About OneFamily’s Stocks and Shares ISA
A OneFamily Stocks and Shares ISA is a type of account that invests your money in the stock market on your behalf. As it’s an ISA, there’s no tax to pay when you withdraw your money.
All you need to do is choose which of our two funds you’d like to invest in: one for more cautious investors and one for those happy to take more risk.
As it’s an investment product, your money has good potential to outgrow interest rates, but you need to be aware that there is a risk that its value could go down, which would mean you getting back less than you’ve paid in if you decide to withdraw while the value is low.
We charge an Annual Management Charge of 1.1% of the account value.
You can invest up to £20,000 in a Stocks and Shares ISA each tax year. But you don’t need to invest as much as that, at OneFamily, our minimum investment is just £25 a month by Direct Debit or a lump sum starting from £250.
You have a choice of two funds
As these funds invest in stocks and shares, the value of your account can go down as well as up, meaning you could get back less than you pay in.
When you open your OneFamily Stocks and Shares ISA, you’ll be asked to choose which of our two funds you’d like to invest in:
Global Equity
For more adventurous long-term investors
Global Equity invests in company shares.
When deciding which shares to buy, Global Equity takes into account how sustainable companies' business models are and what they're doing to lessen their negative impact on the environment.
Find out more about how this fund invests with a focus on the climate.
Annual Management Charge 1.1%
Risk rating
Lower HigherYou can find out more about Global Equity in our Key Information Document and Fund Factsheet
Global Mixed
For more cautious long-term investors
Global Mixed invests at least 65% of your money into lower risk, fixed-interest assets, which makes this fund a more cautious investment option compared to Global Equity. This element of the fund doesn’t use Global Equity's climate-focused criteria.
Up to 35% of this fund invests in climate-focused company shares via the Global Equity fund.
Annual Management Charge 1.1%
Risk rating
Lower HigherYou can find out more about Global Mixed in our Key Information Document and Fund Factsheet
Ready to get started?
What is a "climate-focused" fund?
When you open your ISA, you'll be asked which of our two funds you'd like to invest your money in, Global Equity or Global Mixed.
Global Equity
If you choose our Global Equity fund, you'll be giving companies more reason to work towards being more climate-conscious. The more companies do to reduce their impact on the environment, the more likely it is this fund will invest in them.
That's because this fund's approach to selecting company shares involves looking at what they're doing to reduce, and adapt to, climate change. Its exclusion criteria also filters out more of the companies in the most polluting sectors.
Our fund managers assess and score the 1,500-2,000 companies on the MSCI World Index based on:
However, this fund may invest in some companies that might surprise you, such as oil and mining companies. While most of these companies are filtered out, some are included as they are able to prove that they're actively preparing for climate change.
You can find out more about the systematic approach Global Equity uses when selecting company shares here: 'How we invest for a brighter future'.
Global Mixed
Up to 35% of our other ISA fund, Global Mixed, is invested this way, while the rest is invested in lower risk, fixed interest assets and doesn't use a climate scoring system to select investments. This could mean some investments are included that would have been filtered out of the Global Equity fund.
Why invest in a OneFamily ISA?
We’re owned by our members for our members, which means we don’t have shareholders to pay – so we can reinvest our profits for good.
Putting our members first and improving the financial wellbeing of those who need it most is firmly built into our values. We have nearly 1.6 million customers* and 49 years’ experience of providing accessible, affordable products to help people make the most of their money. And don’t just take our word for it - our customers rate us highly, with an overall satisfaction score of 93% in 2023.**
Our Inspiring Better Futures vision is driven by doing the right thing for our customers, colleagues and communities. We awarded 111 young people with education grants to help with the cost of further education and training in 2023, as well as supporting our communities through volunteering and our charity partnerships.
*As at 12 May 2024.
**Source: Bright survey, 2023.
Learn about investing in ISAs
Find out everything you need to know about investing with our simple investment insight articles and our frequently asked questions about stocks and shares ISAs.
How does the annual ISA allowance work?
You can put up to £20,000 in ISAs in your name each tax year. Find out how this limit works.
What should I do if my stocks and shares ISA loses value?
It’s normal to see the value of your investment go up and down over time. The worst thing you can do is panic!
Can sustainable investing fight climate change?
Climate-focused funds try to invest in assets that are causing less damage to the environment compared to their competitors.
Video: What is investing?
Hear our fund managers talk about what happens to the money you pay into a OneFamily Stocks and Shares ISA.
Transferring into our Stocks and Shares ISA
Transfer an ISA to OneFamily
If you’ve got an ISA with a different provider, you can transfer it to us free of charge. We accept transfers from Cash ISAs and Stocks & Shares ISAs with a balance of at least £250.
Transfer money from a OneFamily Child Trust Fund into an ISA
If you want to transfer your OneFamily Child Trust Fund money into our ISA or Lifetime ISA you will need to register or log into your Child Trust Fund online account.