Elevate Stocks & Shares Individual Savings Account (Elevate ISA)[

The Elevate ISA is a product wrapper available through the Elevate platform. It holds investments and enables current and previous years’ stocks and shares ISAs to be consolidated. Although Elevate does not offer a cash ISA, such holdings can be transferred into the Elevate ISA, to be invested in investment funds or securities.

Each Elevate ISA has its own ISA Cash from which charges and adviser remuneration are paid. Alternatively, charges and remuneration for the Elevate ISA can be paid from GIA Cash, which means that the tax efficiency of the Elevate ISA wrapper can be maximised.

The value of investments can fall as well as rise and is not guaranteed. Clients could get back less than they invest.

Tax information is based on our understanding of current tax legislation. Tax legislation may change in the future.

Further information:

• Investing in the Elevate ISA is intended to be a medium (at least 5 years) to long term (over 10 years) investment.
• There are two categories of investment options available through the Elevate ISA. These are investment funds and securities.
• The minimum initial investment amount into the Elevate ISA is £1,000. Alternatively, clients can commit to minimum regular payments of;
  - £100 monthly;
  - £300 quarterly;
  - £500 half yearly; or,
  - £1,000 yearly.
• No minimum amount for transfers into the Elevate ISA.
• Payments into the Elevate ISA are subject to HMRC subscription limits. For 2009/10 tax year the stocks and shares ISA subscription limit is £7,200. From 6 October 2009, the ISA subscription limit increased to £10,200 for anyone who is aged 50 or over during the 2009/10 tax year. Up to £5,100 of the new ISA allowance can be saved in a cash ISA with one provider. The remainder of the £10,200 can be invested in a stocks and shares ISA with either the same or another provider. Alternatively, the full £10,200 can be invested in a stocks and shares ISA with one provider. Elevate does not offer a cash ISA. These higher limits will apply to all eligible ISA investors with effect from 6 April 2010.
• Charges taken from a client’s portfolio are used to cover the following:
  - Elevate carrying out required transactions
  - Adviser remuneration
  - Third party investment costs