Natwest ISA
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
Natwest ISA is a way to save £7,200 every tax year without paying income tax or capital gains tax on the returns. One has the option to save up to £7,200 in a stocks and shares Natwest Individual Savings Account, including up to £3,600 in cash. Natwest offers various options to investors, depending upon whether one wants to save in cash, stocks and shares or both.[br]
Natwest ISA: Various Options
Natwest Individual Savings Account lets one invest and save in a tax efficient manner through various options.
Natwest Cash ISA: This Natwest ISA works like a regular savings account, except that one need not pay taxes on the income and returns. Natwest allows the transfer of ISAs from other service managers to its cash or stocks and shares ISAs. However, you will lose the tax benefits if you withdraw money from the cash ISA. You can opt for this Natwest Individual Savings Account if you have short-term investment objectives.[br]
Stocks and Shares ISAs: A stocks and shares Natwest ISA offers higher potential for growth than a Cash ISA. A stocks and shares ISA is a good investment option for medium- to long-term investment. Natwest offers a choice of managed funds that are managed through a group of specialist fund managers. The company offers Cautious Growth Fund for cautious investors. One can invest in this plan for as low as £1,000. The company offers Income Funds for investors who look for regular income growth and long-term capital growth. If you want to spread risks and expect high growth potential, you can opt for Natwest’s Balanced Growth Fund. If you are an adventurous investor looking for great returns, you should consider the bank’s Adventurous Growth Fund. If you want to select your funds on your own, you can opt for Natwest’s Self Select ISA. You can choose from 800 funds that the bank offers.
Natwest has an expert company to manage the allocation of assets and another company to evaluate the performance of its fund managers. Whichever Natwest ISA plan you choose, you should first understand the risks associated with investing in the capital markets.
