We offer access to a wide range of investment options, including funds, exchange traded funds (ETFs) and individual shares. Read more about the investments we have available and how our research tools could help to find the right investment for your needs, along with details of associated fees and charges.
Please remember that the value of investments and the income from them can fall as well as rise, and you may get back less than you invest.
An individual share is a unit of ownership in a company. UK shares (also called equities) are listed on the London Stock Exchange and the price of all stocks will fluctuate through the day.
We also offer access to international stock exchanges including New York, Paris, Frankfurt, Milan, Amsterdam and Brussels. You can also trade on other global stock markets using a type of investment called a depository receipt – this is a security which represents an interest in an overseas security.
Funds are collective investments where a professional Fund Manager will pool together money from various investors and invest it on their behalf. Funds give you cost effective access to a much wider range of investments than you would be able to obtain as an individual.
As the Fund Manager can spread your money across a range of different sectors, markets and investment types, the risk involved may be reduced.
With an actively managed fund, the Fund Manager will aim to pick the best investments to try and achieve the fund’s objective of regular income or investment growth.
With a passively managed fund, the Fund Manager will track an underlying index or market.
If you want to track an index (e.g. FTSE 100 or S&P 500) or invest in a commodity (e.g. gold or platinum) you can do this by investing in an Exchange Traded Fund (ETF) or Commodity (ETC). Instead of trying to outperform a market or index, they are designed to closely replicate the underlying assets in order to closely monitor its performance.
An investment trust is a fund which is a publically listed company that is traded on the stock exchange like shares. Investment trusts have a Fund Manager who will invest in different investment types to generate a return for its shareholders. The net asset value (NAV) of an investment trust is the value of its assets, divided by the number of units in issue. As investment trusts are traded on the stock market, it may trade at a higher or lower price than its NAV – this is known as trading at a discount or premium.
Investment trusts have a fixed number of shares meaning the Fund Manager can choose when to buy and sell assets, rather than when investors join or leave a fund. Investment trusts can also borrow money (known as gearing) in an attempt to increase investment returns (although this can increase the potential for losses if the assets fall in value).
When you invest in a bond or gilt you are essentially lending money to a company or government. In return for your investment you will receive a regular fixed interest payment and the initial value of the investment will be paid back to the holder on a specified date.
Call us on 0345 606 0560 to trade a bond or gilt
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, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.