Index-tracking ISA - The basics

• Index-tracking ISAs (sometimes called tracker ISAs) aim to produce a return in line with a market or sector, for example, Europe or technology.
• The fund's investments accurately reflect those of the selected Index.
• Tracker ISAs require less management than other investment ISAs, allowing us to offer you low charges, meaning more of your money remains invested.
• You might be reassured to know that Legal & General is one of the biggest providers of index-tracking investments in the UK, managing £214 billion as at 31 December 2007.
• There are nine index-tracking trusts to invest in and you can apply for an ISA online today.
• Once you have invested with us you can manage your investments online, anytime.
• ISAs are designed as medium to long term investments of, ideally, at least five years.
• Both capital and income values may fall as well as rise and are not guaranteed. You may not get back the money you invested.
• If you choose an index-tracking ISA which invests overseas, changes in exchange rates between currencies may cause the value of your investment and the level of income to rise or fall.
• Refer to risk factors for the other risks associated with this product.

To find out more about ISAs, read our guides to investing.