Common questions

How much can I invest?
The minimum initial investment you can make in the Capital Protected Investment is £3,000. If you are investing directly (i.e. not via an ISA) there is no maximum investment.

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Can I invest via an ISA?
Yes. If you are investing via a Stocks and Shares ISA, the maximum amount you can invest is £7,200 (less any investment in a Cash ISA in the same tax year).

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Can I transfer in existing ISAs?
Yes. You can transfer existing Stocks and Shares ISAs. Applications for this transfer must be received by 5 September 2008. Your investment will remain in an ISA wrapper and any returns will not be subject to any tax.

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Does the investment grow tax free?
If you are investing via an ISA, any growth or withdrawals will be free from Income Tax and Capital Gains Tax. If you are investing directly, growth will be subject to Capital Gains Tax. You may be able to use your Capital Gains annual tax exemption to reduce any tax payable.

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How long do I have to invest for?
In order to protect your original capital in full, you must invest until 8 October 2013, which is the end of the 6 year investment term.

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Can I get access to my money?
Yes. You can sell a minimum of £500 worth of shares at any time but you must retain at least £500 worth in the Fund. If you sell before 8 October 2008, you may get back less than your original investment.

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What happens when the investment ends?
We will contact you with the options at least a month before the Protection Date.

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Is my money safe?
Your original capital is protected provided your investment remains in place until the Protection Date on 8 October 2013. However, you should bear in mind that inflation may reduce the buying power of your money in the future.

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Are there any charges?
Yes, there are some charges. The Details of Terms will show you the exact level of charges that apply to the Fund. You will receive this during the application process.

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How will I be kept up to date on my investment?
Every six months we'll send you a statement and valuation for your investment. You can also get an up-to-date valuation at any time by calling us on 0117 940 3848.

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