Prudential ISA

Features

Minimum lump sum

£500

Minimum monthly payment

£50

Free withdrawal at any time

Yes

Top ups

Yes

Switch funds

Yes

Number of funds

7

Apply direct

Yes

The Prudential ISA is a tax-efficient stocks and shares Individual Savings Account that offers you a range of funds to invest in.

The Prudential ISA is provided by Capita Financial Investments Limited, who are the ISA Plan Manager. Capita Financial Investments Limited are responsible for all the regulatory and legal aspects of the ISA and the provision of all customer services.

From 1 July 2014, ISAs became a simpler product, the 'New ISA' (NISA), however the product will continue to be called a 'Prudential ISA'.

If you want to invest over the medium to long term and would like the flexibility to select funds that match your risk appetite then this could be for you.

Prudential does not offer a Cash ISA, which is usually more secure than a stocks and shares ISA but tends to offer less potential for higher returns over the medium to long term.

Please remember that the value of your investment may fluctuate and is therefore not guaranteed. You may not get back the full amount of your original investment.

  • By selecting one or more funds that suits your appetite for risk, you can design an investment portfolio that could be just right for you. There are many funds you can invest in, covering a range of potential returns and levels of risk. By creating your own unique combination of funds you can aim to find a mix that you think you're comfortable with.

    Please remember that the value of your investment may fluctuate and is therefore not guaranteed. You may not get back the full amount of your original investment.

  • Many of the funds spread their investments over several assets to try to limit your exposure to the ups and downs of investing solely in stocks and shares. If the value of one sector or type of asset such as stocks and shares goes down, there are others such as bonds that can potentially provide returns. This is sometimes known as multi-asset investing or diversification.

    To read more about different types of assets and their risk levels click where to invest - balancing risk and potential reward.

    Please note that the value of your investment may fluctuate and is therefore not guaranteed. You may not get back the full amount of your original investment.

  • Decide how much you want to invest in each fund.

    In the 2014/15 tax year, from 1 July 2014, you can invest a lump sum from £500 to £15,000 (subject to the ISA allowance), or get started with a direct debit from as little as £50 a month. Pre 1 July 2014, the overall annual subscription limit for these accounts is £11,880 for 2014/15.

    Under the 'NISA' rules you also have new rights to transfer the investments from a stocks and shares to a cash account. Please note that Prudential only offers a stocks and shares ISA and does not offer a cash account.

    Charge free withdrawals of £250 or more are allowed at any time, although please bear in mind that taking income or making withdrawals may affect the returns you get back on your investment.

    You can switch funds whenever you need to without charge. Note that charges may vary in the future.

  • This is a higher risk investment than a bank or building society. In a bank or building society your money is generally secure and readily accessible. Read more about why you might consider investing in shares and not just cash.

    Multi-asset investing

    While many of the funds invest a share of their money in stocks and shares to try and take advantage of higher returns over the longer term most do not invest all of their money there. This is because by investing in other assets, such as bonds, cash and property, the funds are not solely exposed to significant price movements in any single asset. With this approach, rather like putting your eggs in several baskets, the funds aim to smooth your returns when markets are volatile.

  • There are some tax advantages to investing in stocks and shares within an ISA wrapper. Apart from the 10% tax credit applied to dividends, there is no additional income or capital gains tax liability, either within the ISA or for individuals. Please be aware that the impact of taxation (and any tax reliefs) depends on individual circumstances. Information about tax rules is based upon our current understanding, and is liable to change in the future.

    Find out more about investments and taxation.

  • As with other investments in stocks and shares your investment may fluctuate and is not guaranteed. You may not get back the full amount of your original investment. If any income or withdrawals taken are more than any overall growth achieved the value of your investment will reduce below the level of original capital invested.

    • Fact sheet
    • Managers' Final Report
    • PIF1 Aggregate Annual Report
    • PIF1 Interim Report

    Full list of funds

    CF Prudential Cautious Managed Growth Fund
    Facts sheet Managers' Report Investment Fund Annual Report Interim Report (PDF: 124k)
    CF Prudential Managed Defensive Fund
    Facts sheet Managed Defensive Fund Report Investment Fund Annual Report Interim Report (PDF: 125k)
    CF Prudential Cautious Growth Portfolio Fund
    Factsheet Managers' Report Investment Fund Annual Report Interim Report (PDF: 124k)
    CF Prudential Cautious Portfolio Fund
    Factsheet Managers' Report Investment Fund Annual Report Interim Report (PDF: 124k)
    CF Prudential Defensive Portfolio Fund
    Factsheet Managers' Report Investment Fund Annual Report Interim Report (PDF: 123k)
    CF Prudential Balanced Portfolio Fund
    Factsheet Managers' Report Investment Fund Annual Report Interim Report (PDF: 124k)
    CF Prudential Adventurous Portfolio Fund
    Factsheet Managers' Report Investment Fund Annual Report Interim Report (PDF:123k)
    • Fact sheet
    • Managers' Final Report
    • PIF1 Aggregate Annual Report
    • PIF1 Interim Report

If you'd like more information

  • For further information, including factsheets and prices on all the ISA funds, visit fund prices and information.
  • Please read the key investor information documents to find out more on the ISA or alternatively call us on 0844 335 8936.
  • *Calls may be monitored or recorded for quality and security purposes.

  • For more information on ISAs see the guide to ISAs, or see the guide to investments section for more on investing in general.

Read more

Key Investor Information Documents
Withdrawal form
Switching form
Change of Personal Details Form
Prospectus for CF Prudential Investment Funds



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