The Healthy Investment Ethical Stocks and Shares ISA comes with capital and growth guarantees to ensure that you receive back the initial investment plus all the bonuses that have been added to your ISA providing the money is withdrawn on one of the key anniversary dates.
The first guarantee anniversary date is on the 10th anniversary of opening the ISA and every 5th year after that.
The initial investment plus any bonuses that have been added is also guaranteed to be paid out on the death of an investor, something we find our older investors value.
Money invested in a Healthy Investment Ethical Stocks & Shares ISA is invested in our Ethical With-profits Fund which has a diversified mix of assets including stocks and shares, government and corporate bonds, commercial property and some cash deposits.
Our With-profits Fund does not invest in the tobacco, alcohol or armaments industries or gambling and adult entertainment providers.
Importantly our investment managers ensure that any investments made are in companies that can demonstrate responsible business practices.
No tax is paid on interest received in a cash ISA. This may sound attractive but the reality is that it has become less so after a long period of low interest rates. As the first £1,000 of interest income received is now tax-free, an investor would need to have significant amounts in a cash ISA to benefit from its tax status.
However, Stocks and shares ISAs offer significant benefits. No capital gains tax is charged within an ISA. This could mean that an individual can avoid tax on realised gains whether they are a basic rate or higher-rate taxpayer. Additionally, while the first £2,000 of dividends received outside a stocks and shares ISA are tax-free, above that they are taxed at 7.5% or 32.5%. Within an ISA, there is no dividend tax. These benefits could make a significant difference to income over the long term.
For added peace of mind and re-assurance 100% of your investment with Healthy Investment is covered by the Financial Services Compensation Scheme unlike cash deposits with banks and building societies where it is currently limited to £85,000 per individual.
In times of uncertainty there are significant benefits to be had from a diversified portfolio of investments. At Healthy Investment your money is invested in a mix of stocks and shares, corporate and government bonds, commercial property and some cash deposits.
The aim of the fund is to provide a consistent return by smoothing the investment return to avoid volatile fluctuations in the value of your investment. This smoothing may not protect you against long term or sustained falls in the value of investments but has already proved to be a valuable feature during the current turmoil in investment markets.
Healthy Investment is an independent mutual Friendly Society. There are no shareholders to satisfy or benefit from your investment. Everything we do is for the benefit of our members who all share in our success through personal service and attractive investment performance.
