ISAs

Investment Trust brochure
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The Baillie Gifford Investment Trust ISA allows you to invest in the stock market through all eight of the investment trusts we manage.  

How our Investment Trust ISA works
Your maximum ISA allowance is currently £7,200 in each tax year. You can invest monthly from £100, or make one off payments from £1,000 per trust, subject to a minimum investment of £2,000. The guide opposite contains the information and application forms you need.  You should view an ISA as a long term investment.

Please take the time to read the information below on the recent ISA restructure and how this may affect you. 

You can now also open and manage your ISA online, through our Online Management Service.

Remember, the price of shares may fall as well as rise and you may not get back the amount you invested. Where a trust invests overseas, exchange rates can also affect value and income. Current tax rates and reliefs and the tax treatment of ISAs may change. The value of any tax benefits will depend on investors' individual circumstances.

You can visit our Investment Trusts section for more information on the trusts we manage including details of risks. You should read and retain a copy of the Key Features and Terms & Conditions of the ISA before making any investment decisions. We would recommend that you print these out for future reference. 


A simplified ISA regime 

From 6 April 2008, ISAs became simply that - ISAs. With no Maxi or Mini distinctions, just a cash account or a stocks and shares account. Other changes are:

  • the maximum investment limit has been increased - you can now invest up to £7,200 in a stocks and shares ISA.
  • PEPs became ISAs on the 6 April so you are now able to transfer your old PEP holdings into an ISA and consolidate your holdings.
  • and, if you have any cash account ISAs, you may now transfer these into a stocks and shares ISA.


Are there any charges?

The ISA itself has a flat-rate annual management charge of £32.50 plus VAT irrespective of the number of trusts in which you invest or the amount you invest. There are also charges for withdrawals and transfers. The investment trusts incur costs in managing and administering their portfolios - these costs are paid directly by the trusts from their assets. Please read the Key Features of the ISA for more details on charges and how they might affect your investment.