You can choose what kind of fund you'd like to invest in
Choosing an ISA Fund
There is no minimum or maximum investment period and you can access your investment at any time, however our funds are designed for the medium to long term (at least 5 to 10 years). There are maximum investment limits each year.
The value of your ISA, and any income from it, is not guaranteed and can go up or down depending on performance (and currency exchange rate changes where a fund invests overseas). You may not get back the original amount you invested.
Income or Growth?
Income
Growth
Combined Income and Growth
Please note you are unable to take an income from your investment if you are investing monthly.
What's the difference between the Scottish Widows ISA funds?
| Fund Name | Income shares available | Accumulation shares available | Minimum Initial Payment | Minimum Monthly Payment |
|---|---|---|---|---|
| Balanced Portfolio | No | Yes | £1000 | £50 |
| Cautious Portfolio | Yes | Yes | £1000 | £50 |
| Corporate Bond | Yes | Yes | £1000 | £50 |
| Environmental Investor | No | Yes | £1000 | £50 |
| European Growth | No | Yes | £1000 | £50 |
| Global Growth | No | Yes | £1000 | £50 |
| High Income Bond | Yes | Yes | £1000 | £50 |
| Opportunities Portfolio | No | Yes | £1000 | £50 |
| Progressive Portfolio | No | Yes | £1000 | £50 |
| Strategic Income | Yes | Yes | £1000 | £50 |
| UK Growth | No | Yes | £1000 | £50 |
| UK Tracker | Yes | Yes | £1000 | £50 |
We may change the selection of funds we make available.
Compare our ISA funds
Balanced Portfolio
The Balanced Portfolio Fund aims:
- To give long-term capital growth by investing mainly in multi manager funds.
- The fund will invest in a balance of equity and fixed interest security funds (the fixed interest security funds will invest mainly in high quality fixed interest securities, including corporate bonds). The equity and fixed interest security funds will invest in UK and overseas markets.
- The funds are currently provided by Scottish Widows Investment Partnership and the Russell Investment Group.
The fund has a target weighting of 50% in fixed interest securities and 50% in equities.
For details of all the risks and charges applicable to the Balanced
Portfolio Fund please read our Key
Features incorporating a Simplified Prospectus and ISA Terms
and Conditions.
Scottish Widows ISAs are a single or monthly payment investment which can fluctuate in value and, while readily accessible, are designed for the medium to long term (at least 5 to 10 years).
Cautious Portfolio
The Cautious Portfolio Fund aims:
- To give income, with the potential for some long-term capital growth, by investing mainly in multi manager funds.
- The fund will invest at least 80% in fixed interest security funds (investing mainly in high quality fixed interest securities, including corporate bonds), with a low proportion in equity funds. The fixed interest security and equity funds will invest in UK and overseas markets
- The funds are currently provided by Scottish Widows Investment Partnership and the Russell Investment Group.
The fund has a target weighting of 85% in fixed interest securities and 15% in equities.
For details of all the risks and charges applicable to the Cautious
Portfolio Fund please read our Key
Features incorporating a Simplified Prospectus and ISA Terms
and Conditions.
Scottish Widows ISAs are a single or monthly payment investment which can fluctuate in value and, while readily accessible, are designed for the medium to long term (at least 5 to 10 years).
Corporate Bond
The Corporate Bond Fund aims to give either an income or growth (when income is kept within the fund). It does this by investing mainly in high quality corporate bonds and other fixed interest securities issued primarily by companies operating in the UK. The fund may also invest in Europe.
For details of all the risks and charges applicable to the Corporate
Bond Fund please read our Key
Features incorporating a Simplified Prospectus and ISA Terms
and Conditions.
Scottish Widows ISAs are a single or monthly payment investment which can fluctuate in value and, while readily accessible, are designed for the medium to long term (at least 5 to 10 years).
Environmental Investor
The Environmental Investor Fund aims to give long term capital growth by investing in companies, mainly in the UK, which show a positive commitment to the protection and preservation of the natural environment.
For details of all the risks and charges applicable to the Environmental
Investor Fund please read our Key
Features incorporating a Simplified Prospectus and ISA Terms
and Conditions.
Scottish Widows ISAs are a single or monthly payment investment which can fluctuate in value and, while readily accessible, are designed for the medium to long term (at least 5 to 10 years).
European Growth
The European Growth Fund aims to give long term capital growth by investing in a wide portfolio of mainly Continental European company shares.
For details of all the risks and charges applicable to the European
Growth Fund please read our Key
Features incorporating a Simplified Prospectus and ISA Terms and
Conditions. Scottish
Widows ISAs are a single or monthly payment investment which can
fluctuate in value and, while readily accessible, are designed
for the medium to long term (at least 5 to 10 years). Apply
now
Global Growth
The Global Growth Fund aims to give long term capital growth by investing in a wide portfolio of mainly company shares in any geographical area, including the UK.
For details of all the risks and charges applicable to the Global
Growth Fund please read our Key
Features incorporating a Simplified Prospectus and ISA Terms
and Conditions.
Scottish Widows ISAs are a single or monthly payment investment which can fluctuate in value and, while readily accessible, are designed for the medium to long term (at least 5 to 10 years).
High Income Bond
The High Income Bond Fund aims to give either an income or growth (when income is kept within the fund). It does this by investing primarily in corporate bonds and other fixed interest securities issued by companies and governments operating in the USA, the UK and Europe. The majority of the fund will be in securities with a higher than average risk.
For details of all the risks and charges applicable to the High
Income Bond Fund please read our Key
Features incorporating a Simplified Prospectus and ISA Terms
and Conditions.
Scottish Widows ISAs are a single or monthly payment investment which can fluctuate in value and, while readily accessible, are designed for the medium to long term (at least 5 to 10 years).
Opportunities Portfolio
The Opportunities Portfolio Fund aims:
- To give long-term capital growth by investing mainly in multi manager funds.
- The fund will invest at least 80% in equity funds with a low proportion in fixed interest security funds (the fixed interest security funds will invest mainly in high quality fixed interest securities, including corporate bonds). The equity and fixed interest security funds will invest in UK and overseas markets.
- The funds are currently provided by Scottish Widows Investment Partnership and the Russell Investment Group.
The fund has a target weighting of 90% in equities and 10% in fixed interest securities.
For details of all the risks and charges applicable to the Opportunities
Portfolio Fund please read our Key
Features incorporating a Simplified Prospectus and ISA Terms
and Conditions.
Scottish Widows ISAs are a single or monthly payment investment which can fluctuate in value and, while readily accessible, are designed for the medium to long term (at least 5 to 10 years).
Progressive Portfolio
The Progressive Portfolio Fund aims:
- To give long-term capital growth by investing mainly in multi manager funds.
- The fund will invest up to a maximum of 85% in equity funds with a moderate proportion in fixed interest security funds (the fixed interest security funds will invest mainly in high quality fixed interest securities, including corporate bonds). The equity and fixed interest security funds will invest in UK and overseas markets.
- The funds are currently provided by Scottish Widows Investment Partnership and the Russell Investment Group.
The fund has a target weighting of 75% in equities and 25% in fixed interest securities.
For details of all the risks and charges applicable to the Progressive
Portfolio Fund please read our Key
Features incorporating a Simplified Prospectus and ISA Terms
and Conditions.
Scottish Widows ISAs are a single or monthly payment investment which can fluctuate in value and, while readily accessible, are designed for the medium to long term (at least 5 to 10 years).
Strategic Income
The Strategic Income Fund aims to give either an income or growth (when income is kept within the fund). It does this by investing primarily in UK and European corporate bonds and other fixed interest securities. The majority of the fund will be in high quality securities but a significant proportion will be in securities with a higher than average risk.
For details of all the risks and charges applicable to the Strategic
Income Fund please read our Key
Features incorporating a Simplified Prospectus and ISA Terms
and Conditions.
Scottish Widows ISAs are a single or monthly payment investment which can fluctuate in value and, while readily accessible, are designed for the medium to long term (at least 5 to 10 years).
UK Growth
The UK Growth Fund aims to give long term capital growth by investing in a wide portfolio of mainly UK company shares.
For details of all the risks and charges applicable to the
UK Growth Fund please read our Key
Features incorporating a Simplified Prospectus and ISA Terms
and Conditions.
Scottish Widows ISAs are a single or monthly payment investment which can fluctuate in value and, while readily accessible, are designed for the medium to long term (at least 5 to 10 years).
UK Tracker
The UK Tracker Fund aims to give long term capital growth by aiming to track the capital performance of the UK equity market, as currently represented by the Financial Times Stock Exchange 100 Index. The fund normally invests in all of the companies included in the Index.
For details of all the risks and charges applicable to the
UK Tracker Fund please read our Key
Features incorporating a Simplified Prospectus and ISA Terms
and Conditions.
Scottish Widows ISAs are a single or monthly payment investment which can fluctuate in value and, while readily accessible, are designed for the medium to long term (at least 5 to 10 years).
Multi Manager Funds
* Source: Russell Investment Group February 2008
