Unit Trust Feeder
What is a Unit Trust Feeder?
A Unit Trust Feeder is perfect when you want to invest more than £20,000.
If you have already fully subscribed your ISA allowance in the current financial year, a Unit Trust Feeder enables a smooth process in the interim. The investment capital is initially and fully invested into our range of unit trust funds then, in April of each year, we migrate £20,000 from the ‘Feeder’ account into ISA status until the funds are exhausted.
The St. James’s Place Unit Trust Feeder is available for initial investments of £1,500+ (minimum additional investment: £1,000).
The value of investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
The levels and bases of taxation, and reliefs from taxation, can change at any time and are generally dependent on individual circumstances.