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:

Investment ISAs - Growth
ProviderPlan NameCounterpartyISA OptionTermMaximum Potential ReturnMore Info
FTSE 100 Enhanced Kick Out PlanInvestec Bank plcyesUp to
6 years
10.5%
per annum
More Info >
  • 10.5% for each year (not compounded) provided the FTSE 100 finishes higher than its starting value (subject to averaging)
  • Alternative collaterised option also available returning a potential 8.25%
  • Potential to mature early, from year 2 onwards
  • Available for NISA, NISA transfer and direct investment
  • Investment deadline NISA transfers - 12 September 2014 
  • Investment deadline for direct and NISA - 26 September 2014
  • Capital is at risk if the FTSE 100 Index falls by more than 50% during the term and finishes lower than 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 Supertracker PlanCredit Suisse AGyes6 years10 x FTSE
(70% cap)
More Info >
  • Return of 10 x FTSE 100 growth, capped at 70%
  • Available for NISA, NISA Transfer and Direct Investment
  • Investment deadline for NISA transfers - 7 August 2014
  • Investment deadline NISA & non-NISA investments by cheque - 14 August 2014
  • Investment deadline NISA & non-NISA investments by bank transfer - 19 August 2014
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% at maturity from its starting value, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £5,000
  • An arrangement fee applies to this plan
  • Product designed to be held for the full term
UK Growth PlanAviva plc, Barclays Bank plc, Lloyds Bank plc, and The Royal Bank of Scotland plcyes6 years10 x FTSE
(60% cap)
More Info >
  • Return of 10 x FTSE 100 growth, capped at 60%
  • Available for ISA, ISA Transfer and Direct Investment
  • Investment deadline for cash NISA transfers - 22 August 2014
  • Investment deadline for stocks and shares NISA transfers - 29 August 2014
  • Investment deadline NISA & non-NISA investments - 12 September 2014
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% 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 4 / FTSE 100 Defensive Kick Out PlanCredit Suisse AGyesUp to
6 years
17%
after 18 months
More Info >
  • 17% after 18 months, or 17% plus an additioanl 6% for each six months thereafter provided four FTSE 100 stocks finish equal to or higher than the required kick out level
  • Potential to mature early every six months, from 18 months onwards
  • Kick out level reduces from 100% to 75% over the term
  • Available for NISA, NISA transfer and direct investment
  • Investment deadline NISA transfers - 1 August 2014
  • Investment deadline for direct and NISA by cheque - 8 August 2014
  • Investment deadline for direct and NISA by bank transfer - 13 August 2014
  • Capital is at risk if one or more stocks has fallen by more than 40% at maturity from their starting value, in which case your initial investment will reduce by 1% for each 1% fall of the lowest performing stock
  • Minimum investment £5,000
  • An arrangement fee applies to this plan
  • Product designed to be held for the full term
UK Kick-out PlanAviva plc, Barclays Bank plc, Lloyds Bank plc, and The Royal Bank of Scotland plcyesUp to
6 years
8.1%
per annum
More Info >
  • 8.1% for each year (not compounded) provided the FTSE 100 finishes equal to or higher than its starting value
  • Potential to mature early, from year 2 onwards
  • Available for NISA, NISA transfer and direct investment
  • Investment deadline stocks and shares NISA transfers - 22 August 2014
  • Investment deadline for cash NISA transfers - 29 August 2014
  • Investment deadline for direct and NISA - 12 September 2014
  • Capital is at risk if the FTSE 100 Index falls by more than 50% during the term and finishes lower than 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 Defensive Supertracker PlanMorgan Stanleyyes6 years62%More Info >
  • Return of 3.1 x FTSE 100 growth above 90% of initial level, capped at 62%
  • Available for NISA, NISA Transfer and Direct Investment
  • Investment deadline for NISA transfers - 11 August 2014
  • Investment deadline NISA & non-NISA investments - 18 August 2014
  • 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 100 Defensive Kick-Out PlanInvestec Bank plcyesUp to
6 years
7.75%
per annum
More Info >
  • 7.75% 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 NISA, NISA transfer and direct investment
  • Investment deadline NISA transfers - 12 September 2014
  • Investment deadline for direct and NISA - 26 September 2014
  • 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 Growth Morgan StanleyyesUp to 6 years7.8%
per annum
More Info >
  • 7.8% for each year (not compounded) provided the FTSE 100 finishes at least 95% of its starting value
  • Potential to mature early, from year 2 onwards
  • Available for NISA, NISA Transfer and Direct Investment
  • Investment deadline for NISA transfers - 11 August 2014
  • Investment deadline NISA & non-NISA investments - 18 August 2014
  • Capital is at risk if the FTSE 100 Index falls by more than 50% during the term and finishes lower than 95% of 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
Fixed Coupon Daily Autocall PlanBNP ParibasyesUp to
6 years
20%More Info >
  • 20% fixed return provided three of the largest FTSE 100 companies share prices finish equal to or higher than their starting value
  • Potential to mature early each day, from year 1 onwards
  • Available for NISA, NISA transfer and direct investment
  • Investment deadline NISA transfers - 20 August 2014
  • Investment deadline for direct and NISA by cheque or bank transfer - 1 September 2014
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% at maturity from its starting value, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £5,000
  • An arrangement fee applies to this plan
  • Product designed to be held for the full term
FTSE Kick Out PlanBNP ParibasyesUp to
6 years
7.75%
per annum
More Info >
  • 7.75% for each year (not compounded) provided the FTSE 100 finishes equal to or higher than its starting value
  • Potential to mature early, from year 2 onwards
  • Available for NISA, NISA transfer and direct investment
  • Investment deadline NISA transfers - 20 August 2014
  • Investment deadline for direct and NISA - 1 September 2014
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% at maturity from its starting value, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £5,000
  • An arrangement fee applies to this plan
  • Product designed to be held for the full term
Defensive Enhanced Returns PlanInvestec Bank plcyes6 years66% fixed, or 100% growth in FTSE 100 (no limit)More Info >
  • Target return of 66% gross or 100% of any growth in the Index if higher
  • Alternative collaterised option returning a potential 45%/100%
  • Available for NISA, NISA transfer and direct investment 
  • Investment deadline for NISA transfers - 12 September 2014
  • Investment deadline for direct and NISA - 26 September 2014
  • Capital is at risk if the FTSE 100 Index falls by more than 50% during the term and finishes lower than 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 Step Down Kick Out PlanBNP ParibasyesUp to
6 years
6.2%
per annum
More Info >
  • 6.2% for each year (not compounded) provided the FTSE 100 finishes above 100% of its starting level in year 2, reducing by 5% each year, and down to 80% in the final year
  • Potential to mature early, from year 2 onwards
  • Available for NISA, NISA transfer and direct (non-NISA) investment
  • Inestment deadline for NISA transfers - 3 September 2014
  • Investment deadline NISA & non-NISA investments - 15 September 2014
  • Capital is at risk if the FTSE 100 Index falls by more than 50% during the term and finishes lower than 80% of its starting value, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £5,000
  • An arrangement fee applies to this plan
  • Product designed to be held for the full term
UK Step Down Kick-out PlanAviva plc, Barclays Bank plc, Lloyds Bank plc, and The Royal Bank of Scotland plcyesUp to
6 years
6.3%
per annum
More Info >
  • 6.3% for each year (not compounded) provided the FTSE 100 finishes at or above 100% of its staring value in year 2, reducing by 5% each year after to 80% in year 6 
  • Potential to mature early, from year 2 onwards
  • Available for NISA, NISA transfer and direct investment
  • Investment deadline stocks and shares NISA transfers - 22 August 2014
  • Investment deadline for cash NISA transfers - 29 August 2014
  • Investment deadline for direct and NISA - 12 September 2014
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% 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
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.
Select Growth Funds
Fund ManagerFundFund Manager Initial Charge¹AMC³Select Fund°Fact SheetApply Now
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

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 In 2014/2015, the maximum ISA limit is £15,000 (as of 1st July 2014)
  • You have the option to invest your full allowance in a growth ISA, or invest up to half in a cash ISA and the remaining balance in a growth ISA or another type of stocks and shares ISA. 
  • You can't have more than one type of stocks and shares ISA in any given tax year.

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.

 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.