Investing for climate impact
Transfer your ISA in a few simple steps and feel confident it is working for you and the planet.
With investing, your capital is at risk
Why transfer your ISA to Clim8?
- Actively managed portfolios built by our in-house investment team
- Invested exclusively in climate solutions
- Tailored to your risk profile
- Transparent about what is in your portfolio
How to transfer your ISA
Download Clim8 Invest app and create an account. If you’re a Clim8 investor already, go straight to Step 2.
Contact our Customer Success Team with your provider’s name at firstname.lastname@example.org. They will send you a relevant transfer form.
Send over the completed form and our team will arrange everything with your existing provider. They will get in touch with you once everything is handled and follow up in case there are is any missing information.
Which ISAs can I transfer?
Currently, we offer a Stocks & Shares ISA, however you can transfer any ISA from the list below to your Clim8 account. For additional information, check the FAQs or get in touch
Tailored to your risk profile
Choose the risk profile most suited to you by selecting from one of three curated options.
A lower risk portfolio weighted towards more stable investments
A portfolio with a balance of risk and reward
A portfolio with more dynamism and a higher risk profile for long-term growth
This is an indicative portfolio breakdown. Your breakdown may vary slightly based on your investment amount and adjustments to maximise performance. Performance based on last 12 months up to 30 September 2021. Returns are illustrative only, based on simulated past performance. Past performance is not a reliable indicator of future performance. The portfolios were established on 21 August 2020. Respective benchmarks based on comparative portfolio composition data using MSCI World and the Barclays Global Aggregated Bond Indices. For comparative purposes, the average return of the benchmark net of fees over the last 10 years is 6.09%, 8.84% and 11.58% respectively for the Cautious, Balanced and Adventurous portfolios.
- Annual management fee, calculated and charged monthly in arrears
For example, for a £5.000 investment, the charge would be £2.50 a month.
Blended costs for a shares and funds in the portfolio.
This can carry over time as we seek to optimise your investments.
Peace of mind
- Your personal information is bank level encrypted
- Your ssets are protected by the Financial Services Compensation Sheme (FSCS) up to a limit of £85.000.
An ISA is an Individual Savings Account which is a tax efficient wrapper that allows you not to pay tax on any growth or income you’ve made in investing or saving while your savings or investments remain within the ISA wrapper. The government allows every tax resident in the UK a set amount of tax-free allowance within each tax year – this tax year (2021/22) it’s £20,000. If you don’t use all your tax-free allowance for that year, it doesn’t roll over to the next year.
You can read more about ISAs in our dedicated product page.
Provided you have not opened and or funded a stocks or shares ISA in the current tax year, then you can open a Stocks and Shares ISA with Clim8.
If you have a cash ISA with another provider, you can open a Stocks & Shares ISA with Clim8, and you can split your tax-free allowance of £20,000 between the two.
Contact our support team on email@example.com, state your current ISA provider name and request transfer-in forms. We will take care of the rest.
Transfers normally take up to 4 weeks. However, this depends on your current provider. We always aim to process transfers as quickly as possible but if your transfer is taking longer than expected, it is a good idea to follow up with your current provider as they may be able to help progress the transfer across.
No, ISA transfers do not count towards your annual allowance. Further contributions into your Clim8 ISA will count towards your tax-free annual ISA allowance.