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Unit Trust Products

Wesleyan’s range of unit trust products enable you to invest in one or more of our professionally managed Unit Trust Funds.

The funds are designed to carry different levels of risk to meet the various needs and objectives of investors.

You can access our Unit Trust Fund range through three products:

  • a Unit Trust Investment Account
  • a Unit Trust Individual Savings Account (ISA)
  • a Unit Trust Junior ISA.
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Please remember the value of investments and any income can go down as well as up and you may get back less than you invest.

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This product can only be purchased following advice from a Wesleyan Financial Consultant.

Call us free on 0121 335 3409

Monday to Friday 8.30am - 6.30pm, Saturday 9.00am to 2.00pm

Contact a Financial Consultant or alternatively, fill in our contact form and we'll call you back

Unit Trust Investment Account

This is an investment product for people who want to invest a one off or regular amount in our range of Unit Trust Funds outside of the tax efficient ISA wrapper, perhaps because they have used up their ISA allowance.

Maximum investment: There is no maximum limit on the size of the investment that you make to the product, and you can add to your investment at any time.

Withdrawals: You are able to withdraw your investment, either by means of regular withdrawals, or on a one-off basis at any time.

Tax: Investments in the Unit Trust Investment Account may be subject to Capital Gains Tax when money is taken out (including to pay for the costs of advice), and to Income Tax on any interest or dividends distributed by the funds.

 It is also possible to use this account as a feeder to your ISA, with an amount up to the maximum ISA allowance automatically transferred each tax year.

For more information, contact your Wesleyan Financial Consultant, who can talk you through the key features of this product.

Unit Trust ISA

This is a Stocks and Shares ISA that allows you to access our Unit Trust Fund range in a tax-efficient environment. There is no personal liability to pay tax on income or capital gains in the ISA and you don’t need to declare the income or gains on your tax return.

Maximum investment: For the 2017/18 tax year, the allowance for ISAs is £20,000. You can put the total amount into a Cash ISA, invest the whole lot in a Stocks and Shares ISA, or Innovative Finance ISA, or split the allowance between all three. Each individual has an ISA allowance, so if you are married or in a civil partnership, both you and your partner can make use of this tax-efficient way of investing.

Withdrawals: You are able to withdraw your investment, either by means of regular withdrawals, or on a one-off basis at any time.

Tax: Utilising your tax free ISA allowance is a must when investing to prevent tax from unnecessarily eating in to your potential returns.

For more information, contact your Wesleyan Financial Consultant, who can talk you through the key features of this product.

Unit Trust Junior ISA

This is a version of the ISA designed for savings on behalf of children up to the age of 18.

Maximum investment: Anyone can contribute to the Unit Trust Junior ISA, up an annual limit, currently £4,128 for the 2017/18 tax year - so as well as parents, friends and family are able to contribute to your child’s future. It is opened and managed by a ‘registered contact’ (usually a parent or guardian) until the child reaches the age of 18, when ownership will pass directly to the child and the account becomes an adult ISA.

Withdrawals: Unit Trust Junior ISA rules do not allow withdrawals until the child reaches 18, although it is possible to transfer the Unit Trust Junior ISA to another provider.

Tax: Utilising the tax free Unit Trust Junior ISA allowance is a useful way of preventing tax from unnecessarily eating into the potential returns of your child’s funds.

For more information, contact your Wesleyan Financial Consultant, who can talk you through the key features of this product.

Our Unit Trust Funds

With Wesleyan you can invest into six professionally managed funds that invest in a mix of assets, appropriate to different risk levels:

  • Risk Averse Fund
  • Low Risk/Reward Growth Fund
  • Moderate Risk/Reward Growth Fund
  • Moderate - High Risk/Reward Income Fund
  • UK Growth Fund
  • International Growth Fund

Our Unit Trust Funds are managed by Wesleyan’s professional Fund Managers.

For more information on individual funds, please visit our Fund Prices and Performance Centre.

Call our team free on 0121 335 3409 Monday to Friday 8.30am - 6.30pm, Saturday 9.00am - 2.00pm

'WESLEYAN’ is a trading name of the Wesleyan Group of companies.

Wesleyan Assurance Society and Wesleyan Bank Ltd are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Wesleyan Financial Services Ltd, Wesleyan Unit Trust Managers Ltd, Syscap Ltd, Practice Plan Ltd and DPAS Ltd are authorised and regulated by the Financial Conduct Authority.  Advice about investments, insurance and mortgages is provided by Wesleyan Financial Services Ltd.

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