There are still some easy ways for you to invest and enjoy some tax benefits. The challenge can be deciding what to invest in to make the most of your annual allowances.
So, if you are looking for ideas for this year’s ISA, explore the growth potential of emerging markets through Templeton Emerging Markets Investment Trust (TEMIT).
Our investment team hand picks 60-80 quality companies to create a balanced portfolio - making it easy for you to invest in emerging markets and enjoy some tax benefits too!
Part of the appeal of emerging market economies is that they generate over 65% of global growth* - driven by the demographic trends of growing populations growing wealthier, through to industry leadership in the revolutionary ‘new’ economies.
*Source: IMF WEO, October 2021
In e-commerce, semiconductors, artificial intelligence (AI) and computer gaming, emerging market-based companies have become synonymous with innovation and market disruption.
Individual Savings Accounts (ISAs) and Self invested personal Pensions (SIPPs) are still a great way to invest in the stock market thanks to their flexibility and the tax benefits they offer.
Source: HM Government
Allowances for 2023/24 – deadline 5 April 2024
(or 100% of earnings if lower)
Allowances for 2023/24 – deadline 5 April 2024
Allowances for 2023/24 – deadline 5 April 2024
Individual Savings Accounts (ISAs) and Self Invested Personal Pensions (SIPPs) are still a great way to invest in the stockmarket thanks to their flexibility and the tax benefits they offer. Your annual ISA allowance is £20,000 and you won’t have to pay anything to the taxman or even declare it on a tax return.
The annual allowance for SIPPs is currently £60,000 and they offer a range of advantages including tax relief and the ability to take some tax-free cash. As they are more complicated, we recommend seeking financial advice before making any decisions.
Children have their own tax allowances too. The Junior ISA allowance is £9,000 and the Junior SIPP allowance is £3,600. They offer the same benefits and tax advantages and are easy way to take the first steps of an important investment journey. One key point is that the money in Junior ISA can’t be accessed until the age of 18 when it becomes an ‘normal’ ISA and money in a Junior SIPP is safely locked away until retirement. It’s an easy way for parents, grandparents, family members and friends to give children a helping hand in their financial future.
Shares in TEMIT qualify as an investment which can be held through an ISA. TEMIT is available through a stocks and shares ISA from a number of different companies. As individuals’ financial circumstances will differ, we recommend you talk with a qualified financial adviser regarding the options available to you before making investment decisions.
Important Legal Information
This website is intended to be of general interest only and does not constitute legal or tax advice nor is it an offer for shares or invitation to apply for shares of the Templeton Emerging Markets Investment Trust (TEMIT). Nothing in this website should be construed as investment advice. Opinions expressed are the author's at publication date and they are subject to change without prior notice. Subscriptions to TEMIT can only be made on the basis of the latest available audited TEMIT annual report and TEMIT half-yearly report if published thereafter.
The value of shares in TEMIT and income received from it can go down as well as up, and investors may not get back the full amount invested. Past performance is not an indicator or a guarantee of future performance. Currency fluctuations may affect the value of overseas investments. When investing in a fund denominated in a foreign currency, your performance may also be affected by currency fluctuations. An investment in TEMIT entails risks which are described in the TEMIT annual report. In emerging markets, the risks can be greater than in developed markets. Investments in derivative instruments entail specific risks more fully described in the TEMIT annual report.
US Persons are not eligible to invest in TEMIT. Shares of the TEMIT are available for sale and distribution in the UK. Any research and analysis contained in this website has been procured by Franklin Templeton Investments for its own purposes and is provided to you only incidentally.
References to particular industries, sectors or companies are for general information and are not necessarily indicative of TEMIT's holding at any one time.
References to indices are made for comparative purposes only and are provided to represent the investment environment existing during the time periods shown. An index is unmanaged and one cannot invest directly in an index. The performance of the index does not include the deduction of expenses and does not represent the performance of any Franklin Templeton fund.
MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed or produced by MSCI.
There is no guarantee that TEMIT will achieve its objective. Please consult your financial adviser before deciding to invest. You can download a copy of the latest TEMIT annual report and TEMIT half-yearly report, or request one, free of charge, from Franklin Templeton Investment Management Limited, Cannon Place, 78 Cannon Street, London EC4N 6HL. Authorised and regulated by the Financial Conduct Authority. Telephone: 0800 305 306, Email: [email protected].
