Maybe you want to save for your retirement, help fund your children through university, or just put something away for a rainy day?
Whatever your plans may be − and whether you're an experienced investor or you're just starting to invest for the first time − myM&G brings you lots of investment choice.
Below are the different options available to you with myM&G. We hope you find it useful. Unfortunately we are not able to give any financial advice. If you’re at all unsure about the suitability of your investment, please speak to a financial adviser.
Finally, when you're deciding how to invest, it's important to remember that the value of investments does go up and down. So how much your investments are worth will fluctuate over time, and you may not get back the original amount you invested.
Ways for you to invest
Individual Savings Account (ISA)
Nobody likes handing over money to the taxman, or not being able to withdraw cash from an investment if you need to pay an unexpected bill. So, if you want your savings to be tax-efficient and easily accessible, investing through an ISA could be one of your first ports of call. When you’re thinking about investing through an ISA, it’s important to remember that ISA tax rules may change in the future. The tax advantages of investing through an ISA will also depend on your personal circumstances.
Ways for you to invest for your children: Junior ISAs
If you're a parent or guardian who's planning for the future, a Junior ISA could be a great way of giving your children a helping hand.
General Investment Account (GIA)
Once you've used up your yearly tax efficient ISA allowance or if an ISA isn't right for your needs, myM&G's General Investment Accounts (GIAs) are here to help you to add to your investments in a simple and straightforward way.
What you can invest in
Invest in an actively managed fund
If you don't have lots of time to concentrate on buying and selling individual stocks and shares yourself (and we know many people don't), you may find it easier and more cost-effective to invest in a fund that's actively managed by our investment experts.
Different types of investments
Everybody has different goals for their money, so myM&G makes it simple and straightforward for you to choose the mixture of investments that's right for you.
Here's an introduction to the different types of investments, and how they're designed to achieve a wide range of objectives, depending on what you want your investments to achieve:
These are shares of ownership in a company. Well-managed companies tend to grow, so investing in equities can generate higher returns over the long term than simply leaving your money in a bank or building society account. Although, please remember that past performance is not a guide to future performance.
Bonds can offer a more predictable income for your investments than riskier kinds of assets like equities. They can also add important diversification to your investment portfolio.
Investing in commercial property can help you to generate both income and capital growth as part of a balanced investment portfolio.
If you want to spread your investment risks, you could invest in a range of assets including equities, bonds, property and cash, all in one portfolio.
Absolute return funds
Making money from investments whatever the conditions, even in a falling market, can be a tall order. It is, however, the overarching goal of funds that aim to achieve an "absolute return".