Unit trusts are an important investment vehicle as they can include a stocks and shares ISA, offering potential capital growth or income over the medium to long term.
Unit trusts can include a variety of financial assets such as stocks, property and bonds, and are managed by professional fund managers. When they form part of a stocks and shares ISA, they deliver the potential benefits of stock market investment without being subject to either income or capital gains tax.
Investment in unit trusts should not be seen as a short term exercise, but rather a means of benefiting from potential growth over the medium to long term. They also offer a means to use your capital gains tax allowance as part of efficient tax planning and can be used in conjunction with a trust* as an alternative investment solution on behalf of children.
Remember that before investing in a unit trust, you should review the following documents:
It’s also important to note that the details surrounding your tax liabilities and reliefs can change periodically, and will depend on your individual situation.
The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select which means that the value can go down as well as up. You may get back less than you initially invested.
The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on your individual circumstances.
*Trusts are not regulated by the Financial Conduct Authority