About investing in this ISA
- My Ethical Select (ISA) is a medium to long-term investment of at least 5 years and ideally 10.
- As with all investments, it's important to be aware that the value can go down as well as up, so you could get back less than you've paid in.
- If you cash in before the end of 5 years there will be a £50 deduction from your cash-in value.
- Performance will depend mainly on movement in global stock markets but also on the value of stocks and shares contained within the fund. As the fund is linked to international stocks and shares your return will also be exposed to movements in the currency markets.
- The fund’s ethical criteria does not reduce the investment risk associated with this form of investment.
- Your own views on ethical investing may change over time and therefore this fund may no longer meet your own personal views of ethical investing.
About tax and ISAs
- Tax treatment depends on individual circumstances. Tax law may change in the future.
- Tax-free means the policy grows free of income or capital gains tax (other than tax that's already paid i.e. on dividends from UK shares).
- There are four different types of ISA - Investment ISA, Cash ISA, Innovative Finance ISA and Lifetime ISA - and you can have one of each in the current tax year.
- The current ISA limit is £20,000 and this is the total you can invest across all types of ISA each year.
If you want more information about the different types of ISAs, our guide might help: