Growth ISAs

Compare our best growth ISAs


ISAs are designed to provide a tax-efficient wrapper for your savings. If you are looking to invest for growth, then you have a range of options available to you depending on your attitude to risk. You can invest in a wide choice of funds through Fair Investment Company, offering high levels of potential growth for your ISA investment.


See below for our range of growth ISAs available this ISA Season. These Investment ISA options provide a wide range of investment fund choices with the option of either selecting funds yourself, or letting the experts manage your funds for you to help you make the most of your tax free savings allowance. 

Investment ISAs
ProviderAccountISA TransfersProtection schemeFund choiceInvest From:More info
yes

FSCS

Managed Portfolio

Min. £500 single

(+ £100pm for ISAs below £5,000)

More Info >
Why we like it: Get an intelligent stocks & shares ISA portfolio - Choose a portfolio that’s fully managed by our expert team, or one designed to remain steady and rebalance automatically. No tie-ins, no set-up fees, no exit charges. Easy, online set up in minutes. Start with as little as £500 (plus £100 per month for ISAs below £5,000). Simple fee structures – 0.25% to 0.75% depending on how much you invest, incl VAT. Plus, live chat, amazing customer support and brilliant investor tools and guides. Regulated by the FCA and protected by the FSCS. Capital at risk.
yes

FSCS

1,500+ funds

£50 per month

or £500 single

More Info >
Why we like it: Invest through an award winning FTSE company, with extensive research and analysis and competitive charges. Choose from a range of investments including shares, funds, gilts, bonds, investment trusts and ETFs.


yes

FSCS

Choice of Funds from Scottish Friendly

£10 per month

or £100 single

More Info >
Why we like it: Invest from only £10 a month, lump sums from just £100 or a combination of both using your tax-free Investment ISA allowance. Once you have set up My Select (ISA), you can stop, restart, raise or lower your payments or your investments and cash in whenever you want. Your money will be invested in a My Select policy within a Scottish Friendly ISA which will then invest in a choice of funds from Scottish Friendly including stock market and bond funds.

yes

FSCS

Choice of 6 Funds

Invest from £1

More Info >
Why we like it: Choice of five passively managed Funds give you easy access to different levels of risk and return. No need to spend time managing individual investments, it’s all done for you. Virgin Money’s passively managed Funds have an annual ongoing charge of 1%. Virgin Money also offers the Climate Change Fund. This only invests your money in hand-picked companies with strong environmental credentials. As it is more expensive to run, this Fund has a higher annual ongoing charge of 1.3%.
Remember, you may get back less than you invest.
yes

FSCS

With-Profits Fund

£30 per month

or £500 single

More Info >
Why we like it: You don’t have to make any tricky investment decisions; your money will be invested in Shepherds With Profits Fund, and the bonuses you could receive will depend on the future performance of the fund. To try to achieve higher returns for you, your money is invested in a variety of assets, the majority of which consist of stocks and shares, but also property, bonds and cash. While returns are not guaranteed in stocks and shares investments and the value can go down as well as up, Shepherds apply a process known as ‘smoothing’ that attempts to even out fluctuations in the value and aims to keep a consistent level of bonus payments.


Important information: Investment ISAs are tax-efficient wrappers for long term investments. Capital at risk. Charges may apply.  Tax rules may change in the future and whether particular tax rules benefit you, will depend on your individual circumstances. ISA transfer charges may apply, please check with your provider.
Investment ISAs - Growth
ProviderPlan NameCounterpartyISA OptionTermMaximum Potential ReturnMore Info
FTSE 100 Enhanced Kick Out PlanInvestec Bank plcyesUp to
6 years

9.35%

per annum

More Info >
  • 9.35% for each year (not compounded) provided the FTSE 100 finishes higher than its starting value (subject to averaging)
  • Potential to mature early, from year 1 onwards
  • Available for ISA, ISA transfer and direct investment 
  • Investment deadline for ISA transfers - 24 November 2017
  • Investment deadline for direct and ISA applications - 15 December 2017
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% at maturity from it's initial level, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £3,000
  • An arrangement fee applies to this plan
  • Product designed to be held for the full term
FTSE Kick Out PlanCredit Suisse AGyesUp to
6 years

8.70%

per annum

More Info >
  • Potential early maturity return of 8.7% x the number of years the plan has been active
  • Maximum 6 year structured investment plan
  • Potential for early maturity from year 1
  • Available for ISA, ISA transfer and direct investment
  • Investment deadline for ISA transfer applications - 11 December 2017
  • Investment deadline for direct & ISA applications by cheque - 19 December 2017
  • Investment deadline for direct & ISA applications by bank transfer - 27 December 2017
  • Capital at risk
  • Repayment of your capital and payment of any return depends on the performance of the FTSE 100 Index and the ability of the counterparty Credit Suisse AG to pay at maturity
  • Arrangement fee applies
  • If you decide to sell the plan early, you may get back less than your original investment
  • May close early if oversubscribed
10:10 PlanNatixisyes10 years

8.25%

per annum

More Info >
  • 8.25% for each year (not compounded) provided the FTSE 100 finishes at or above its starting value
  • Alternative option 1 available returning a potential 7% pa if FTSE finishes up to 82.5% of its starting value over term of plan
  • Alternative option 3 available returning a potential 11.50% pa if FTSE finishes at or above 110% of its starting value
  • Potential to mature early, from year 2 onwards
  • Available for ISA, ISA transfer and direct investment
  • Investment deadline ISA transfers - 29 November 2017  
  • Investment deadline for direct and ISA by cheque - 13 December 2017
  • Investment deadline for direct and ISA by bank transfer - 20 December 2017 
  • Capital is at risk if the FTSE 100 Index has fallen by more than 30% at maturity from its starting value, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £10,000
  • An arrangement fee applies to this plan
  • Product designed to be held for the full term
FTSE 100 Step Down Kick-Out PlanInvestec Bank plcyesUp to
6 years

7.00%

per annum

More Info >
  • 7% for each year (not compounded) provided the FTSE 100 finishes above kick out level
  • Kick out level reduces from 100% to to 80% over the term
  • Potential to mature early, from year 2 onwards
  • Available for ISA, ISA transfer and direct investment 
  • Investment deadline for ISA transfers - 24 November 2017
  • Investment deadline for direct and ISA applications - 15 December 2017
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% at maturity from it's initial level, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £3,000
  • An arrangement fee applies to this plan
  • Product designed to be held for the full term
FTSE 100 Defensive Kick-Out PlanInvestec Bank plcyesUp to
6 years

6.85%

per annum

More Info >
  • 6.85% for each year (not compounded) provided the FTSE 100 finishes above 90% of its starting value
  • Potential to mature early, from year 3 onwards
  • Available for ISA, ISA transfer and direct investment 
  • Investment deadline for ISA transfers - 24 November 2017
  • Investment deadline for direct and ISA applications - 15 December 2017
  • Capital is at risk if the FTSE 100 Index has fallen by more than 50% at maturity from its starting value, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £3,000
  • An arrangement fee applies to this plan
  • Product designed to be held for the full term
FTSE Defensive Kick Out PlanCredit Suisse AGyesUp to
6 years

6.55%

per annum

More Info >
  • Potential early maturity return of 6.55% x the number of years the plan has been active
  • Maximum 6 year structured investment plan
  • Potential for early maturity from year 2
  • Kick out level required reduces by 20% over term of plan
  • Available for ISA, ISA transfer and direct investment
  • Investment deadline for ISA transfer applications - 11 December 2017
  • Investment deadline for direct & ISA applications by cheque: 19 December 2017 
  • Investment deadline for direct & ISA applications by bank transfer - 27 December 2017
  • Capital at risk
  • Repayment of your capital and payment of any return depends on the performance of the FTSE 100 Index and the ability of the counterparty Credit Suisse AG to pay at maturity
  • Arrangement fee applies
  • If you decide to sell the plan early, you may get back less than your original investment
  • May close early if oversubscribed
FTSE Step Down Kick Out PlanNatixisyesUp to
6 years

6.25%

per annum

More Info >
  • Potential early maturity return of 6.25% x the number of years the plan has been active
  • Maximum 6 year structured investment plan
  • Potential for early maturity from year 2
  • Kick out level required reduces by 20% over term of plan
  • Available for ISA, ISA transfer and direct investment
  • Investment deadline for ISA transfer applications - 8 December 2017
  • Investment deadline for direct and ISA applications by cheque - 18 December 2017
  • Investment deadline for direct and ISA applications by bank transfer - 22 December 2017
  • Capital at risk
  • Repayment of your capital and payment of any return depends on the performance of the FTSE 100 Index and the ability of the counterparty Natixis to pay at maturity
  • Arrangement fee applies
  • If you decide to sell the plan early, you may get back less than your original investment
  • May close early if oversubscribed
FTSE 100 Defensive Step Down Kick-Out PlanInvestec Bank plcyesUp to
6 years

6.00%

per annum

More Info >
  • 6% for each year (not compounded) provided the FTSE 100 finishes above kick out level
  • Kick out level reduces from 100% to to 65% over the term
  • Potential to mature early, from year 2 onwards
  • Available for ISA, ISA transfer and direct investment 
  • Investment deadline for ISA transfers - 24 November 2017
  • Investment deadline for direct and ISA applications - 15 December 2017
  • Capital is at risk if the FTSE 100 Index falls by more than 40% at maturity, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £3,000
  • An arrangement fee applies to this plan
  • Product designed to be held for the full term
Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. Income and growth returns are not guaranteed. There is a risk of losing some or all of your initial investment due to the performance of the underlying Index or commodity. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

What are growth ISAs?


Some of the features of growth ISAs include:

  • Growth ISAs are intended as medium to long term investments, so you can typically expect short-term volatility.
  • Growth ISAs tend to have a stronger focus on investing in stocks and shares.
  • Growth funds tend to be higher risk funds, and so they are ideal for those looking to build their savings, or pensions, over longer periods of time.

Growth ISA rules


As with all savings and investment plans, there are a few regulations covering growth ISAs:

  • You must be a UK resident and over 18 to hold a growth investment ISA
  • As with all stocks and shares ISA options, each eligible individual has a maximum allowance to invest each tax year For the 2017/2018 tax year, the maximum ISA limit is £20,000 (since 6th April 2017)
  • You have the option to invest your full allowance in a growth ISA, in a cash ISA or in any mixture of the two provided you not exceed the total annual limit.

Advantages of growth ISAs


  • Growth ISAs offer investors the opportunity to spread their ISA allowance across a range of funds featuring different investment risk profiles and growth objectives.
  • As well as offering the potential for good returns in the long term, investors who choose growth funds using their annual ISA allowance won't need to pay capital gains tax on any returns made.
  • Growth ISAs can offer good long-term potential. 
  • Using your annual ISA allowance into a growth fund can offer the potential for good returns in the long term.
  • You want to invest in a wide range of areas - a growth ISA can give you the opportunity to invest in a variety of collective funds that aim to achieve capital growth.

Limitations of growth ISAs


  • If you're likely to need to get hold of your money at short notice, an instant access cash ISA or an easy access cash ISA might be a better choice. 
  • Growth funds tend to be higher risk funds and are therefore suited to those looking to build their savings or pension over a longer period of time.
  • If you are seeking shorter-term income (for example, if you are close to retirement and are looking for an investment that will generate a regular income to top up your pension) you may find that an income ISA suits you better. If you use your ISA allowance for this type of investment, all income you receive will be tax-free.

Choosing a growth ISA


Growth ISAs are designed for those investors who are prepared to put money aside for a reasonable period of time. They are intended as medium to long term investments, and generally perform better over the long term than some other asset types, including cash. Some of the different growth ISAs available include structured growth ISAs, fund ISAs, and those that invest in emerging markets.

The key to making the most of your investments is to figure out what you hope to achieve before you start. Everyone's objectives are different, so the trick is to find the investment method that best reflects your current and future financial goals. As always, if you're unsure about any investment it's best to seek independent financial advice.

Select Growth Funds
Fund ManagerFundFund Manager Initial Charge¹AMC³Select Fund°Fact SheetHow to Invest
BlackRock Gold & General0%1.00%yesFactsheetMore Info >
This is a specialist unit trust which aims to achieve long term capital growth by investing in gold mining and precious metal-related shares. It tends to be volatile and is particularly suitable for diversification in a larger portfolio. See latest fund factsheet for details.

³AMC is the Annual Management Charge applied by the Fund Manager. 

°Select Fund - See how our funds are selected

 Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested.

Investments in Stocks & Shares ISAs do not contain the same degree of capital security as investments in deposits. Stocks and shares ISAs are designed as medium to long term investments of, for example, five years or more. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.

Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.