• One of the main investment vehicles used by MAP advisers is a General Investment Account (GIA). They are pretty much identical to a unit trust and are similar to ISAs.
    GIAs are tax-efficient and advantageous in some respects, making them a useful way to invest money in the hope it grows over time. In most client’s cases, we believe GIAs to be the best product to use once an ISA limit has been reached for that year.

General Investment Accounts (GIAS)

GIAs (and unit trusts/OEICs) maximise the growth of each unit which makes it up, by increasing the value per unit. So if it invests in the right products and more people buy, the value will rise. At MAP, our constant monitoring approach means we can guide you in that respect.

How Do They Work

These types of products are subject to Capital Gains Tax (CGT) rules as they provide people with growth only. In most cases, they do not provide an income, thus meaning they are not subject to income tax. They can, however, be used as such if the client so desires.

These products have professional fund managers, who gain customers by being transparent and showing the exact makeup of an investment. This is good for those who have a preference when investing, for example, some clients want only ethical funds or those from their country of origin.

You can transfer money from GIAs/unit trusts/OEICs to ISAs to make CGT irrelevant but bear in mind ISAs have annual maximum amounts. If you have a sizeable amount, it would be beneficial to make gains each year before transferring into an ISA, so as to use up your CGT allowances.

You can read more about MAP's own MAP Investment Cycle approach; or start a GIA online without prior advice.

Starting a GIA/Unit Trust or OEIC? Want An Existing One Reviewed?

If you are interested in starting a GIA/unit trust/OEIC and would like some advice, or you'd like to have an existing one reviewed, please contact us by using the quick enquiry form on this page, or calling us on 0345 241 1808.  

Quick Enquiry Form

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