Shrewd Savings Plan ISA

The NFU Mutual Shrewd Savings Plan ISA is a stocks and shares ISA that invests in our With-Profits fund. This means that your money is invested in a tax-efficient environment within our With-Profits fund, which aims to achieve long-term growth. In addition, any money you take out of your plan is paid without any further liability to taxation. The value of tax benefits depends on individual circumstances, and is subject to change.

NFU Mutual offers a choice of two ISAs. As well as the Shrewd Savings Plan ISA we also offer the NFU Mutual Stocks and Shares ISA, giving you access to unit linked investment funds.

Investment limits

This tax year, the total annual ISA allowance has increased to:

NFU Mutual does not offer a Cash ISA Option.

How does the investment work?

If you take out an NFU Mutual Shrewd Savings Plan ISA, your money will be invested into the NFU Mutual With-Profits Fund, which means it will be spread across a large number of different investments, including fixed interest stocks, property and equities. The returns with this type of investment are 'smoothed', so you'll experience the potential for steady growth over the long-term. Any growth achieved will be reflected by increases in the unit price and a further ‘one-off’ addition of terminal bonus units which may be added when the units are cashed in. As with all stock market linked investments, the value of this plan can go down as well as up, and you may not get back the amount you invested. On partial or full withdrawal, in certain circumstances, we may apply a Market Value Reduction (MVR). Further details are available in the FAQ section below.

You can invest from as little as £25 a month or £1,000 lump sum.

Investment expertise

Investments in the With-Profits Fund are managed by NFU Mutual's investment team, who choose which stocks to invest in. Their philosophy is always to balance potential returns without taking unnecessary risk. In other words, to generate long-term growth rather than speculative short-term gains for investors.

This information is based on NFU Mutual's understanding of current HMRC practice and legislation, which are subject to change. The value of relief from taxation is dependent upon personal circumstances.  

Shrewd Savings Plan ISA FAQ Find out more information about NFU Mutual's Shrewd Savings Plan with our frequently asked questions.

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