Mini ISAs

Find out what happened to Mini ISAs...

Mini ISAs no longer exist - they were reclassified under the new tax free savings rules that came into play on April 6 2008.
 

 Product NameISA OptionIncome YieldMore Info
FTSE Income Planyes6.75% pa* 
6 year structured income plan with a fixed annual income return of 6.75%
Investec FTSE 100 Bonus Income Planyes6.50% pa* 
5 year structured investment plan with annual or monthly income options. Potential for additional bonus payments.
5 Year FTSE 100 Income Deposit Plan Option 2yes4.50% pa* 
5 year capital protected deposit plan with an annual yield of 4.50% or a monthly yield of 0.36%. The plan can be used for cash ISA investment or cash ISA transfer.
Royal Deposit ISAyes4.15% pa* 
3 year fixed rate deposit account returning 4.15% a year. Available as Cash ISA.
Schroders Monthly High Income Fundyes
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The Schroder Monthly High Income Fund aims to generate a high income, whilst not compromising capital, by investing in a diversified basket of fixed income securities. 100% Discount off Initial Charges.
Invesco Perpetual Monthly Income Plus Fund ISAyes
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Popular monthly income fund that aims to achieve a high level of income whilst seeking to maximise total return through investing in high yielding corporate and Government bonds, together with UK equities. 100% discount on initial charges.
Henderson Strategic Bond Fundyes
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The aim of this fund is to deliver a quarterly income to investors by investing in higher yielding assets, which will include most types of fixed interest securities such as high yield bonds, investment grade bonds and government gilts, as well as having the ability to invest a proportion of the fund in equities. Income is paid to you quarterly.
Schroders Income Maximiseryes
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The Schroder Income Maximiser Fund ISA aims to deliver a target income yield of 7% pa, also providing potential capital growth. Income is paid to you quarterly. 100% Discount off Initial Charges.
Invesco Perpetual Corporate Bond ISAyes
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This highly popular fund aims to achieve a high level of overall return with relative security to capital. Income Paid to you twice yearly. Up to 100% Discount off the Standard Initial Fund Charge.
Artemis Income ISAyes
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One of the leading UK Equity Income Funds. The Fund managers hunt out companies with strong free cash flow and solid balance sheets. Income is paid to you twice yearly. 100% Discount off the Standard Initial Fund Charge.
Jupiter Corporate Bond Fund ISAyes
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The Jupiter Corporate Bond aims to achieve a high level of income with the opportunity for capital growth, through mainly investing in fixed interest securities. Income is paid to you twice yearly. 87.5% Discount off the Standard Initial Fund Charge.
Invesco Perpetual High Income Fund ISAyes
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One of the UK's most popular income fund ISAs the Invesco Perpetual High Income has delivered consistently good long term returns through a variety of market conditions. Income is paid to you twice yearly. Up to a 100% Discount off the Standard Initial Fund Charge.
M&G Corporate Bond ISAyes
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The M&G Corporate Bond Fund is a conservative ‘blue chip’ sterling fund that aims to produce a higher return than UK government bonds. Income is Paid to you Quarterly. 100% Discount off the Standard Initial Fund Charge.
Jupiter Merlin Income Portfolioyes
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The Jupiter Merlin Income Portfolio fund aims to achieve a high and rising income with some potential for capital growth. Income Distributions are made to you quarterly. 95% Discount off the Standard Initial Fund Charge.
* See details.
†† Income payments are dependent upon the FTSE 100 Index.
Disclaimer (Please Read)

In the past, there were three types of ISA - 

  • Maxi ISA - You could invest up to £7,000 per tax year, either putting the whole amount into stocks and shares, or splitting between cash and stocks and shares, with a maximum investment of £3,000 allowed in the cash component
  • Stocks and Shares Mini ISA - You could invest up to £4,000 per tax year
  • Cash Mini ISA - You could invest up to £3,000 per year

But now there are just two types:

All eligible savers can from 6 April 2010, invest up to £10,200 an ISA - £5,100 of this can held in a cash ISA or the entire amount can be invested into a stocks and shares ISA.

ISAs, like Mini ISAs used to, allow you to save cash or invest in shares without incurring income tax or capital gains tax on the investment or the interest it generates.

Click on the link below to see our top ISA deals in an easy to use comparison table:



Important Note: ISAs are designed as medium to long term investments of, for example, five years or more. For investment ISAs both capital and income values may fall as well as rise and are not guaranteed and you may not get back all the money you invest. Please note that tax laws can change over time and can affect your investment. If you are in doubt you should speak to a financial adviser.

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