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An ISA (individual savings account) is an investment with tax advantages. Proceeds from an ISA are completely tax free, under current legislation.
Kingston Unity's Tracker ISA is a Stocks & Shares ISA which aims to track the performance and movement both upwards and downwards of the FTSE All-Share Index.
The fund aims to provide medium to long term growth although there could be short term fluctuations. The Tracker ISA is designed to be a medium to long term investment (3-10years) with the aim of achieving growth, whilst spreading the risk by investing in a broad range of equities.
You should remember the growth is not guaranteed and is dependent on the performance of the underlying fund which can go down as well as up. You may get back less than you have invested.
Please read the Key Features and Frequently Asked Questions below for more information. You can also download and read an Information Pack.
If you wish to apply to open a Kingston Unity Tracker ISA you should download an Application Pack which contains essential information and all the paperwork you will require to open your ISA.
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A stocks and shares ISA which aims to track the performance and movement, both upwards and downwards, of the FTSE All-Share Index.
The fund aims to provide medium to long term growth, although there could be short term fluctuations. The Tracker ISA is designed to be a medium to long term (3-10 years) investment with the aim of achieving growth, whilst spreading the risk by investing in a broad range of equities.
You should remember growth is not guaranteed and is dependent on the performance of the underlying fund which may go down as well as up. You may get back less than you have invested.
Premiums are invested in our Tracker Fund which has a spread of equities designed to track the performance of the FTSE All-Share Index which represents most of the UK market. The majority of the investments in the fund will be UK investments although the overall proportion will change in accordance with the weightings within the FTSE All-Share.
Yes, You can choose to either make your contribution in a lump sum or you can arrange to pay monthly by standing order.
An ISA is an open ended contract with no minimum term, however it should be viewed as a medium to long term investment to minimise the risk of short term market fluctuations.
Any money that you receive from your ISA will be completely free of tax and you will not need to declare any growth or income from your investment on your tax return
Capital gains and investment income made to the fund are currently tax-free but we cannot reclaim the 10% tax credit in dividend income.
The tax treatment is subject to current legislation which may change in the future.
If your ISA is still in force on your death, then the Society will pay 101% of the investment to either the surviving spouse or your estate.
Yes, under normal circumstances you can transfer all or part of the money saved in previous years with another provider to a Kingston Unity Stocks and Shares ISA without any effect on your annual ISA investment allowance for this tax year.
You can also transfer money saved in the current tax year with another provider in a Stocks and Shares or Cash ISA to a Kingston Unity Stocks and Shares ISA. The transfer must be the whole amount saved in the current tax year up to the day of transfer.
Once money saved in the current tax year in a Cash ISA is transferred into a Stocks and Shares ISA it will be treated as if it had been invested directly into the Stocks and Shares ISA in that year.
What you might get back depends upon the investment performance of the underlying funds during the life of your investment. The fund aims to provide upward growth in the medium to long term but this is not guaranteed
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