Monday, January 3, 2011

Maxi-ISA

A maxi-ISA is an account where an investor can place their maximum ISA allowance (currently £10200) with one ISA plan manager, e.g. in one asset class. The alternative is a Mini-ISA whereby the year's ISA allowance is split between cash, insurance, and shares.

Synonyms: ISA, Individual Savings Account

Comments?
If you have any further questions or would like to add to this fund management term, then please submit your thoughts below.

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