The M&G ISA
The M&G ISAWith today’s low interest rates, a stockmarket investment could offer you greater growth potential than a bank or building society account. Investing in a stocks and shares ISA such as The M&G ISA can make even more of this potential as the investment will be free from both personal income and capital gains tax.
When you are investing over the long term, it is also worth remembering the power of 'compounding'. The power of compounding can be explained as follows: any interest earned on your initial investment, also earns interest itself. This effect means that even a small initial investment can grow considerably over time. For example, a fund that grows by an average 8% a year could double your money in just ten years.
Choosing an experienced company such as M&G is key to making the most of this opportunity.
Read on to find out how ISAs work, and how to invest or transfer into The M&G ISA.
Please remember that up to £50,000 of your money is secure in a bank or building society unlike a stockmarket investment (Financial Services Compensation Scheme as at 07.10.08). Prices may fluctuate and you may not get back your original investment. ISA tax rules may change in the future and ISA tax advantages will depend on your individual circumstances. Please note that a rising rate of inflation will have the effect of reducing the actual value of any gain by an equivalent amount.
Find out how current ISA rules apply to you.
Find out how to invest in The M&G ISA.
Find out how you can transfer your ISA to M&G.
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