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How it works

  • Our ready-made investments are designed to be simple.
  • All you need to do is apply online in minutes and choose your funds. Then, let the experts do the rest.
  • You have the choice of our Investment Account or for a tax efficient option, our Investment ISA.
  • Available to all existing Online Banking customers

Why try it

Easy

Apply online in a matter of minutes and our investment experts will take care of the rest.

Flexible

Start investing from £100 per month or a lump sum of £2,000.

Ready-made

Our experts take care of the day to day management of the funds to make sure it continues to meet your needs.

The differences between Savings and Investments

There is no tie-in period, but our investments are designed for medium to long term and should be planned to be held for at least 5 years. You should not invest with money you may need before this.

Whilst cash savings offer much more predictable and secure growth, investments tend to perform better over the long term. Factors such as inflation and low interest rates could mean your money may not be providing as high a return in a savings account as it could be if it were invested. However, you should always make sure you have enough cash available for emergencies, day to day and planned expenses. Experts advise you should keep around 3 to 6 months’ worth of expenses in cash as a minimum. 

Inflation makes things more expensive over time

Your savings may be worth less in the future if returns are lower than inflation.

Inflation makes things more expensive over time

Comparing Savings and Investments

Cash savings grow slowly but steadily. Investors aim to benefit from greater returns and accept this is not guaranteed.

Line graph showing Cash savings versus Investments.

Cash data in the graph is based on the Moneyfacts 90 day 10k index between 27/01/2017 and 27/01/2022.

Investments data in the graph is based on the actual performance of the FTSE All Share index between 27/01/2017 and 27/01/2022. A ready-made investment would be impacted by the investment’s charges which are currently a maximum of 0.63%. These figures are based on the past, and past performance is not a reliable indicator of future results.

Source: Web Financial Group (27/01/2022) and Moneyfacts.co.uk (27/01/2022).

Please remember that the value of investments and the income from them can fall as well as rise, and you may get back less than you invest. If you’re not sure about investing, seek financial advice. Tax treatment depends on individual circumstances and may be subject to change in the future.

Investment funds explained

What is an investment fund?

Investment funds are collective investments. Professional fund managers pool together investors’ money and invest on their behalf in a range of assets.

This means you can benefit from:

  • Saving time and effort as experienced investment experts do the work for you.
  • Your risk being spread out without buying lots of different assets yourself.

What are assets?

Funds are invested in 'assets'. The main types of assets that our funds invest in are:

SharesA share is simply a unit of ownership. If you own a share, you own a stake in a particular company. Shares are listed on a stock exchange and the price of all shares will fluctuate throughout the day. - Own a small part of a company (such as Lloyds Banking Group).

PropertyInvestments made into property investments funds. Returns will vary depending on increases and decreases in property value or rental income for example. - Invest in houses, business premises or in a fund containing these properties.

Bonds and GiltsBonds and gilts are created by companies or governments for investors as a way of raising money. When you invest in a bond or gilt you’re lending money to the company or government for a fixed period in return for a fixed rate of interest. - A loan made by investors to governments and companies paying out a fixed return.

CashCash investments are stable, secure and easy to access quickly. Growth is dependent on interest rates. - Investors’ money can also be stored as cash too as a way to lower risk.

What's the risk?

Before investing, consider the amount of risk you are prepared to accept.

  • Low - A fund made up of mostly bonds and gilts will be lower risk and lower potential growth.
  • Medium - Investing more evenly between lower risk assets (e.g. bonds) and higher risk assets (e.g. shares) to offer a moderate approach to growth and risk.
  • High - Investing mostly in shares. Higher risk investments offer potentially higher returns but the value of your investment will be more volatile.

What is a fund?

A fund will have a mixture of investment types so you don’t have to pick your own.

A fund with mostly bonds and gilts will be lower risk with lower potential growth.

A fund with mostly shares will be higher risk with higher potential for growth.

Types of funds

Compare our funds

1. CautiousOur Cautious fund is dominated by lower risk assets such as government bonds and high quality corporate bonds but additionally may include small exposures to high-yield bonds. Our Cautious fund may also have some exposure to shares (UK and International), property and other riskier assets which have the potential for higher returns than bonds.

(Managed Growth Fund 2)

Risk level

Lower

Performance

View performance
 

Charges:

Service fee: 0.24%

Ongoing charge: 0.25%

Transaction costs: 0.07%

Investment splitThis is the fund’s strategic asset allocation. The current asset allocation can be found within the fund’s factsheet. The asset breakdowns shown are indicative only and subject to change.


Fund 2 Asset wheel pie distribution graphic

Key documents:

View the KIID (PDF, 108KB)

View the factsheet (PDF, 138KB)

2. BalancedOur Balanced fund aims to hold a mixture of shares and bonds typically on a relatively equal basis. This fund may have exposure to property and absolute return strategies and other assets.

(Managed Growth Fund 4)

Risk level

Medium

Performance

View performance
 

Charges:

Service fee: 0.24%

Ongoing charge: 0.26%

Transaction costs: 0.11%

Investment splitThis is the fund’s strategic asset allocation. The current asset allocation can be found within the fund’s factsheet. The asset breakdowns shown are indicative only and subject to change.


Fund 4 Asset wheel pie distribution graphic

Key documents:

View the KIID (PDF, 107KB)

View the factsheet (PDF, 138KB)

3. ProgressiveOur Progressive fund is dominated by exposure to UK and International shares but may also have some bonds, property, cash and absolute returns strategies to aim to lower volatility during market fluctuations.

(Managed Growth Fund 6)

Risk level

Higher

Performance

View performance
 

Charges:

Service fee: 0.24%

Ongoing charge: 0.25%

Transaction costs: 0.14%

Investment splitThis is the fund’s strategic asset allocation. The current asset allocation can be found within the fund’s factsheet. The asset breakdowns shown are indicative only and subject to change.


Fund 6 Asset wheel pie distribution graphic

Key documents:

View the KIID (PDF, 107KB)

View the factsheet (PDF, 138KB)

For more information about the three funds, you can read Our fund range and investments (PDF, 2.0MB) guide. It contains details of how the funds are managed, their objectives and risks, and a detailed breakdown of the charges.

Our funds' past performance

The data in the below table and performance chart refer to the past, and past performance is not a reliable indicator of future results. The performance data includes the ongoing charge and all transaction costs within the fund, but does not include the 0.24% service fee which is paid to us once per year.

Performance over the previous 18 months has been affected by the recent upturn in market conditions and this level of performance is not guaranteed to continue. Investment performance can fall as well as rise.

Source of data: FE Fundinfo

Date

Managed Growth Fund 2

Cautious

Managed Growth Fund 4

Balanced

Managed Growth Fund 6

Progressive

Date

31 Mar 2021 – 31 Mar 2022

Managed Growth Fund 2

Cautious

+  0.4%

Managed Growth Fund 4

Balanced

+  4.5%

Managed Growth Fund 6

Progressive

+  7.8%

Date

31 Mar 2020 – 31 Mar 2021

Managed Growth Fund 2

Cautious

+  13.0%

Managed Growth Fund 4

Balanced

+  19.7%

Managed Growth Fund 6

Progressive

+  26.3%

Our funds were launched on 16th September 2019, so we can only provide performance data from this date. 

31 Mar 2019 – 31 Mar 2020

Our funds weren’t launched until 16th September 2019.

31 Mar 2018 – 31 Mar 2019

Our funds weren’t launched until 16th September 2019.

31 Mar 2017 – 31 Mar 2018

Our funds weren’t launched until 16th September 2019.

The data is correct as of 13/05/2022.

Past performance graph

The above graph shows the percentage change of the funds since launch. This is to help you understand how the funds have performed over the longer term.

Please remember that the data in the above table and below performance graph refer to the past, and past performance is not a reliable indicator of future results.

The Last Available Price for each fund is shown below the graph and this is usually the price from the previous trading day. If you decide to invest in one of our funds, your trade will be sent to the Fund Manager and you will get the price given on the next available valuation point for this fund, which could be higher or lower than the price shown above.

Understanding what you’ll pay per year

These charges are based on the value of your total investment.

The total cost is a combination of the service fee, ongoing charge and transaction costs:

  • The service fee is 0.24% and is calculated monthly (minimum of 20p per month) based on the total value of your investment and is then paid to us once a year. This fee covers our costs for managing your account.
  • The ongoing charge is charged by the fund manager for their services and is built into the total value of the fund.
  • Transaction costs are incurred when the fund manager buys and sells investments within the fund. These costs are built into the fund's value.

Fund type

Service fee

Ongoing charge

Transaction costs

Total

Fund type

Cautious - Managed Growth Fund 2

Service fee

0.24%

Ongoing charge

0.25%

Transaction costs

0.07%

Total

0.56%

Fund type

Balanced - Managed Growth Fund 4

Service fee

0.24%

Ongoing charge

0.26%

Transaction costs

0.11%

Total

0.61%

Fund type

Balanced - Managed Growth Fund 6

Service fee

0.24%

Ongoing charge

0.25%

Transaction costs

0.14%

Total

0.63%

    • The service fee is based on the value of your funds, calculated once a month and charged once a year.
    • Ongoing charge and Transaction costs are calculated on an ongoing basis and built into the value of the fund.

    Value of your investment

    Managed Growth Fund 2 (0.56%)

    Cautious

    Managed Growth Fund 4 (0.61%)

    Balanced

    Managed Growth Fund 6 (0.63%)

    Progressive

    Value of your investment

    £1,000

    Managed Growth Fund 2 (0.56%)Cautious

    £5.60

    Managed Growth Fund 4 (0.61%)Balanced

    £6.10

    Managed Growth Fund 6 (0.63%)Progressive

    £6.30

    Value of your investment

    £5,000

    Managed Growth Fund 2 (0.56%)Cautious

    £28.00

    Managed Growth Fund 4 (0.61%)Balanced

    £30.50

    Managed Growth Fund 6 (0.63%)Progressive

    £31.50

    Value of your investment

    £10,000

    Managed Growth Fund 2 (0.56%)Cautious

    £56.00

    Managed Growth Fund 4 (0.61%)Balanced

    £61.00

    Managed Growth Fund 6 (0.63%)Progressive

    £63.00

    Value of your investment

    £20,000

    Managed Growth Fund 2 (0.56%)Cautious

    £112.00

    Managed Growth Fund 4 (0.61%)Balanced

    £122.00

    Managed Growth Fund 6 (0.63%)Progressive

    £126.00

FSCS logo

Investments with Halifax Share Dealing Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme. This limit is applied to the aggregated total of any stock or cash held across the following brands which we administer.

This is in addition to any other savings deposits you may hold across Lloyds Banking Group.

Important information
 

Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.