What is an ISA?
An ISA allows you to invest tax-efficiently up to £20,000 in the 2021/22 tax year. An ISA is an account that acts as a wrapper to hold a range of different savings and investments. The right ISA for you depends on your goals and your attitude towards risk.
Why choose a BMO Investment ISA?
Let's talk about risk
There’s an element of risk involved with a stocks and shares investment ISA. The value of your investments can go down as well as up and you may get back less than you originally put in. You need to be aged 18 or over and be a UK resident, and you should consider this as a longer-term investment. Tax allowances and the benefits of tax-efficient accounts are subject to change and tax treatment depends upon your individual circumstances.
Invest in a BMO ISA through our 10 investment trusts
Choose a BMO Investment ISA to invest in our diverse range of Investment Trusts. Your money is pooled together along with other investors’ money in one big pot known as a fund. A fund manager then buys shares or assets with the money. Our 10 investment trusts provide a wealth of investment opportunities, including equities, bonds, property, and private equity.
Each trust has unique goals and strategies. Choose a trust focused on capital growth, or aim for income, or one that covers both. Some invest in regional companies, while others take a global approach, and invest in companies all over the world.
A cost effective way to invest
Invest from as little as £25, with no dealing charges on investments made by a monthly direct debit. One-off contributions, sales and switches can be made online without any dealing charges. If you need to send instructions via post, there will be a £12 charge for each fund selected.
How can I open a BMO Investment ISA?
Investing in a BMO Investment ISA is straightforward.
How can I transfer my ISA to BMO?
Switching your ISA to us is easy, all you need to do is complete a transfer form and we will take care of the rest. The process can take between four and six weeks.
If you’re looking to transfer money you’ve invested in an ISA during the current year, you must transfer all of it. For investments you’ve made in previous years, you can transfer some or all your savings.