My UK Tracker Choice (ISA)

A very British investment

My UK Tracker Choice (ISA)

Invest in our UK Tracker fund from only £10 a month

A glance at My UK Tracker Choice (ISA)

The ISA is a very British, well-known tax-free way of saving or investing for that long term savings goal. You might be looking to put money away for a dream holiday, a new car or even the infamous rainy day and we get plenty of those in the UK.

Take a look below at a summary of what you need to know about My UK Tracker Choice (ISA). For further information on how this investment could work for you click on The detail tab.

Investment features What you need to consider
  • Invest tax-free using your Investment ISA allowance from just £10 a month, lump sums from £100 or a combination of both.
  • Once you have set up My UK Tracker Choice (ISA) you can cash in or raise, lower, stop and restart payments at any time.
  • Your money will be invested in a My Choice policy within a Scottish Friendly ISA which will invest in the UK Tracker fund.
  • The UK Tracker fund is a higher potential risk and return investment linked to an index of the UK stock market. The index includes shares of well-known high street brands and companies listed in the UK.
  • The UK Tracker fund gives you the long term growth potential of the UK stock market.
  • Your cash in value can fall and rise on a daily basis and you are not guaranteed to get all your money back.
  • You should consider this a medium to long-term investment for a period of at least five years and ideally ten.
  • The UK Tracker fund’s performance will be mainly dependent on the movement in the UK stock market.

Tax information

Tax Information
  • Tax treatment depends on your individual circumstances. Tax law may change in the future.
  • Tax-free means the policy grows free of income and capital gains tax (other than tax that's already paid, i.e. on dividends from UK shares).
  • You can have one Cash ISA, one Innovative Finance ISA and one Investment ISA in each tax year. You can have as many policies as you like within your Investment ISA provided you do not exceed the annual ISA limit. The maximum you can invest in a Investment ISA is £15,240 in the current tax year less any amounts subscribed to a Cash ISA and/or Innovative Finance ISA with another ISA manager.
  • To apply you must be a UK resident aged 18 or over.
 

Scottish Friendly does not offer advice therefore no advice has been provided in relation to this plan. If you are in any doubt as to whether this plan is suitable for you, you should contact a financial adviser for advice. If you do not have a financial adviser, you can get details of local financial advisers by visiting www.unbiased.co.uk. Advisers may charge for providing such advice and should confirm any cost beforehand.


A very British investment

As you may know, the ISA is a very British way of saving or investing tax-efficiently for the future. So if you have a savings goal in mind as to what you’d like to put money aside for, be it a special holiday, that new car or just a rainy day, this ISA could be just your cup of tea.

In addition to the well-known Cash ISA and the new Innovative Finance ISA, you can also have an Investment ISA which is what we offer here at Scottish Friendly. Our very British My UK Tracker Choice (ISA) invests in our UK Tracker fund which tracks well-known high street brands and companies listed in the UK. You might recognise a few of the names; Tesco, BskyB and BT. For more information on the UK Tracker fund click on the Fund tab.

Affordability you control

We’d all like to have more money and from £10 a month or a £100 lump sum, you could be better off in the future. You don’t need to break the bank - by investing a little each month, in five to ten years’ time you could have a lump sum of money to do with as you please.

You’ve also got complete control. You can choose to stop payments for a while if the need arises and then restart them again at a time to suit you. You can also raise or lower your premiums when your pocket allows. And for those unforeseen circumstances, you can withdraw your cash at any time.

You can register for My Plans, our online system, which allows you to manage your Scottish Friendly ISA at a time that suits you. It's mobile friendly too allowing you to always be in control, wherever you have internet access.

Tax treatment depends on individual circumstances which may change in the future. Stock market investments can go down as well as up and you could get back less than you have paid in.


Want to increase your payment each year?

Once you’re in a regular investment habit, you might want to try to invest a little more each year to take inflation into account or simply because you’d like to reach your goal that little bit sooner. Another feature of our My UK Tracker Choice (ISA) is the option to automatically increase your payments each year by a rate to suit you. You have the choice to increase by 2.5%, 5% or 10% each year, for as long as you wish.

In order to check what your monthly premiums would be each year for the first 10 years, by applying a yearly increase rate, check out our handy tool below:

 

Remember your monthly premium will continue to increase past year 10, however you have the ability to change or stop your payment increase at any time.


A welcome gift just for you

As a welcome to Scottish Friendly, when you start investing, you’ll receive a £25 My Rewards card. This is specific to Scottish Friendly and can be redeemed for gift cards at over 55 UK retailers such as M&S, Amazon, Next, John Lewis and many more. We reserve the right to limit to one gift per ISA.


Ready to apply now?

If you like the sound of a very British investment and would like to apply for a My UK Tracker Choice (ISA) now, we have a straight-forward application process.

Make sure to read over the Key Features document, it’s always handy to print or save a copy for future reference. Then click on the Apply online now button below and complete our easy 4 step application form.

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The UK Tracker fund

A very British investment needs a very British fund. You’ll be investing in our UK Tracker fund, which is a higher potential risk and return fund and as the name suggests invests in companies listed in the UK stock market. You may recognise some of them, including Tesco, BSkyB, BT and the very British Marks & Spencer.

Take a look at some of the benefits and the things you need to consider with our UK Tracker fund:

UK Tracker fund benefits What you need to consider
  • A higher risk and reward investment linked to an index of the UK stock market. It is designed to link to well known high street brands and companies listed in the UK.
  • Give your money the long term growth potential of the UK stock market.
  • Your cash in value can rise and fall on a daily basis and you could get back less than you have paid in.
  • The fund's performance will be mainly dependent on the movement in the UK stock market.

For an idea of what you might get back take a look at our handy tool on the How your money could grow tab.


Invest now in our UK Tracker fund

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Take a look at what you might get back

We can’t predict the future or the UK stock market but we can give you a rough idea of what you might get back when you start a My UK Tracker Choice (ISA) with Scottish Friendly.

Use the sliders below and click Calculate to see what it might achieve within the UK Tracker fund. You’ll see three projections at different potential rates of growth, returns could be higher or lower than these values and are subject to the maximum rates specified by the Financial Conduct Authority.

 

If you’d like to see what you might get back by making a lump sum investment you can see an example of this in the Key Features.


Apply online now for our
My UK Tracker Choice (ISA)

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