Using ISA Allowances

Harnessing tax concessions within an integrated investment strategy.

An Individual Savings Account (an ISA) is a Government authorised scheme offering tax concessions to individual investors, where the investment returns are free from higher rate Income Tax and Capital Gains Tax.

The maximum amount that can be invested in an ISA in one tax year is currently £7,200. (Note: From 6th April 2010 the ISA limit will be increased to £10,200 for all investors. From 6th October 2009 this new limit will be available to those aged 50 years on or before 6th April 2010.)

Many investors have taken advantage of the tax shelter available through Individual Savings Accounts (ISAs).

The WAY Portfolios have, therefore, become an ideal investment solution for both new ISA investors and for existing investors in ISAs.

For Growth - the WAY Portfolios offer investors access to a professionally managed, equity-based growth portfolio which combines the skills of many of the world's leading managers and funds.

For Income - for those looking for a long term equity-based income strategy, the WAY Income Plan offers access to a permanent and highly tax-efficient 'income stream'. The Growth Pool of the WAY Income Plan can be held within an ISA environment so that future rebalancing can take place completely free of Capital Gains Tax.

Investors with large holdings of the WAY Portfolios can enhance their tax effectiveness by a simple and low cost progressive conversion into ISA tax protection by utilising their annual ISA allowance.

WAY Fund Managers Limited will accept new ISA investments as well as transfers from existing ISAs.

Reasons to choose to tax shelter the WAY Portfolios:

International Strategy
The investor may now construct a single global ISA portfolio strategy based solely on investment criteria.

Tax efficiency
Benefit from the tax exemptions available to ISA holders and for ISA transfers, whilst retaining the full tax protection already enjoyed within existing ISAs.

Expertise
Focused investment management which combines the skills of many of the world's leading fund managers and funds.

Simplicity
Consolidation into a single portfolio style ISA will result in far simpler administration and paperwork for all concerned as well as providing straightforward performance monitoring based on published unit prices.