Multi Manager ISA - The basics

• The Multi Manager ISA allows you to invest in several funds at the same time through one simple investment. A professional fund manager selects, monitors and changes the underlying funds based on set criteria, most notably the investment quality and investment objective of the providers .
• There are three investments in the Multi Manager ISA range, each with its own investment objective: Multi Manager Growth ISA, Multi Manager Income ISA and Multi Manager Balanced ISA.
• Our managers have a large database of funds which are under continuous review. This leads them to personally evaluate the investment management skills of a number of funds in order to make investment decisions.
• Each Multi Manager ISA holds a mix of funds covering many different types of asset, industry sectors and markets. The funds may also be sourced from more than one provider. For example, our Multi Manager ISA may invest in funds managed by well known and respected companies such as Invesco Perpetual, New Star, M&G and others, as well as in our own funds.
• Once you have invested with us you can manage these investments online, anytime.
• ISAs are designed as medium to long term investments of, ideally, at least five years.
• To enhance the potential performance of our Multi Manager ISAs even further, we have introduced a fund management performance fee (please refer to our key information document).
• Both capital and income values may fall as well as rise and are not guaranteed. You may not get back the money you invested.
• Refer to risk factors for the other risks associated with this product.

To find out more about ISAs, read our guides to investing.