Ready-made Investments
With low interest rates and high inflationInflation causes a rise in costs for goods and a drop in your purchasing power over a period of time, e.g. a pint of milk in 1990 was 25p whereas today a pint of milk will cost you 43p. you might be looking at investing for the potential to achieve larger returns from your savings. Invest in one of our three ready-made funds: you can choose the risk level that’s right for you.
Inflation makes things more expensive over time
Your savings may be worth less in the future if returns are lower than inflation.

Ready to get started?
If you need more information about our ready-made investments please read on.
Apply for a ready-made investment by logging on to your internet banking, once you have done this you will be able to start our application process.
Your Money, Protected
Our Ready-made investments are protected up to a total of £85,000 by the Financial Services Compensation Scheme. This limit applies to the total of any investments held across Halifax Share Dealing Limited.
This is in addition to protection from any other current or savings accounts held with the group.

Our ready-made investments
If you want more information about the three funds, read Our Fund Range and InvestmentsPDF opens in a new tab. (PDF, 2MB). 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 |
---|---|---|---|
Date30th Sept 2021 – 30th Sept 2022 |
Managed Growth Fund 2Cautious- 14.2% |
Managed Growth Fund 4Balanced- 9.6% |
Managed Growth Fund 6Progressive- 6.7% |
Date30th Sept 2020 – 30th Sept 2021 |
Managed Growth Fund 2Cautious+ 7.2% |
Managed Growth Fund 4Balanced+ 13.5% |
Managed Growth Fund 6Progressive+ 19.0% |
Date30th Sept 2019 – 30th Sept 2020 |
Managed Growth Fund 2Cautious- 0.7% |
Managed Growth Fund 4Balanced- 3.5% |
Managed Growth Fund 6Progressive- 4.7% |
Our funds were launched on 16th September 2019, so we can only provide performance data from this date.
|
|
---|---|
30th Sept 2018 – 30th Sept 2019 |
Our funds weren’t launched until 16th September 2019. |
30th Sept 2017 – 30th Sept 2018 |
Our funds weren’t launched until 16th September 2019. |
The data is correct as of 31/10/2022.
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 what you’ll pay per year
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 and applicable to the 2023 fee). 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 typeCautious - Managed Growth Fund 2 |
Service fee0.24% (capped at £36) |
Ongoing charge0.21% |
Transaction costs0.05% |
Total0.50% |
Fund typeBalanced - Managed Growth Fund 4 |
Service fee0.24% (capped at £36) |
Ongoing charge0.23% |
Transaction costs0.10% |
Total0.57% |
Fund typeProgressive - Managed Growth Fund 6 |
Service fee0.24% (capped at £36) |
Ongoing charge0.22% |
Transaction costs0.14% |
Total0.60% |
-
- The service fee is based on the value of your funds, calculated once a month and charged once a year (capped at £36).
- Ongoing charge and Transaction costs are calculated on an ongoing basis and built into the value of the fund.
Value of your investment
Managed Growth Fund 2 (0.50%)
Cautious
Managed Growth Fund 4 (0.57%)
Balanced
Managed Growth Fund 6 (0.60%)
Progressive
Value of your investment
£1,000
Managed Growth Fund 2 (0.50%) Cautious
£5.00
Managed Growth Fund 4 (0.57%) Balanced
£5.70
Managed Growth Fund 6 (0.60%) Progressive
£6.00
Value of your investment
£5,000
Managed Growth Fund 2 (0.50%) Cautious
£25.00
Managed Growth Fund 4 (0.57%) Balanced
£28.50
Managed Growth Fund 6 (0.60%) Progressive
£30.00
Value of your investment
£10,000
Managed Growth Fund 2 (0.50%) Cautious
£50.00
Managed Growth Fund 4 (0.57%) Balanced
£57.00
Managed Growth Fund 6 (0.60%) Progressive
£60.00
Value of your investment
£20,000
Managed Growth Fund 2 (0.50%) Cautious
£88.00
Managed Growth Fund 4 (0.57%) Balanced
£102.00
Managed Growth Fund 6 (0.60%) Progressive
£108.00
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.