- Investment trusts are a type of investment fund. They are ‘closed-ended’, meaning a fixed number of shares are issued, which can then be bought and sold on the stock market.
Click here for our guide to different types of funds.
- Investments are shares, property and other assets that carry a level of risk, but the possibility of greater returns than cash savings can typically offer.
Click here for more info on how to choose the best investments.
- An ISA (or Individual Savings Account) is a tax-free way to save or invest. If you're starting to think about saving or investing, ISAs could be a good place to begin. Any interest or gains are essentially tax-free. The annual allowance for the 2015/16 tax year is £15,240 which can be invested in cash or stocks & shares ISAs.
Click here for more info.