI Global”). AVI is authorised and regulated by the UK Financial Conduct Authority (“FCA”). AVI Global is a public company listed and traded on the London Stock Exchange.
You agree that we may contact you about our products and services that we believe you might be interested in.
The price of the Shares will be determined by supply and demand in the market as well as NAV per Share. The market price of the Shares is therefore likely to fluctuate and may represent either a premium or discount to NAV per Share.
