Research from Fidelity Fundsnetwork shows that investing earlier in the tax year can pay off handsomely. Over the last fifteen years those who have chosen to invest at the beginning of the tax year rather than the end could have gained an extra £7,006*. This figure is based on the growth of the FTSE All-Share Index, but the sum increases considerably to £30,708 if a more aggressive, actively managed fund, such as Fidelity’s Special Situations Fund, was chosen.
If you haven’t done your ISA this year and wish to do so please contact us on 0800 435648.
Tags: ISA
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