Have you used your ISA allowance?
Deciding which investment funds you want in your ISA portfolio or even which ISA provider to select can be a challenging and time consuming activity with more than 38,000 funds available globally and hundreds of ISAs, it’s easy to feel overwhelmed by too much choice and lack the experience to make the right decisions.
If you want to use your allowance for the 2010/11 tax year or wish to consolidate your existing ISAs and are confused which funds and ISA to choose IFSL Sinfonia and BNP Paribas are offering a simple solution to help you – the BNP Paribas Sinfonia ISA.
The BNP Paribas Sinfonia ISA allows you to invest into the IFSL Sinfonia Portfolios which are an innovative fund-of-funds investment solution where leading investment experts, FundQuest, carefully review, evaluate and select the most appropriate funds for the portfolios. FundQuest’s unique approach and skills ensure that the portfolios are always customised to the needs of the investor by reviewing them on a daily basis to make sure they are performing to expectations and making changes where needed.
Unlike other forms of investment, with an Investment ISA you won’t pay income or capital gains tax on any growth? Remember, tax treatment depends on your individual circumstances and may change in the future.
In line with the new ISA regulations, from 6 April 2010 everyone is now eligible to invest up to £10,200 starting from the 2010/2011 tax year. If you have a partner they can also use their personal allowance, therefore as a couple you could jointly invest a maximum of £20,400 into ISAs, by utilising your individual allowances.
New online application facility
You can now apply for a BNP Paribas Sinfonia ISA using our online site at https://www.investment-tools.co.uk/isa/jml-financial-associates This site will offer you information on the different funds available in the IFSL Sinfonia Portfolios and an easy process to help you choose and apply for the BNP Paribas Sinfonia ISA.
Take a fresh look at your existing ISAs
If you already have existing ISAs with other providers, transferring them to the BNP Paribas Sinfonia ISA could help you to refresh your investments and consolidate all of your investments in one place making them easier to manage.
Transferring your existing ISAs is simple and straightforward, just complete the online process or download an ISA transfer form from the site and complete and return it to me.
The value of your investment can go down as well as up and you may not get back the full amount invested. Investment in stocks and shares do not have the same degree of capital security, which is afforded with a deposit account or cash ISA.
The levels and basis of, and reliefs from taxation are subject to change and their value depends on the individual circumstances of the investor.