Telephone
01295 698600

Email
info@cherwellfs.co.uk

Ground Floor
Unit 15 Somerville Court
Trinity Way, Banbury Business Park
Adderbury, Oxfordshire
OX17 3SN

GET DIRECTIONS

Telephone
01295 698600

Email
info@cherwellfs.co.uk

Ground Floor
Unit 15 Somerville Court
Trinity Way, Banbury Business Park
Adderbury, Oxfordshire
OX17 3SN

GET DIRECTIONS
NISA's

Cash and shares ISAs have been merged into single New ISA (NISA) with annual tax-free savings limit of £20,000 (for tax year 2018/19). This was to make the system “simpler”.

You can use the full limit for either cash, investments or a mix of both.

HOW WILL YOUR SAVINGS
AND INVESTMENTS BE TAXED?

UNIT TRUST

A unit trust reduces your risk of investing in the stock market by pooling your savings with thousands of others, and then spreading the money across a wide range of shares or other types of investment.

OEIC’s

OEIC’s (Open ended investment companies) are another form of collective investments which were introduced into the UK in 1997, from Europe. Open-ended means shares in the fund will be created as investors invest and cancelled as they cash in.

WE WILL TRY TO MAKE
THINGS EASY TO UNDERSTAND
THAT NORMALLY ARE NOT

INVESTMENT TRUSTS

Investment Trusts are companies that buy and sell shares in other companies again a form of collective investment. When you invest in an investment trust company, you become a shareholder of that company.

Your shares will rise and fall in value according to supply and demand for the shares. Unlike a Unit Trust and an OEIC, the number of shares within an investment trust is limited (there are only so many that can be bought and sold at any time).

Cherwell Financial Services Ltd is directly authorised and regulated by the Financial Conduct Authority. Registered Office Ground Floor, Unit 15 Somerville Court, Trinity Way, Banbury Business Park, Adderbury, Oxfordshire, OX17 3SN.

Registered in England. No. 08566532

©Cherwell 2018