Our investment bond
Designed as a long-term investment, Select Investment is our investment bond that gives you the potential to benefit from stock market growth.
Invest for income, growth or a combination of the two, with regular or one-off withdrawals
Access a wide range of investment funds, all managed by our professional fund managers
Putting the bond in a Trust could help you to minimise any inheritance tax liability
The amount you’ll get back depends on how long you invest for, the performance of the funds you choose, our charges and any withdrawals you make.
The value of your investments can go down as well as up and you may get back less than you originally paid in.
Is Select Investment for you?
If you’re wondering whether or not this investment bond is right for you, take a look at what Select Investment could do for you.
Income tax payer
If you’re a basic or higher rate tax payer with at least £10,000 to invest over the medium to long term, which is 5 to 10 years or more, then Select Investment could be for you.
If you're not a UK taxpayer, you won't be able to take out a Select Investment bond.
Medium to long-term
If you have enough funding for a rainy day or two, you might want to consider Select Investment and put some of your spare money to work – as long as you're happy with the level of risk involved.
There are two types of charges that we may apply to your bond – annual management charges and fund charges.
Annual management charges
We take an annual management charge to cover the cost of running your bond. We cancel units in your funds on the first of each month to pay for it.
Some funds have charges in addition to the basic annual management charge. These vary depending on the funds you choose.
There may be an extra management charge and/or a fund management expense charge, which covers the fund manager’s expenses connected with buying, selling, valuing and maintaining the assets.
What Select Investment offers
Our investment bond has a variety of benefits that could help you grow your money.
- Growth potential
The funds you can invest in have the potential to increase in value, so you could see your money grow over the long term
- Wide fund range
Our wide fund range offers a distinct selection of investment funds, catering to different aims and risk levels. Visit our Fund Centre to learn more about all of our funds
All of the funds available through our Select Investment, benefit from expert fund management. The Fund managers’ aim is to achieve the highest possible returns they can for your money.
Take regular or one-off withdrawals and move money from fund-to-fund. And with options such as our With-Profits investments and guaranteed funds, you've got the freedom to invest in a range of diverse funds whenever you see fit
- Take your money out, your way
You can make regular or one-off withdrawals from your bond. Please remember, any withdrawals you take from your bond will be taken from your capital
- Tax planning
You might want to reduce or even eliminate any inheritance tax liability, so putting your bond in a trust might make sense. Depending on the way you put your bond in trust, you could lose access to the investment and/or any growth it generates.
How it works
We explain the way Select Investment works in 3 steps.
Choose your funds
We’ll invest your money in the funds you choose, like stocks and shares, property, or gilts.
We’ll help you diversify
By investing in a range of different funds, you can spread the risk to your money, as you’re not putting all your eggs in one basket.
We’ll keep you updated
We’ll send you a statement each year shortly after the anniversary of your investment date. The statement includes an easy to follow summary and valuation of how your bond is doing.
Things to consider
Make sure you're comfortable with the risk of investing before you get started.
- The value of your investment can go down as well as up and you may get back less than you invest
- Remember, any income from Select Investment will be in the form of cash withdrawals from the bond. These will be capital payments rather than interest or earnings. So, if investment growth doesn’t keep up with the level of income you take, the value of your bond will reduce
- Tax treatment depends on your individual circumstances and may be subject to change in future.
- Depending on the funds you choose, there may be restrictions on when you can access your money. Or there could be penalties imposed on withdrawals at certain times. Visit our Fund Centre and click on the fund name to access the factsheet and learn more about the features and risks before choosing a fund.
Are you eligible?
- Minimum investment amount is £10,000
There’s no upper limit although you can’t invest more than £1,000,000 in our With-Profits investment fund
- Aged 12-85
From ages 12-15, the proposal needs to be signed by a parent or guardian
- Basic or higher-rate income tax payer
If you don’t pay any income tax, Select Investment may not be suitable for you
Ready to apply?
You'll need to talk to a financial adviser before you can get a Select Investment Growth & Income Bond - they'll even help you apply. Bear in mind that you may have to pay for their advice.
If you don’t have a financial adviser, you can find one near you at unbiased.co.uk.
Looking for something different?
We have a range of products that you can invest in.
Aviva Stocks & Shares ISA
You can invest up to £20,000 tax-free in the 2020/21 tax year in a stocks and shares ISA. Make changes or take out money whenever you need without notice or penalties.
Our Aviva Pension
Take control of your retirement with our self-invested pension. You can manage your account online, choose where to invest your money and get tax relief on your eligible payments.
Already have an investment bond with us?
Get information about your bond.
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Product provided by: Aviva Life & Pensions UK Limited. Registered in England No. 3253947. Registered office: Aviva, Wellington Row, York, YO90 1WR. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Firm Reference Number: 185896.