What is a Stocks & Shares ISA?
Contributor John GalateriaDr David Kelly
Chief Global Strategist and Head of Global Market Insights Strategy
United States
David provides valuable insight and perspective on the economy and markest to thousands of financial advisors and their clients.
More about ISAs
Other articles related to this topic:
ISA investment limit
Becase of their tax advantages, there is a limit to how much you can invest in an ISA each year. In the 2014/15 tax year the maximum you can invest in an ISA is $15,000
What you can invest in
A Stocks and Shares ISA is designed to help individual savers participate in the performance of stockmarkets. This means that your ISA savings can be in a wide range of investments, including:
- Managed funds – professionally managed funds that invest in the shares of many companies
- Investment trusts – similar in aim to investment funds but structured as private limited companies
- Corporate and government bonds – useful for providing an income from your investments
- Individual company shares – alternatively, you can invest some of your ISA allowance in the shares of individual companies listed on the main UK stockmarket
Investors should carefully consider the investment objectives and risks as well as charges and expenses of a mutual fund or ETF before investing. The prospectus contains this and other information about the mutual fund or ETF and should be read carefully before investing. To obtain a prospectus for Mutual Funds: Contact JPMorgan Distribution Services, Inc. at 1-800-480-4111 or download it from this site. Exchange Traded Funds: Call 1-844-4JPM-ETF or download it from this site.
Investing involves risk, including possible loss of principal. Investment returns and principal value of an investment will fluctuate so that an investor"s shares, when redeemed, may be worth more or less than their original cost. Shares are bought and sold at market price which may be higher or lower than the net asset value (NAV). Brokerage commissions will reduce returns.
Opinions and statements of financial market trends that are based on current market conditions constitute our judgment and are subject to change without notice. We believe the information provided here is reliable but should not be assumed to be accurate or complete. The views and strategies described may not be suitable for all investors. J.P. Morgan Funds are distributed by JPMorgan Distribution Services, Inc., which is an affiliate of JPMorgan Chase & Co. Affiliates of JPMorgan Chase & Co. receive fees for providing various services to the funds. JPMorgan Distribution Services, Inc. is a member of FINRA/SIPC.
J.P. Morgan Funds ETF products are distributed by SEI Investments Distribution Co., which is not affiliated with J.P. Morgan Chase & Co. or any of its affiliates. SEI Investments Distribution Co. is a member of FINRA/SIPC. J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. Those businesses include, but are not limited to, J.P. Morgan Investment Management Inc., Security Capital Research & Management Incorporated and J.P. Morgan Alternative Asset Management, Inc.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
Diversification does not guarantee investment returns and does not eliminate the risk of loss.