Full product details for the Avalon Freedom ISA savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
The minimum monthly premium is £80, with a minimum of £40 per existing fund. Equities and investment trusts are not available through a monthly savings scheme.
Minimum Lump Sum Stocks & Shares ISA Investment
£1,000
The minimum stand alone single premium is £1,000, with a minimum investment of £500 per fund.
Number of Investment Funds
Unlimited
Avalon Investments provide a choice of virtually any eligible unit trust, OEIC or Investment Trust offered in the UK. Any fund that is approved by HMRC can be held in an ISA. Avalon can also offer a range of ETFs, ETCs, Gilts, bonds, Investment trust warrants and futures.
Shares
yes
Shares are available within this product.
ISA Initial Charge
1 to 4
The initial charge is 1% for when investing directly through Avalon. If investing through an IFA the initial charge is up to 4%.
ISA Annual Fee
0.5%
There is an annual management charge of 0.5% (paid in monthly instalments).
ISA Transfer In Fee
no
There are no additional transfer in fees.
ISA Transfer Out Fee
£25
There is a transfer out fee of £25.
Minimum Initial Investment
£80
80
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Minimum Monthly Investment
£80
The minimum monthly premium is £80, with a minimum of £40 per existing fund. Equities and investment trusts are not available through a monthly savings scheme.
Minimum Lump Sum Stocks & Shares ISA Investment
£1,000
The minimum stand alone single premium is £1,000, with a minimum investment of £500 per fund.
Minimum Initial Investment
£80
80
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