Managed ISA
Your money. Managed.
Let us manage your ISA for you. Save time, leave it to the experts and feel confident in achieving your investment goals - all for a low monthly subscription.
Important information: As investment values can go down as well as up, you may not get back all the money you invest. If you're unsure about investing, please speak to an authorised financial adviser. Tax treatment depends on your individual circumstances and may be subject to change in the future.
What is a Managed Stocks & Shares ISA?
Wouldn’t it be great to invest your money without investing your time?
That’s the ii Managed ISA. It’s all the tax-free benefits of our Stocks and Shares ISA, but with our experts choosing the investments for you.
We handle your portfolio, always ensuring we work towards your financial goals – and your future. You can start investing quickly and easily in a way that suits you.
No time? No worries.
Time is precious; you may not want to spend it researching investments. That’s where our Managed ISA steps in.
Your investments, our expertise
Feel confident knowing our team of experts will pick your investments and manage them for you.
Convenience without the cost
Simplify your investments without the price tag. Get the convenience you need for our same low, flat fee.
What you'll pay for a Managed ISA
We want to keep your charges as clear, simple and predictable as possible. What you pay depends on your plan. Use the table to see how much you’d pay when adding a Managed ISA.
You’ll also pay a charge for your managed portfolio. Charges range from 0.12% to 0.26%, depending on your style and risk level, and may change over time. Fees are taken directly from the fund, so you won’t see them charged separately, but could reduce your investment’s potential return or income. Our experts work to keep costs as low as possible to help you get the most from your money.
Investor Plan
The Managed ISA is free to add if you are on one of the Investor Essentials, Investor or Super Investor plans.
Pension Essentials
With Pension Essentials, you can add a Managed ISA by upgrading to our Investor Essentials plan + SIPP for a total cost of £9.99. If your investments grow above £75,000 you'll move onto our Investor plan + SIPP for £21.99 per month.
Pension Builder
If you are on our Pension Builder plan, you can add a Managed ISA to your subscription by upgrading to our Investor + SIPP plan for a total monthly cost of £21.99.
How the Managed ISA works
Your ISA is made for you.
Before opening your Managed ISA, you'll answer a few questions to match you to one of 10 investment portfolios. This is to find the one that best suits you and the level of risk you're comfortable with.
Once that's done, check you're happy and you're all set to open your ISA - then it's over to the experts.
Open your Managed ISA in 3 simple steps
Answer some questions about how much you want to invest and your appetite for risk.
If you aren’t sure what's right for you, we’ll help you through the process.
Once we know more about the type of investor you are, we can match you to your portfolio.
Then it's time to set it up and hand it over to us.
We’ll monitor your investments and adjust as needed to keep them in line with your goals.
Check in on it anytime, and if anything changes, you can easily switch to a different portfolio.
Investment portfolios built around you
With 2 distinct styles and 5 levels of risk to choose from, you can find an investment portfolio that matches the type of investor you are. While there's no minimum investment period, all our portfolios are designed for long-term growth (at least 5 years).
Want to understand more about risk? Learn how you can strike the right balance.
Index investment style
- Low-cost funds designed to build long-term growth.
- A diverse range of investments that ensure your money is always working as hard as it can for you.
- Invest in some of the most popular companies, with our experts reviewing and diversifying when needed to keep it fresh.
Sustainable investment style
- Low in cost and built for long-term growth, invested in funds that reflect your beliefs and values.
- Most of your money goes towards sustainable funds which follow environmental, social and governance (ESG) criteria.
- The rest is split across neutral options, such as cash and bonds.
The best of both worlds
Did you know that when you add a Managed ISA, you also get access to our Self-Managed ISA, at no extra cost? This means you can make your own investment decisions alongside your managed portfolio. One ISA, more ways to invest.
Don’t just take our word for it...
We know you want to make the most of your money. And you want a provider you can trust to help you do just that.
That’s why we’re proud of our multi-award-winning ISA, which was again named Boring Money’s Best Buy ISA in 2024.
Managed ISA FAQs
A Self-managed ISA lets you pick your investments yourself. The Managed ISA is closely monitored by our experts, who take care of your portfolio on your behalf and make ongoing buy and sell decisions to keep you aligned to your chosen appetite for risk.
If you already have a self-managed Stocks and Shares ISA, then adding a Managed ISA is easy. The Managed ISA is an option available to you at no extra cost. Your monthly fee won't change unless your total account value increases and moves you up into a higher charges plan. Here's a reminder of our charges.
You can use both the managed and self-managed options separately from one another. This means you can keep your self-managed portfolio as it is and still open a Managed ISA alongside it to benefit from our expert guidance. Your Managed ISA sits within the same tax-efficient wrapper as your self-managed investments, and together they count towards your annual ISA subscription limit of £20,000.
Yes, you can transfer cash from your self-managed ISA to your Managed ISA.
Since the Managed ISA has its own range of portfolios, you cannot transfer investments into it. You have to sell any investments first before moving your money over.
The minimum investment amount is either a £250 lump sum or a £50 regular payment.
If you're starting with a lump sum, you can do this when you set up an account via debit card. If you're starting with a regular payment, you will be prompted to set up a direct debit on account opening.
You can also make one-off payments of at least £50 at any time. Any amount above £50 will be automatically invested into your chosen portfolio.
You can withdraw money from your Managed ISA at any time, with no penalties or exit fees. Withdrawals from your Managed ISA can take up to 12 working days to appear in your self-managed ISA, depending on ongoing transactions in your Managed Portfolio.
Any money you withdraw from your ISA, whether managed or self-managed, cannot be replaced without using up part of your annual ISA allowance. While your allowance remains unchanged, any contributions will count towards it.
When you open a Managed ISA, we’ll ask you a few questions to understand your goals. This involves discovering your risk appetite, and whether you prefer an index investment style or sustainable investment style.
There are five levels of risk across these two styles, meaning there are 10 portfolios in total to choose from. The portfolios mainly invest in passively managed funds, which aim to replicate the performance of a market index.
Funds will hold different assets, such as UK and international shares and government and corporate bonds. The overall asset mix will depend on the portfolio you choose. You can read more about portfolios here.
Our experts are qualified investment managers with a wealth of experience in managing portfolios. Aberdeen advise ii on the fund selection for the Managed ISA portfolios. The portfolios contain funds mostly managed by Aberdeen, but may also include funds managed by other third-party managers.
You can rest assured that your investments are managed by humans, not algorithms. They reassess your portfolio regularly to make sure it’s doing as much for your money as possible.
In 2022, interactive investor (ii) became part of Aberdeen, a global wealth and investment group dedicated to helping people be better investors. And in 2024, the ii Managed ISA was launched with the support of Aberdeen.
The Managed ISA portfolios are designed for people who don't have time to manage their own investments or would simply prefer to leave it to the experts.
Aberdeen uses its wealth of investment expertise to advise ii on the strategic asset allocation and fund selection for the Managed ISA portfolios. This includes Aberdeen's in-house funds but may also include funds managed by other third-party managers. Each fund used in the portfolios, including Aberdeen-managed funds, charge a management fee. This charge is taken directly by the fund manager.
ii's Investment Committee oversees the relationship with Aberdeen and manages any conflicts of interests. This includes the risk that ii may favour the use of Aberdeen funds for the Managed
ISA portfolios rather than considering alternatives. The Committee act as the final decision maker on the portfolios, ensuring they offer value for money and continue to meet your needs.
For more details on the Managed ISA portfolios, including the fees, please view the portfolio factsheets.
Start investing with a Managed ISA today
Sit back and leave it to the experts with a Managed ISA.