The last few years have been a rocky ride for investors. Given the uncertain economic outlook, there is no one clear route to achieving investment success. And with such a wide choice of investments available, it can be difficult to decide which road to take.
Whichever route you opt for, investing in unit trusts via an ISA is a simple choice, offering a 'tax efficient' way of saving. We offer a range of funds for a variety of investment objectives that could help investors reach their investment destination.
Why consider investing your ISA allowance?
What are the benefits of an ISA wrapper?
What should I know before investing?
Annual ISA Limits for 2011/2012 explained
Ways to invest
Why consider investing your ISA allowance?
With interest rates looking set to remain at record lows, making a return on your savings is currently no easy task. Also with impending Income Tax rises on the horizon and VAT at an all time high of 20%, making the most of the money you can afford to save has never been more important.
This may be the time to consider investing your money in a unit trust via a tax-efficient wrapper which protects any gains* you may receive from Capital Gains Tax. It is important to remember however, stock market investments carry a risk to your money which savings accounts do not. The value of your investment can fall as well as rise and you may get back less than you originally invested.
What are the benefits of an ISA wrapper?
An ISA is a 'tax-efficient' wrapper in which you can hold stocks and shares and/or cash. It also offers the following benefits:
- No Capital Gains Tax is paid on proceeds received from your Stocks & Shares ISA.*
- Higher rate taxpayers may see additional tax benefits through a Stocks & Shares ISA.
- Stocks & Shares ISAs and Cash ISAs do not need to be with the same ISA provider.
- You may transfer your ISA with one provider to another provider at any time.
- Married couples can effectively combine their ISA allowances, split them across two separate accounts, with the same or different providers.
*This information is based on our understanding of tax rules which may change in the future and are dependent on your personal circumstances.
What should I know before investing?
- You must be 18 or over to open a Stocks & Shares ISA or a Cash ISA with Jupiter.
- A tax year runs from 6 April, in one calendar year, to 5 April in the following calendar year.
- Each tax year you can invest up to the maximum ISA allowance set by the Government.
- With the exception of the Jupiter Cash Fund, all Jupiter funds can be held in a Stocks & Shares ISA.
- Stocks & Shares ISAs and Cash ISAs do not need to be with the same ISA provider.
The value of a Stocks & Shares ISA may fall as well as rise and you may get back less than you invested. If you are unsure of any investment decision please contact an authorised Financial Adviser, as Jupiter is unable to give advice.
Annual ISA Limits for 2011/2012 explained
As promised in the June 2010 emergency budget, the Government has increased the ISA allowance to reflect the value of September's Retail Price Index (RPI). In the year to September 2010, the RPI rose by 4.6% but in an effort by the Treasury to ensure the new limit was easily divisible by 12 for monthly payments, the limit was increased even further, enabling investors to save an extra £480 in a tax-efficient wrapper.
Limits for the 2011/2012 tax year increased in line with inflation:
- Up to £10,680 can be invested in a Stocks & Shares ISA with one provider.
- Up to £5,340 of that £10,680 can be invested in a Cash ISA with the remainder invested in a Stocks & Shares ISA with either the same or another provider.
Please note that tax rules may change in the future and are dependent on your personal circumstances. The above is based on Jupiter's understanding of the current tax rules.
Click here to download our Jupiter ISAs explained leaflet.
Ways to invest
Investing with Jupiter is easy, you can call Jupiter Customer Services on 0844 620 7600 and invest over the phone using your Maestro/Delta debit card or alternatively you can invest by fax 0844 620 7603. Please ensure you read the Key Features (incorporating the Simplified Prospectus) prior to investment.
You can also invest by post, downloading the relevant application form below and posting it to the address provided. Please remember to include your cheque, if applicable, made payable to Jupiter Unit Trust Managers Limited.
Jupiter Stocks & Shares ISA Application Form 2011/2012
Jupiter Cash ISA Application Form 2011/2012
Click here for further useful Application Forms and also please note that 2011/2012 Application Forms will be available to order from 7 March 2011 onwards.
Jupiter Customer Services Department
PO Box 10666
CHELMSFORD
CM99 2BG
Jupiter Customer Services are always on hand to answer any questions and provide further information should you require it.
Do you need advice? lf you are unsure about an investment decision you may wish to consult an authorised Financial Adviser as Jupiter is not able to advise on individual financial circumstances.