Choosing funds for your ISA this year
By Emma-Lou Montgomery, Fidelity Personal Investing
Whether you're happy doing your own ISA research, want some ideas to get you started or would like a bit more support along the way, Fidelity can help you make the most of this year's ISA investment.
Many people like the idea of investing in funds when it comes to their ISAs, as it takes time and effort to research a selection of individual shares. With a fund, you get automatic access to lots of different types of investments – such as bonds, property and shares – spread across sectors and potentially even continents.
It means that you are instantly making sure you don't have all your eggs in one basket. You're spreading your risk and, with many funds, you'll benefit from the experience of the managers running them.
However, there is a fly in the ointment. There are thousands of funds to choose from, so it can still be difficult to work out where to invest your money. The good news is that you are not alone. Whatever level of support you'd like, Fidelity can help you make the most of your ISA opportunity.
I'm fine, I can do it myself
If you like being in the driving seat, we'll put you firmly in control. This is because we don't just sell our own Fidelity funds, we give you access to funds from over 100 investment companies.
When it comes to your ISA, the world is your oyster. There are funds focusing on the UK's biggest 'blue chip' companies, up-and-coming smaller companies in the United States, emerging markets, mining stocks, biotech, gold – and that's still just the start.
With our Investment Finder you can search this range to find the funds, shares, exchange traded funds or investment trusts you're interested in. There are lots of filters to choose from, including fund manager, asset class, active or passive, sector, fund charges and Morningstar rating.
I'd like a little help getting started
If you're happy making decisions, but would like to tap into our expertise to help you get started, there's our Select 50.
This range of funds is divided into eight categories and each one contains a small selection of our favourite funds that our team has researched and believes offers great investment opportunities.
Many of these funds even come with a specially-negotiated discount, so more of your money can work hard for you.
I want some more support
With our PathFinder tool, we'll help you choose a multi-asset fund based on what matters to you. It's the quicker and easier way to start investing in your ISA.
You just have to decide whether you're investing for income or growth and what level of risk you're comfortable with. (If you're not sure about this, we even have a tool that will help you get to grips with it). We'll then highlight one or two multi asset funds that you could consider. A multi-asset fund holds a selection of other funds picked by our experts, who handle the day-to-day management and make changes whenever necessary. So, all you need to do is ensure the one you choose continues to meet your needs over time.
A world of investment opportunity is available to you. So, make sure you put this year's ISA allowance to good use.
The value of investments, and the income from them, can go down as well as up, so you may get back less than you invest. Tax treatment depends on individual circumstances and all tax rules may change in the future.
Investors should note that the views expressed may no longer be current and may have already been acted upon.
Please note that these guidance tools and Select 50 are not a personal recommendation to buy funds or any type of investment. Equally, if a fund you own is not on the Select 50, we're not recommending you sell it. You must ensure that any fund you choose to invest in is suitable for your own personal circumstances.
If you need additional help, please speak to an authorised financial adviser. You should regularly reassess the suitability of your investments to ensure they continue to meet your attitude to risk and investment goals.