Interactive Investor Funds Builder

With a Funds Builder plan you choose one of four calendar dates on which to trade each month. We then collect everyone's requests and make bulk trades, allowing us to pass commission savings on to you. It is as simple as that.

When you set up your plan you select both a subscription date (when the money leaves your bank account) and a trading date. You will also choose the amount you want to invest each month and where you want to invest it. From then on the trades will be made automatically on a monthly basis.

The important advantage of Funds Builder is its flexibility - change where and how much you invest at any time, stop and start the plan whenever you like, and even suspend a monthly payment if you have other financial priorities. It is a truly flexible way to build up a portfolio of investments, while taking advantage of low commissions.

Making regular payments over a sustained period of time also helps your investments to smooth out the highs and lows of the market - meaning you have to worry less about the right time to buy. Do remember though, the value of your shares can go up and down and that you may not get back the amount you invested.

Funds Builder is therefore ideal for people who are looking to invest regular amounts into funds to build up a portfolio of investments for the future and who want to take advantage of very low commissions.

As with all financial products, Funds Builder may not be right for everyone.

Funds Builder gives you flexibility to:

• Choose how much you invest in a fund
• Choose whether to invest with regular monthly payments or a one-off lump sum
• Choose where to invest from a range of over 1,300 funds
• Start and stop investing whenever you want
• Change the amount you invest or when you buy
• Have no tie-in factors or charges if you change your mind
• Select from a choice of four monthly dates on which to invest
• Buy little and often over the long term - helping to smooth out the ups and downs of the market and meaning less worry about the right time to buy.

There are no tie-ins or charges when you change your mind about any of the details of your plan. And if you see an opportunity you want to take advantage of immediately, simply buy on any date of your choosing for our regular low commission of less than 1% average initial commission.

At any point, for the following month's transaction, you can change where and how much you invest. You can also start and stop the plan whenever you like, and even suspend any number of monthly payments.

The flexibility of our account allows you to:

• Invest as much or as little as you want from as low as £20
• Stop and start whenever you want with no penalty fees
• Buy from a range of over 1,300 funds
• Change the amount you invest or when you buy
• Experience no tie-in or charges if you change your mind
• Choose from one of four monthly dates to invest.

With your Funds Builder plan you can still buy or sell at any time, in addition to your regular plan dates, for our normal low trading commission of less than 1% average initial commission. Our Funds Builder plan simply helps you get into the investing habit by setting up regular investment dates, and helps you to spread the cost of investing.

Opening an account with Interactive Investor means you can choose between an investment account, an ISA account, or a Self-Invested Personal Pension (SIPP) account - or one that does all three.

Your Interactive Investor account also lets you:

• Manage all your investments in one place
• Monitor your investment prices
• Get up-to-the-minute valuations of your investments
• Switch into new funds or sectors whenever you choose
• Hold funds, shares, bonds and cash within your accounts
• Transfer investments within an ISA or PEP, without losing the tax benefits