Risk factors

All investments carry an element of risk. Please bear in mind that:

• Our 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.
• Each Multi Manager ISA has its own aims and risk factors. These are detailed in the Multi Manager Key Information document (including Simplified Prospectus), which can be downloaded from the right-hand side menu. Before you decide to invest, you must read this document.
• If you choose a trust which invests overseas, changes in exchange rates between currencies may cause the value of your investment and the level of income to rise and fall.
• The tax efficiency of ISAs is based on current law. Please note that the current tax situation may not be maintained.