Making regular monthly contributions to your investments as part of a savings plan can help them grow into a sizeable sum over the long term, even if you’re only investing a small amount.
Investing smaller sums on a regular basis might also mean you can start investing sooner, giving you time to take advantage of the growth potential of compounding and the markets themselves.
Remember that 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.
A regular savings plan will allow your investments to benefit from:
Long-term growth potential
You may be surprised at how much even small amounts can grow to over a number of years. The table below shows how an investment can grow over time, assuming growth of 4.5%, ongoing charges of 0.95% and a typical service fee of 0.35% a year*.
These figures are for illustration, the growth rate isn't guaranteed and you could get back less than you invest.
*Depends on the amount of money you have invested with us. More information on our service fees and charges.