What is a Stocks & Shares ISA?

What is a Stocks & Shares ISA?

A StocksStocks, also known as shares or equities, represent units of ownership in a company. & Shares ISA is an individual savings account that lets you invest your money in a tax-efficient way – because you don’t pay any tax on your investment gains. You can invest up to £20,000 each tax year into a Stocks & Shares ISA, and this is shared with any other ISAs you might have – like a Cash ISA or Lifetime ISA.

Learn more about the different types of ISA

What can you invest in with a Stocks & Shares ISA?

Stocks & Shares ISAs let you invest in a range of different assetsAn asset is anything that holds value and which can be bought and sold freely., including fundsFunds, also called ‘tracker funds’, are financial instruments that have been set up to match or ‘track’ the price of a market index. Investing in a fund lets you get exposure to different financial assets like shares and bonds, without having to buy them directly., bondsThe financial world’s version of an ‘I owe you’, bonds can be issued by companies or governments. You’d invest in bonds to receive an annual interest payment, plus the initial value of the bond back when it ‘expires’., and stocks. When you open a Stocks & Shares ISA with Moneybox, you’ll get to choose from one of our three Starting Options.

These are a premade portfolioIf you’re an investor, this is the collection of investments and assets that you’re investing in. of investment funds that take the effort out of choosing where to invest your money. Each one has been built by experts to give you a different level of riskThe potential for loss. Usually, but not always, higher risk assets can have the potential for higher returns. and potential return – Cautious, Balanced, and Adventurous.

But if you want to take more control over your investments, or you have specific things that you want to invest in, you can customise the allocations we give you to access our full fund range. This includes funds for artificial intelligence, the S&P 500, gold, FTSE 100The main stock market index in the UK, the FTSE 100 tracks the performance of the 100 largest companies on the UK stock market., clean energy, gender equality, and more.

Explore our fund range

Plus, Moneybox Stocks & Shares ISA customers have exclusive access to our range of US stocks, enabling you to own shares in companies like Amazon, Apple, NVIDIA, and Tesla directly.

Who can open a Stocks & Shares ISA?

To invest with a Stocks & Shares ISA, you need to be a UK tax resident (and non-US citizen) aged 18 or over.

How to open a Stocks & Shares ISA

If you want to open a Stocks & Shares ISA, we’ve got you covered. Just go to Accounts > Available Accounts > Stocks & Shares ISA to get started.

All investing should be long term (min. 5 years). The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and is subject to change.