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£1bn will be handed out by banks and building societies today in the form of mortgages

Source: Credit Action January 2008 (www.creditaction.org.uk)

Home / Investments / Legal and General Managed Income

Legal and General Managed Income Investment

Legal and General Managed Income

Income funds invest in fixed-interest securities such as corporate and government bonds and aim to provide a steady monthly or quarterly income for you.

Key features of this investment

  • Over 40 people in the fixed income team who manage over £65 billion of assets (September 2010)
  • Invest online and they discount any initial service charge to 0% and there are no exit fees. If you apply by post or over the phone there is a 3% initial service charge. The Fixed Interest and High Income funds have no initial charge
  • You can invest tax-efficiently in our actively managed funds through a stocks and shares ISA
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