Legal and General Tracker ISAs
Keep investing simple with ready made tracker funds.
Investment ISAs put your capital at risk & you may get back less than you originally invested.
- Fund Choice: Tracks S&P 500 Index. Passive fund that seeks to mirror as closely as possible the performance of the 500 largest companies by market capitalisation in the USA such as Apple, Google, Tesla, Berkshire Hathaway & Mastercard. Capital at risk.
- Invest From: £25 pm
This is a low cost S&P 500 tracker fund with a 0.07% pa annual charge. The Fund aims to track closely the performance of the 500 largest companies (i.e. companies with large market capitalisation) within the United States market.
- Fund Choice: Tracks S&P 500 Index. Passive fund that seeks to mirror as closely as possible the performance of the 500 largest companies by market capitalisation in the USA such as Apple, Amazon, Tesla, Berkshire Hathaway & Visa. Capital at risk.
- Invest From: £25 pm
- Fund Choice: Tracks FTSE 100 Index. Largest company shares in the index include, Astrazeneca, Glaxosmithkline, HSBC & Diageo. Capital at risk.
- Invest From: £25 pm
A super low cost FTSE 100 tracker ETF fund with a 0.07% pa annual charge. The product has a record of tracking its benchmark to a high degree of accuracy and scored ahead of rivals on this measure.
- Fund Choice: Tracks FTSE 100 Index. Companies in the index include AstraZeneca, NatWest, Standard Chartered & Diageo. Capital at risk.
- Invest From: £25 pm
Low cost tracker with a 0.09% pa annual charge. Provides exposure to the FTSE 100 index of the largest companies listed on the London Stock Exchange at a highly competitive price.
- Fund Choice: Tracks FTSE 100 Index. Capital at risk.
- Invest From: £25 pm
A low cost FTSE 100 tracker with a 0.07% pa annual charge. Tracks the 100 largest listed companies in the UK. A low cost way to invest in this area of the market.
- Fund Choice: Tracks the FTSE 250 Index. The fund invests directly in shares that make up the index such as Direct Line Group, Greggs & Morrisons. Capital at risk.
- Invest From: £25 pm
A low cost FTSE 250 tracker with a 0.12% pa annual charge. Tracks the 250 largest listed companies in the UK. A low cost way to invest in this area of the market.
- Fund Choice: Tracks FTSE 350 Index. Capital at risk.
- Invest From: £25 pm
This is a low cost FTSE 350 tracker fund with a 0.16% pa annual charge. The aim of the Fund is to seek to achieve capital growth for investors by tracking closely the performance of the FTSE 350 Index.
- Fund Choice: Tracks FTSE World Technology Index. Largest 5 holdings of the index include Apple, Microsoft, Google, Facebook & Taiwan Semiconductor Manufacturing. Capital at risk.
- Invest From: £25 pm
Low cost technology fund with a competitive 0.70% ongoing annual charge. A low cost way of investing in shares of global companies engaged in information technology activities, as represented by the FTSE World Technology Index. The fund has significant holdings in Apple and Microsoft.
- Fund Choice: Tracks the MSCI World Index. This index is a market cap weighted index of 1,585 companies throughout the world across 23 countries. Capital at risk.
- Invest From: £25 pm
One of the cheapest world equity exchange-traded funds available makes this a great way for investors to generate performance in line with the world’s major stock markets. This ETF seeks to track the performance of the MSCI World index, comprised mainly of large companies from 23 developed markets. Ongoing charges are 0.2%.
- Fund Choice: Tracks MSCI China Index. The index is made up of the largest stock market-listed companies in China including Tencent, Baidu, Alibaba & China Construction. Capital at risk.
- Invest From: £25 pm
A low cost index tracker fund with an ongoing charge of 0.30% pa provides investors with exposure to the largest companies in China that make up the index.
- Fund Choice: The Fund aims to track the performance of the Solactive L&G Enhanced ESG UK Index. Capital at risk.
- Invest From: £25
Tracks shares in companies that demonstrate good environmental, social and governance efforts and are incorporated or headquartered or which have their principal business activities in the UK.
L&G Tracker Fund ISAs
Index tracker investment funds have become increasingly popular due to increased awareness of investment costs associated with active managed funds over time which do not always perform better.
Why Invest In A Index Tracker Fund Within An ISA?
Some things to consider include:
- Are you looking for a UK tracker fund – Tracker funds in the UK typically follow the FTSE 100 or the FTSE All-Share.
- Can I invest in an international tracker fund – You can also buy tracker funds that follow European, US and Far East indices.You can also get tracker funds that track global indices.
- Are there ethical tracker funds? – Some fund providers offer indices that track indices where companies are excluded that do not meet certain ethical and environmental guidelines. e.g. Legal & General Ethical Trust tracks the UK FTSE 350 excluding shares or companies that do not meet certain ethical standards.
- Charges – The lower the better. the good news is that unlike managed funds most tracker funds have no initial or exit fees.For international trackers you may have to pay a bit more.
- Some providers have a simple interface with clear copy about each investment and its past performances. Make sure you find one that you find easy to use, helpful and clear
Over the last decade the costs of investing in tracker funds have come down considerably. It makes sense to shop around to find the right tracker fund for you.
Frequently Asked Questions
Can I lose money in an index tracker fund ISA?
Your investments will go up and down in line with the index that they track, and so you could lose money in an index tracker ISA.
Are ISA accounts safe?
ISA accounts are authorised and regulated by the Financial Conduct Authority (FCA). This means that all ISA providers are covered by the Financial Services Compensation Scheme (FSCS) for up to £85,000 if they go out of business.
Please note that this may not apply to the underlying holdings within a Stocks and Shares ISA, and will not cover standard investment losses.
Can I have a Joint ISA?
No, ISA stands for Individual Savings Account and must be solely owned for tax purposes.
Can I withdraw my money from an index tracker fund ISA?
Yes, you can withdraw funds from an index tracker ISA at any time. The process will likely take about a week as your investments will need to be sold first.
How do I apply for an index tracker fund ISA?
You can open an index tracker fund ISA online, over the telephone or by post.
You will need to add money to open your account, either by debit card payment or via a Direct Debit contribution.