Portfolio Investments for growth

Portfolio Investments is a range of high quality funds with no upfront charges.

Funds designed to provide Growth
Asset split
Invest through an Investments ISA
What are the charges?
Other information
Next steps

Funds designed to provide Growth

If you are Investing for growth the following funds are available:
Bond Portfolio - Invests primarily in fixed interest investments, mostly from the UK and continental Europe.
Cautious Portfolio - Invests in a diversified range of fixed interest investments and equities, fixed interest never falling below 60% of the fund’s portfolio value.
Balanced Portfolio - Invests in a diversified range of fixed interest investments and equities, with no more than 85% in equities.
International Equity Portfolio - Invests in companies mainly based in the UK and Europe, but also in companies based in other regions, including but not limited to North America and Asia, and across a variety of sectors.
Global Equity Portfolio - Invests in companies around the world and across a variety of sectors.

Asset split

This is a summary of how the assets are split for each of the growth funds:

	UK Equities	US Equities	Europe Equities	Japan Equities	Pacific Equities	Emerging Markets	Bonds	Other	Total
Growth Portfolios
Bond Portfolio	0%	0%	0%	0%	0%	0%	100%	0%	100%
Cautious Portfolio	20%	6%	8%	4%	2%	0%	60%	0%	100%
Balanced Portfolio	25%	10%	12%	6%	3%	0%	40%	4%	100%
International Equity Portfolio	37%	15%	20%	12%	8%	2%	0%	6%	100%
Global Equity Portfolio	25%	20%	25%	10%	10%	6%	0%	4%	100%

As at May 2010 but please note that asset splits can change.

Invest through an Investments ISA

If you invest in Portfolio Investments through an ISA, you can make sure that any growth you enjoy is free of income and capital gains tax when you cash it in. You can also transfer an existing Cash or Stocks & Shares ISA from another investment provider to an Investments ISA which invests in one or more of the Portfolios. Please note that your current ISA provider may charge you for transferring out.

Investing outside an ISA
If you choose not to invest through an ISA, you may still benefit from tax advantages thanks to your Capital Gains Tax allowance. An adviser at any Santander branch will be able to explain these benefits in more detail.

Minimum investment
The minimum lump sum investment into any of the Portfolios is £500 (the minimum for lump sum top up, into the same portfolio, is £250) and the minimum regular contribution is £25 per month.

What are the charges?

Unlike a number of other banks we do not impose an initial charge, so all your money is working hard for you from the start. Charges vary depending on which fund(s) you choose but the maximum charge, which includes the cost of things such as auditors fees and stamp duty, is 1.88%pa. Please refer to our Key Features Document which is available from any branch for full details and to help you decide if this product is right for you.

Other information

Risk factors

The value of investments and any income from them can go down as well as up and you may not get back the full amount invested.
For Funds that invest in bonds, the value of your investment can fall if a bond issuer defaults, receives a lower credit rating, or if the risk rating of an individual issue changes. You should remember that high yielding stocks have an increased risk of default. The value of any foreign investments may be affected by changes in rates of currency exchange.
The tax benefits may change in the future, which could affect how much you get back.

Next steps

Phone us on 0845 7654321 or call in to a branch to speak to a Santander Financial Adviser.