Investment Links

This page offers a link through to FundsNetwork, the fund supermarket run by Fidelity International.

Investing through FundsNetwork offers a range of over 1,100 funds managed by 65 investment companies plus a wide range of other benefits.

• You can mix and match funds from several companies within a single account. This means that you could use your yearly Individual Savings Account (ISA) allowance to "cherry pick" funds from different fund managers.
     
• You will get one consolidated statement, no matter how many fund companies feature in your portfolio.
    
• You can use Fidelity's online Account Manager service to check the value of your investments whenever you want to - 24 hours a day, 7 days a week
    
• You can move money from fund to fund within FundsNetwork whenever you like - with a switching fee that is usually just 0.25%. However there could be  additional charges on some types of investment.

If you hold investments with different investment companies, you may be able to bring them together on FundsNetwork. This means that your money will stay with your current investment companies but you will have the benefit of a consolidated picture of all your fund holdings and will only have to deal with one company when you want to make any changes to your portfolio. This is called re-registration. Please let us know if you would like further information.

We offer a full advice service on investments which is based on your individual circumstances, objectives and risk profile but if you would like to take to advantage of our weblink below, you can make investments directly in unit trusts and open ended investment companies (OEICs). You may want to use your ISA allowance for doing this.

Please click here to link to FundsNetwork. By using this link you will be leaving the Millstream Financial Services website. We cannot be held repsonsible for the content of external websites.

The value of investments and the income from them can go down as well as up and you may not get back the amount you invested. For funds that invest in overseas markets, changes in currency exchange rates may affect the value of your investment.

Investment limits with FundsNetwork

The minimum investment for most funds is £1,000 as a lump sum and £50 a month in a regular savings plan. After your initial investment you can top-up your holding from £250.

The maximum you can invest each year in an ISA (Individual Savings Account) is £10,200.

When considering your options, remember that the ISA is not an investment in itself. It is a "wrapper" that protects your investments from personal liability to tax (although the underlying investments held in your selected funds may have already paid tax). Outside an ISA there is no limit on the amount you can invest, but you may have to pay tax on your returns.

The value of tax savings and eligibility to invest in an ISA will depend on individual circumstances and all tax rules may change in the future.