Skandia MultiFUNDS Ltd SIS ISA

Full product details for the Skandia MultiFUNDS Ltd SIS 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.
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Skandia MultiFUNDS Ltd SIS ISA Features & Benefits

Account TypeInvestment ISA 
Minimum Monthly Investment£99The minimum monthly premium is £99.
Minimum Lump Sum Stocks & Shares ISA Investment£2,500The minimum lump sum investment is £2,500.
Number of Investment Funds1,088 funds 
SharesnoShares are not available within this product.
ISA Initial Charge4.5%The initial charge of 4.5% is deducted from each contribution made and the balance is allocated to the funds selected. Commission can be sacrificed on a 1:1 basis making the standard initial charge lower. There are also fund manager initial charges applicable covered in the 'bid/offer' spread.
ISA Annual Feeup to £68.50 
ISA Transfer In FeenoThere is no additional fee for transfers in but they are subject to receiving a net amount of at least £2,500 after any exit charges and/or penalties have been applied by the transferring ISA manager.
ISA Transfer Out FeenoFull Transfers out are allowed. Partial surrenders are allowed subject to a fully completed form and subject to leaving a minimum residual value of £1,000. Normal surrender terms apply. No additional transfer fee payable. There is currently no charge for Transfers-Out.
Minimum Initial Investment£9999
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