E-Investments accounts opened before 20th February 2023

This page is for customers who opened their accounts before 20th February 2023 and have account numbers beginning with 'IL'

Our ready-made investments

If you want more information about the three funds, read Our Fund Range and Investments(PDF, 226KB) This document contains details of how the funds are managed, their objectives and risks, and a detailed breakdown of the charges.

Our funds' past performance

The data in the below table and performance chart refer to the past, and past performance is not a reliable indicator of future results. The performance data includes the ongoing charge and all transaction costs within the fund, but does not include the 0.24% service fee which is paid to us once per year.

Source of data: FE Fundinfo

Date	Managed Growth Fund 2 Cautious	Managed Growth Fund 4 Balanced	Managed Growth Fund 6 Progressive
Date 31st Dec 2022 – 31st Dec 2023	Managed Growth Fund 2Cautious + 8.6%	Managed Growth Fund 4Balanced + 9.9%	Managed Growth Fund 6Progressive + 11.0%
Date 31st Dec 2021 – 31st Dec 2022	Managed Growth Fund 2Cautious - 12.3%	Managed Growth Fund 4Balanced - 8.9%	Managed Growth Fund 6Progressive - 7.0%
Date 31st Dec 2020 – 31st Dec 2021	Managed Growth Fund 2Cautious + 3.5%	Managed Growth Fund 4Balanced + 8.2%	Managed Growth Fund 6Progressive + 12.5%
Date 31st Dec 2019 – 31st Dec 2020	Managed Growth Fund 2Cautious + 4.0%	Managed Growth Fund 4Balanced + 2.3%	Managed Growth Fund 6Progressive + 1.9%


31st Dec 2018 – 31st Dec 2019	Our funds weren’t launched until 16th September 2019.

Past performance graph

The above graph shows the percentage change of the funds since launch. This is to help you understand how the funds have performed over the longer term.

Please remember that the data in the above table and below performance graph refer to the past, and past performance is not a reliable indicator of future results.

The Last Available Price for each fund is shown below the graph and this is usually the price from the previous trading day. If you decide to invest in one of our funds, your trade will be sent to the Fund Manager and you will get the price given on the next available valuation point for this fund, which could be higher or lower than the price shown above.

Understanding the charges

These charges are based on the value of your total investment.

The total cost is a combination of the service fee, ongoing charge and transaction costs:

The service fee is 0.24% (capped at £36). It is calculated monthly (minimum of 20p per month) based on the total value of your investment and is then paid to us once a year. This fee covers our costs for managing your account.
The ongoing charge is charged by the fund manager for their services and is built into the total value of the fund.
Transaction costs are incurred when the fund manager buys and sells investments within the fund. These costs are built into the fund's value.

Fund type	Service fee	Ongoing charge	Transaction costs	Total
Fund type Cautious - Managed Growth Fund 2	Service fee 0.24% (capped at £36)	Ongoing charge 0.23%	Transaction costs 0.11%	Total 0.58%
Fund type Balanced - Managed Growth Fund 4	Service fee 0.24% (capped at £36)	Ongoing charge 0.24%	Transaction costs 0.12%	Total 0.60%
Fund type Progressive - Managed Growth Fund 6	Service fee 0.24% (capped at £36)	Ongoing charge 0.22%	Transaction costs 0.12%	Total 0.58%

Important legal information

The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Important share dealing information