For investors who have used their whole ISA allowance, have contributed to their pension and are now looking for somewhere else to save money, you could consider a General Investment Account (GIA).

• A GIA is a generic account that allows you to invest into a range of fund(s), but is not wrapped for tax-efficient purposes
• To hold a GIA you must be a minimum of 18 years old.
• There is no upper limit for what you can save in any given time period
• You may also like to consider a designated GIA. Some of our investors consider this route for a child, rather than a Junior ISA.

You should be aware that any capital gains made, above the annual allowance, will be subject to Capital Gains Tax (CGT) and any income earned over £100 per year will be added to your tax position. You will be provided with a tax voucher each year, so that you can submit a self assessment.

In the UK alone, there are over 3,000 different funds to choose from, so choosing the right one can feel daunting.

At Chelsea, we have collated a number of different options:

1. The award-winning VT Chelsea Managed Funds – The VT Chelsea Managed funds offer a complete investment solution. You can choose from one of the four managed funds, based on your requirements and attitudes to risk.
2. Build a Portfolio – If you are interested in building your own portfolio, why not head over to our Research Hub or read our Build a Portfolio guide. Alternatively, you can also use our Viewpoint or Fund Review to help you make an informed decision.

Once you know where you want to invest, there are a number of ways you can invest:

• Log in to your account and process your instructions yourself
• Call us on 020 7384 7300 and our helpful staff will assist you
• Complete an application form and forward it to us at:

Chelsea Financial Services, St James Hall, Moore Park Road, London, SW6 2JS

Before investing, you should ensure that you have read the key investor documents of the fund(s) you want to invest in to, the pre-sale illustration(s) and the relevant terms and conditions. More details can be found on our dedicated disclosures page.