Individual Savings Account (ISAs)
What is an Individual Savings Account (ISA)?
An ISA is a 'wrapper' in which you can put different types of investments (components)
without having to pay tax on the investment growth or interest produced in the case
of the Rathbone Ethical Bond Fund. You can hold up to three components within an
ISA: stocks and shares (including unit trusts), cash and life insurance.
What is a RUTM ISA?
When you invest in a RUTM ISA, your money will buy units in one or more of our unit
trusts. The monies are then invested in accordance with the fund's investment objectives.
The aim of our ISA (Individual Savings Account) is to generate income and/or capital
growth within a tax-efficient environment.
RUTM does not offer a cash or life insurance ISA. To find out information about
what types of ISA are available please see
Additional ISA Information for 2011/2012.
For the Rathbone Strategic Bond Fund ISA, please see the Supplementary Information
Document and the appropriate Key Investor Information Document (Retail). Charities, Pensions, ISAs and non-taxpayers can reclaim 20% tax on interest
distributions within the Rathbone Ethical Bond Fund.
RUTM ISA Monthly Savings Plan
The RUTM ISA is also available in a monthly savings plan with a minimum investment
of £100 per month subject to the following investment limits (depending on
the tax year):
In the 2011/2012 tax year (from 5 April 2011), the limits have been raised to £10,680
(£890 per month) for all eligible investors.
Changes implemented in April 2008
From 6th April 2008 the Government changed the rules on ISAs aiming to make them
simpler and more flexible. Mini and Maxi ISAs and ISA no longer existed but customers
continued to be able to invest in either a cash ISA or a stocks and shares ISA or
both. To better understand how this affected your investment in our Unit Trusts
we put together a guide to discuss some commonly asked questions in more detail.
Download the Q&A.
Document(s) to download for 2011/2012 tax year (to 5th April 2012):
* This document should be read in conjunction with the Simplified Prospectus.
** This document should be read in conjunction with the Key Investor Information Document (Retail) and the Supplementary Information Document.
*** Please ensure you have read the Supplementary Information Document.
RUTM has an ISA wrapper for each of the following unit trusts: