A Nutmeg ISA is more than just a tax-efficient way of investing. You also get all the benefits of Nutmeg's service. This means:
When you set up an ISA with Nutmeg you can create a dedicated pot for each of your investment goals – from paying for your children's education to buying a first home. Any contributions you make to these pots will count towards your annual ISA allowance. Any contributions over the £20,000 allowance will be assigned to a Nutmeg general investment account.
When you make a withdrawal from your account, we'll first sell any investments that are not in your ISA. This means that you won't lose a portion of your ISA allowance unnecessarily.
When you set up an ISA with Nutmeg, we'll ask you if you hold a Cash ISA elsewhere, which helps make sure that you don't pay too much into your Nutmeg ISA.
As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. A stocks and shares ISA may not be right for everyone and tax rules may change in the future. If you are unsure if an ISA is the right choice for you, please seek financial advice.
Our team of specialists can help answer any questions you may have.