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More info: UK 100 Index-tracking ISA

Details about the Legal & General UK 100 Index-tracking ISA

About this ISA

ISA name	UK 100 Index-tracking ISA
ISA issuer	Legal & General

Interest rate details

Interest rate(s)	N/A
Rate type	N/A
Monthly interest available	N/A
Product bonus available	N/A

Investing details

Investment term	None
Minimum initial investment	£500 lump sum or 50 a month.
Other details	Start investing in our UK 100 Index-tracking ISA from £500 lump sum or £50 monthly. This low-cost ISA aims to track the top 100 companies that make up the FTSE 100 Index, allowing you to benefit from the growth potential of the UK stock market. Refer to the UK Index Trust Factsheet for more information.

Withdrawing details

Withdrawal notice	None
Minimum withdrawal amount	£500
Fees & charges	No initial fees No exit fees Annual management charge of 0.65% of the fund value Extra expense 0.17%* (*these include auditor, trustee, custodian, registrar and regulator fees as at 1 October 2009)

Managing your ISA

Ways of managing your account	Internet, phone
Can be transferred from another ISA provider	True
Penalty on transfer to another ISA provider	False
Only available to existing customers	False
Other details	Although there is no fixed term, you should consider stocks and shares ISAs a medium to long term investment of at least five years, and ideally not tie yourself to a particular end date. Both capital and income values may fall as well as rise and are not guaranteed. You may not get back the money you invested. If you choose an index-tracking ISA which invests overseas, changes in exchange rates between currencies may cause the value of your investment and the level of income to rise or fall. Legal & General has been licensed by FTSE International Limited to use the name of "FTSE ALL Share Index".

Some important information about this page

Any introduction for investment advice will be to a Representative who may only recommend, advise on or sell the life assurance and investment products of the Legal & General Marketing group, members of which are authorised and regulated by the Financial Services Authority.

We present information which we obtain from independent sources and do not give financial advice. You should check rates and terms with the product provider. If you spot any mistakes or inaccuracies on our site, please contact us.

Please note that the services and products featured are those made available from advertisers and may not necessarily be the best offers on the market. For more information, please see our ISAs advertising disclosure.