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ISA Fund options

More information on the ISA and the fund options available

More information

Here's some more information on the LV= ISA:

The aim of the ISA

First and foremost, we want to give you a fair return on your investment, while smoothing out the peaks and troughs of stock market investing. 

How the funds are managed

The ISA funds are managed in partnership with BlackRock to meet objectives set by LV=. They are one of the world's largest fund managers with over $11.5 trillion assets under management worldwide. (Source: https://www.blackrock.com/uk as at January 2025).

What the ISA is

Our LV= ISA is a unitised with-profits plan which simply means that we use units and unit prices to measure your investments and your plan’s value. All funds are held within Liverpool Victoria Financial Services Limited (LVFS), and we combine your money with other investors’ money and manage it on your behalf. 

The LV= ISA product is member-qualifying and members can get access to certain benefits. Read more about what being a member means.

Learn more about mutual bonus

What the funds invest in

The range of ISA funds each contain a mix of different investment types, including shares (equities), commercial property and fixed interest investments such as corporate and government bonds.

Please remember the value of your investment could go down as well as up, so you could get back less than you paid in.

fund options

Your ISA options explained

A choice of multi-asset, risk-rated fund options to invest in

Extra Cautious Fund

  • This fund option is designed to provide long term steady growth together with a very low level of investment risk.
  • The fund invests, either directly or indirectly, in a diversified portfolio of fixed interest securities, equities, property, cash and other related instruments.*
  • The fund aims to avoid sharp rises and falls by averaging the investment return over a rolling 26 week period.

*Fixed interest securities can include government bonds and corporate bonds. Equities refers to shares in companies. Other related instruments refers to different types of investments, often used for the purposes of efficient portfolio management, not covered in the previous definitions.

    Cautious Fund

    • This fund option is designed to provide long term steady growth together with a low level of investment risk.
    • The fund invests, either directly or indirectly, in a diversified portfolio of fixed interest securities, equities, property, cash and other related instruments.*
    • The fund aims to avoid sharp rises and falls by averaging the investment return over a rolling 26 week period.

    *Fixed interest securities can include government bonds and corporate bonds. Equities refers to shares in companies. Other related instruments refers to different types of investments, often used for the purposes of efficient portfolio management, not covered in the previous definitions. 

      Balanced Fund

      • This fund option is designed to provide long term moderate growth together with a low to medium level of investment risk.
      • The fund invests, either directly or indirectly, in a diversified portfolio of fixed interest securities, equities, property, cash and other related instruments.*
      • The fund aims to avoid sharp rises and falls by averaging the investment return over a rolling 26 week period.

      *Fixed interest securities can include government bonds and corporate bonds. Equities refers to shares in companies. Other related instruments refers to different types of investments, often used for the purposes of efficient portfolio management, not covered in the previous definitions.

        Growth Fund

        • This fund option is designed to provide long term growth together with a medium level of investment risk.
        • The fund invests, either directly or indirectly, in a diversified portfolio of fixed interest securities, equities, property, cash and other related instruments.*
        • The fund aims to avoid sharp rises and falls by averaging the investment return over a rolling 26 week period.

        *Fixed interest securities can include government bonds and corporate bonds. Equities refers to shares in companies. Other related instruments refers to different types of investments, often used for the purposes of efficient portfolio management, not covered in the previous definitions.

          Growth Plus Fund

          • This fund option is designed to provide long term steady growth together with a medium level of investment risk. Within this objective we aim to invest in more sustainable assets within this fund.
          • The fund invests, either directly or indirectly, in a diversified portfolio of fixed interest securities, equities, property, cash and other related instruments.*
          • The fund aims to avoid sharp rises and falls by averaging the investment return over a rolling 26 week period.

          *Fixed interest securities can include government bonds and corporate bonds. Equities refers to shares in companies. Other related instruments refers to different types of investments, often used for the purposes of efficient portfolio management, not covered in the previous definitions.

            We want to make it transparent to our policyholders where their money is being invested. You can find more information on the benchmark asset allocations for the LV= ISA here.

            Optional guarantee

            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

            Hand holding a policy document with a green heart
            • If you invest in our Cautious fund you can benefit from an optional 10-year capital guarantee. This can be purchased on initial premiums, when further investments are made, or on the expiry of a previous guarantee. Please be aware of the associated terms and charges.
            • This additional security can be particularly useful if you wish to preserve your investments and are worried about market downturns.
            • Your guarantee means that at the end of the term, your ISA’s value will be at least the value on the start date minus any withdrawals, on-going and ad hoc adviser charges. Naturally, if your ISA is worth more than the guaranteed amount you’ll get the extra as well.

            Smoothing

            How smoothing your investments works

            • Smoothing is a method designed to level out the peaks and troughs of the stock market.
            • The value of your investment is based on the average daily unit prices over the preceding 26 weeks. It’s a process designed to give you a calmer investment journey. 
            • Please note that smoothing can be suspended at our discretion in extreme circumstances.

            Next steps

            To help you get the most from your money please contact your financial adviser

            If you do not have a financial adviser, you can speak to one of our investment advice specialists.
            Note: The information given in these pages should not be seen as advice to take out this product.