Below we explain how to invest in a New Star ISA. For an explanation of how ISAs work, please visit our
ISA section.
| Applying for a New Star ISA |
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We will accept your completed application upon receipt provided it meets with requirements of the New Star ISA Terms and Conditions. For investments in the current tax year your application must be accompanied by a valid subscription or regular savers direct debit.
| Transfers to a New Star ISA |
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You can transfer the cash value of any ISA from previous tax years, or a current tax year ISA, held with other managers into the New Star ISA by completing our ISA transfer application form. There is potential for loss of income and growth, following a rise in the markets, whilst the ISA transfer remains pending. Please note that the New Star Heart of Africa Fund and, for new investors, the New Star Money Market Unit Trust, are not available in an ISA.
| Transfers from another ISA manager to New Star |
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ISAs - As a general rule, ISAs can be transferred in whole or part to the same investment component of another ISA. If, however, you transfer an ISA during the tax year in which you have already made a contribution, your transfer must be in full. Money saved in Cash ISAs can be transferred to Stocks and Shares ISAs, but not vice versa. New Star does not offer Cash ISAs for new investors.
We apply the following discounts on the initial charges for ISA transfers:
1% discount - all New Star funds or unit trusts except those listed below.
0.75% discount - High Yield Bond Fund, Extra High Yield Bond Unit Trust, Fixed Interest Unit Trust, Sterling Bond Unit Trust and Technology Unit Trust.
Please note the discount is at the manager's discretion and may be withdrawn at any time.
Remember that the timing of both realising the cash value of your ISA with your previous manager, and of your investment with New Star is outside our direct control. Your investment will be out of the market between date of redemption by your current manager and date of investment by New Star. Your current ISA manager(s) may make a charge for a transfer.
| For PDF versions of fund factsheets, brochures, guides and more, please visit our literature library |
| Email: webdirectcontact@newstaram.com |
| Dealing Phone: 0845 608 8703 |
| Administration Phone: 0845 608 8704 |