Here's some more information on the LV= ISA:
Protect your investment with an optional guarantee
We know it’s vital to feel comfortable with your investment choices. That’s why when you invest in the Cautious Fund you have the option of buying a capital guarantee
How smoothing your investments works
A more in-depth explanation can be found in our LV= ISA Customer Guide (PDF, 2.7MB). You can also find out more information in our 'your questions answered' section.
To help you get the most from your money please contact your financial adviser