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.

Low cost

Our ready-made funds offer some of the lowest charges in the market.

The differences between Savings and Investments

Although there is no tie in period, our investments are designed for the medium to long-term so you should plan to hold them for at least 5 years. Whilst investments tend to outperform cash savings over the long term, you should always make sure you have enough cash available for emergencies or short term expenses like car repairs, or new home appliances.

Cash savings offer much more predictable and secure growth which is why experts usually advise that you should keep around 3 months’ worth of expenses in cash as a minimum. Once you’re comfortable that you have enough cash savings for an emergency or short term expenses, investments could help you achieve a higher return from the rest of your money over the longer term.

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

Cash savings vs Investments

Cash savings grow steadily but slowly. 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 01/04/2016 and 01/04/2021.

Investments data in the graph is based on the actual performance of the FTSE All Share index between 01/04/2016 and 01/04/2021. A ready-made investment would be impacted by the investment’s charges which are currently a maximum of 0.62%. These figures are based on the past, and past performance is not a reliable indicator of future results.

Source: Web Financial Group (1st May 2021) and Moneyfacts.co.uk (1st May 2021).

Please remember that the value of all investments can fall as well as rise, and you may get back less than you invest. If you’re not sure about investing, seek independent 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:

  • Shares - Own part of a company (like Apple or Tesco).
  • Property - Invest directly in houses, business premises, or in a property fund.
  • Bonds and Gilts – Loans made by investors to governments or companies which offer a fixed return.
  • Cash - Funds can hold some of an investor's money in 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

0.57%

Maximum charge per year.

You would pay charges of £5.70 for this amount. This is based on you investing £1,000.

Investment splitThis is the fund’s strategic asset allocation. The current asset allocation can be found within the fund’s factsheet.


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

0.60%

Maximum charge per year.

You would pay charges of £6.00 for this amount. This is based on you investing £1,000.

Investment splitThis is the fund’s strategic asset allocation. The current asset allocation can be found within the fund’s factsheet.


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

0.63%

Maximum charge per year.

You would pay charges of £6.30 for this amount. This is based on you investing £1,000.

Investment splitThis is the fund’s strategic asset allocation. The current asset allocation can be found within the fund’s factsheet.


Fund 6 Asset wheel pie distribution graphic

Key documents:

View the KIID (PDF, 107KB)

View the factsheet (PDF, 138KB)

Our funds were re-launched in September 2019 so there’s no performance data available before 2020. These figures refer to the past and past performance is not a reliable indicator of future results. Performance over the previous 12 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.

past performance of the equivalent Investment Association sector

Date

Managed Growth Fund 2

Cautious

Managed Growth Fund 4

Balanced

Managed Growth Fund 6

Progressive

Date

31 Mar 2020 – 31 Mar 2021

Managed Growth Fund 2

Cautious

13%

Managed Growth Fund 4

Balanced

19.7%

Managed Growth Fund 6

Progressive

26.3%

Date

31 Mar 2019 – 31 Mar 2020

Managed Growth Fund 2

Cautious

N/A

Managed Growth Fund 4

Balanced

N/A

Managed Growth Fund 6

Progressive

N/A

Date

31 Mar 2018 – 31 Mar 2019

Managed Growth Fund 2

Cautious

N/A

Managed Growth Fund 4

Balanced

N/A

Managed Growth Fund 6

Progressive

N/A

Date

31 Mar 2017 – 31 Mar 2018

Managed Growth Fund 2

Cautious

N/A

Managed Growth Fund 4

Balanced

N/A

Managed Growth Fund 6

Progressive

N/A

Date

31 Mar 2016 – 31 Mar 2017

Managed Growth Fund 2

Cautious

N/A

Managed Growth Fund 4

Balanced

N/A

Managed Growth Fund 6

Progressive

N/A

The data is correct as of June 2021.
Source: FE fundinfo.

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.

Understanding what you’ll pay per year

Our charges are based on the value of your total investment and are paid every year.

Fund charges

Cautious: 0.57%
Balanced: 0.60%
Progressive: 0.63%

Service feeThe 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.

0.24%

Ongoing chargeThis is charged by the fund manager for their services and is built into the total value of your fund.

Cautious: 0.26%
Balanced: 0.25%
Progressive: 0.25%

Transaction costsTransaction costs are incurred when the fund manager buys and sells investments within the fund. These costs are built into the fund's value.

Cautious: 0.07%
Balanced: 0.11%
Progressive: 0.14%

  • Our charges are based on the value of your fund and are calculated once a month (minimum of 20p a month) and charged once a year.

    past performance of the equivalent Investment Association sector

    Value of your investment

    Managed Growth Fund 2 (0.57%)

    Cautious

    Managed Growth Fund 4 (0.60%)

    Balanced

    Managed Growth Fund 6 (0.63%)

    Progressive

    Value of your investment

    £1,000

    Managed Growth Fund 2 (0.57%)Cautious

    £5.70

    Managed Growth Fund 4 (0.60%)Balanced

    £6.00

    Managed Growth Fund 6 (0.63%)Progressive

    £6.30

    Value of your investment

    £5,000

    Managed Growth Fund 2 (0.57%)Cautious

    £28.50

    Managed Growth Fund 4 (0.60%)Balanced

    £30.00

    Managed Growth Fund 6 (0.63%)Progressive

    £31.50

    Value of your investment

    £10,000

    Managed Growth Fund 2 (0.57%)Cautious

    £57.00

    Managed Growth Fund 4 (0.60%)Balanced

    £60.00

    Managed Growth Fund 6 (0.63%)Progressive

    £63.00

    Value of your investment

    £20,000

    Managed Growth Fund 2 (0.57%)Cautious

    £114.00

    Managed Growth Fund 4 (0.60%)Balanced

    £120.00

    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.