RLUM ISA fund details

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No matter what kind of investor you are, we offer a range of funds to suit you.

But you should remember that an ISA is a different type of investment to a bank or building society savings account. The value of an investment can go down as well as up and you may get back less than you put in.

Making or changing an investment is an important decision. If you feel you need advice you should speak to a financial adviser. Our Find a financial adviser tool can help you fund a financial advisor in your area.

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Fund performance

Fund performance definitions
  • Initial charge - we won't make an initial charge for contributions made on or after the 1st March 2019. For details of any initial charges before this date, please see your contract note.
  • Ongoing charges - These charges cover the costs of managing the Trust. These include the annual Management Charge, Trustee's fees and expenses and audit fees but excludes portfolio transaction costs. You can find details of all charges in the Key Investor Information Documents (KIIDs) and Costs & Charges Disclosure Documents (CCDDs). 
  • Transactional charges - These are costs we have to pay when buying and selling underlying investments.

Fund overview

Sustainable Diversified Trust

Risk profile: Medium

Fund summary

This fund is actively managed to balance growth and risk. It looks to grow the value of your money over the medium to long term.

Download the latest fund factsheet (PDF - 2.1MB)

Costs & Charges Disclosure Document (PDF - 0.2MB)

View the KIID (PDF - 0.1MB)

Sustainable World Trust

Risk profile: Medium/High

Fund summary

Our fund looks to grow the value of your money over the medium to long term by investing in shares in a mix of high quality global companies like Johnson & Johnson and Ebay.

Download the latest fund factsheet (PDF - 2.1MB)

Costs & Charges Disclosure Document (PDF - 0.2MB)

View the KIID (PDF - 0.1MB)

Sustainable Leaders Trust

Risk profile: Medium/High

Fund summary

With our proven track record in sustainable investing, this fund looks to grow the value of your money over the long term. We invest in shares in high quality companies, mainly in the UK, like ITV and Google.

Download the latest fund factsheet (PDF - 2.1MB)

Costs & Charges Disclosure Document (PDF - 0.2MB)

View the KIID (PDF - 0.1MB)

Corporate Bond Income Trust

Risk profile: Low/Medium

Fund summary

This fund invests in shares in good quality corporate bonds, issued by companies like Tesco and HSBC, and government bonds (gilts) to deliver a stable and reliable income.

Download the latest fund factsheet (PDF - 0.3MB)

Costs & Charges Disclosure Document (PDF - 0.2MB)

View the KIID (PDF - 0.1MB)

UK Growth Trust

Risk profile: Medium/High

Fund summary

This fund has a proven track record of delivering value from the UK's largest companies. It aims to grow the value of your money over the long term by investing in shares in household brands like BT and Unilever.

Download the latest fund factsheet (PDF - 0.4MB)

Costs & Charges Disclosure Document (PDF - 0.2MB)

View the KIID (PDF - 0.1MB)

UK Income with Growth Trust

Risk profile: Medium/High

Fund summary

Our UK Income with Growth Trust aims for the best of both worlds. It invests in shares in high quality UK companies like Marks and Spencer Group and BT, along with UK corporate bonds, government bonds and cash.

Download the latest fund factsheet (PDF - 0.4MB)

Costs & Charges Disclosure Document (PDF - 0.2MB)

View the KIID (PDF - 0.1MB)

European Growth Trust

Risk profile: Higher

Fund summary

This fund looks to grow the value of your money over the medium to long term by investing in businesses in continental Europe.

Download the latest fund factsheet (0.4MB)

Costs & Charges Disclosure Document (PDF - 0.2MB)

View the KIID (PDF - 0.1MB)

US Growth Trust

Risk profile: Higher

Fund summary

This fund aims to grow the value of your money over the medium to long term by investing in shares in the US markets.

Download the latest fund factsheet (0.4MB)

Costs & Charges Disclosure Document (PDF - 0.2MB)

View the KIID (PDF - 0.1MB)

Fund facts

You must be over 18 to invest.

Up to four named people can collectively hold a unit trust.

Only one person can hold a Stocks & Shares ISA.

ISAs are only open to people who have already invested in an RLUM ISA.

We're not accepting any new investors into our ISA. But you can still open a new unit trust with us.

You can:

  • invest a lump sum (minimum £1,000)
  • make regular monthly contributions (minimum £50)
  • or a combination of both.

There is no maximum investment limit in a unit trust.

If you're an existing customer, you can still top up your investment. See the Topping up your investment section.

You can top up with:

  • a lump sum (minimum £500)
  • regular monthly contributions (minimum £25)

There's no maximum investment limit in a unit trust. If you want to invest in a unit trust through an ISA, the most you can invest is £20,000.

Don't forget that any cash ISA and / or innovative finance ISA and / or lifetime ISA investment you make in this tax year counts towards your overall ISA allowance limit.

There's no fixed investment term and you can choose to increase or decrease your monthly payments.

You can even take up to two 'payment holidays' in a year if you like. You'll need to let us know in advance if you'd like to do this and the minimum monthly payment must be at least £50.

You can make partial withdrawals from your investment. But you should remember that making any withdrawals will reduce the value of your investment and any income you receive from it. You can withdraw all of your money at any time.

Please remember that if you withdraw your full ISA allowance in the same tax year that you opened it, you won't have another ISA allowance until the following tax year.

The minimum withdrawal is £250.

We'll send you a half-yearly statement to let you know how your investment is performing. You can also ask for a valuation of your investment at any time by calling us on 0345 605 7777.

You can check the daily unit price online using the fund performance table for your funds.

If you invest in a unit trust through a stocks & shares ISA, you won't have to pay any further tax on this investment.

You'll have to pay personal income tax on any income you earn from an investment, other than a Stocks & Shares ISA. You may also have to pay capital gains tax when you sell your units. This depends on whether you've gone over your annual capital gains tax exemption.

Up-front charges

We won't make an initial charge for contributions made on or after the 1st March 2019. For details of any initial charges before this date, please see your contract note.

Annual Management Charge

Our annual management charge is 1.5% for all Trusts, except for the Corporate Bond Monthly Income Trust where it's 1%. We aim to keep our charges to a minimum and will let you know about any changes.

Ongoing charges

As well as the Annual Management Charge, we make ongoing charges for the additional costs of managing the Trust. These include the Trustee's fees and expenses and audit fees but excludes portfolio transaction costs.

You can find details of all charges in the Key Investor Information Documents (KIIDs) and Costs & Charges Disclosure Documents (CCDDs). 

Transactional charges

These are costs we have to pay when buying and selling underlying investments.

An illustration of the effect of the charges on the funds can be found in the Costs & Charges Disclosure Document for each fund.

Manage your RLUM ISA

Top up your investment, change a direct debit, switch funds or transfer an existing ISA.

Manage your ISA or Unit Trust Manage your ISA or Unit Trust