Investing in Personal Assets Trust

PAT is a quoted investment trust, and can be purchased via most UK brokers, wealth managers and fund platforms. PAT offer a trading facility with Interactive Investor (“ii”) to enable you to hold shares in the Company through an Interactive Investor ISA or Trading Account, where PAT cover the annual fee, online dealing costs and dividend re-investment costs, if you hold only PAT in your ii account.

Who is Interactive Investor?

Established in 1994, Interactive Investor is an award-winning online investment service with a legacy of more than 25 years of educating investors. ii provide investors with unbiased financial information, together with the tools and trading environment they need to make confident and informed investment decision with the aim of delivering better choice, better value and better intelligence to their customers. The comprehensive investing and trading services are underpinned by a strong focus on delivering great value and helping customers take control of their financial futures.

Interactive Investor is the second largest self-directed retail investment platform, with 400,000 clients, £35bn of assets under administration and over 500 professionals located across the UK.

Interactive Investor is a leading best value provider with their Fair Flat Fees charging structure that keep the account fees fixed while the value of your portfolio increases. Interactive Investor investment accounts start from as little at £7.99 per month and there are three different service plans to fit your investment style.

Interactive Investor’s main UK trading entity is Interactive Investor Services Limited (“IISL”). IISL is an IFPRU firm, authorised and regulated by the FCA. IISL’s regulatory permissions include, but are not limited to, dealing in investments as agent; arranging deals in investments and safeguarding and administration of assets, including the holding of client money. IISL is a member of the London Stock Exchange and NEX Exchange. Services provided by IISL are covered by the protected investment business scheme operated by the Financial Services Compensation Scheme. As a result of its recent acquisition of Alliance Trust Savings Ltd, the ii group is also subject to consolidated supervision and regulated by the Prudential Regulation Authority.



Interactive Investor ISA

The Interactive Investor ISA is a tax-advantaged account designed for medium to long-term investment (5 years or more). It lets you access your money at any time and you don’t have to pay any tax on income or capital gains within the account.

You can contribute up to £20,000 to your ISA in the 2019/20 tax year.

You can set up regular monthly investment starting at £25 per month, or make one-off payments, and you can start, stop and vary your payments whenever you like. Plus, to take advantage of the growth potential of Stocks and Shares ISAs and make managing your accounts easier, you can transfer all or part of any existing ISAs to ii.

Find out more and apply online



Interactive Investor Trading Account

The Interactive Investor Trading Account is a dealing and investment account that allows you to buy, sell and hold your investments in one secure platform. Supported by expert independent ideas and analysis ii offers the widest choice of investment, you can invest directly in Stock & Shares, ETFs, Funds, Investment Trusts and currencies from over 40,000 UK and global stocks from across 17 stock exchanges.

You can set up regular monthly investment from as little at £25 per month and can start, stop and vary your payments whenever you like. All trades settle automatically through your account and you have full visibility of your portfolio in real-time, whether at home or mobile.

There are no tax advantages to investing through a Trading Account but because of this you can invest as much as you like, and you can hold as many separate accounts are you wish – helpful if you are saving towards different goals.

Read the Product Guide and apply online



Important information

Please remember the value of your investments and any income from them can go down as well as up and you may get back less than the amount you originally invested. Past performance is no indicator of future performance.

All investments carry an element of risk which may differ significantly. The information in this section does not constitute advice nor is a recommendation to invest in either of the above accounts. If you are unsure as to the suitability of any particular investment or product, you should seek professional financial advice.

Remember you can only contribute to one Stocks and Shares ISA, one Cash ISA and one Innovative Finance ISA each year, regardless of provider. If you have contributed to a Cash ISA and/or Innovative Finance ISA this will reduce the amount you can contribute to a Stocks and Shares ISA. The Interactive Investor ISA is non-flexible, so the amount subscribed is not reduced if you make a subsequent withdrawal.

Unlike an ISA a Trading Account does not shelter you from tax on your savings or from Capital Gains Tax on the sale of any investments.

Laws and tax rules may change in the future without notice. The information here is our understanding in March 2019 . This information takes no account of your personal circumstances which may have an impact on tax treatment.

‘Interactive Investor’ and ‘ii’ are all brand names of Interactive Investor Services Limited together with the ‘Interactive Investor and ‘ii’ logo are owned by and used with the permission of Interactive Investor Services Limited.

 

RISK WARNING

The value of investments and the income from them can go down as well as up as a result of market and currency fluctuations and investors may not get back the amount originally invested. Past performance is no indicator of future performance. The tax treatment of any investment depends on the individual circumstances of each investor and may be subject to change in the future.

The content of this webpage has been approved as a financial promotion by PATAC Limited, 21 Walker Street, Edinburgh EH3 7HX. Authorised and regulated by the Financial Conduct Authority (FRN 613546).