Demo rate card0.45% total annual charge; growth not guaranteed, illustrated at 2%, 5%, 8%
The pound values and percentages on this page are invented AcornBank product terms, chosen for a realistic bank-style example. They are not current market offers, an invitation to deposit or invest money or a forecast of what a real bank will pay.
| Product detail | Demo terms |
|---|---|
| Account type | General investment account |
| Rate, reward or charge | 0.45% total annual charge; growth not guaranteed, illustrated at 2%, 5%, 8% |
| Opening / maximum balance | £100.00 to £1,000,000.00 |
| Access | Sell holdings at any time; story proceeds arrive within four working days; the value can fall as well as rise |
| Eligibility in the scenario | An adult story customer investing for at least five years and able to accept falls in value |
| Fees | 0.45% of the value each year |
| Growth scenarios | 2%, 5%, 8% a year after charges; the value can also fall |
| Currency | GBP (£), used solely for fictional calculations |
Fees and charges
| Charge | Model treatment |
|---|---|
| Opening / arrangement | £0.00 |
| Monthly account fee | £0.00 |
| Ongoing charge | 0.45% of the value each year, modelled as a deduction from growth |
| Dealing and exit charges | £0.00 in the model |
| Interest on borrowing | None; this product cannot be overdrawn |
| Early access | See access terms |
| Real amount payable to AcornBank | £0.00 — this is a fictional demo, not a service |
Canopy Investment Account is general investment account in the Investments range, used for long-term growth outside a tax wrapper. Its live rate card, summary and worked tables sit above this text and update whenever the product record changes.
Keep the cost in the same picture as the rate
A fee can reduce the benefit of interest, growth or cashback, and borrowing interest can exceed a reward. The table distinguishes ongoing charges from an upfront fee. Do not subtract a fee twice: the mortgage total already includes its arrangement fee, while its yearly repayment rows contain repayments only.
The worked examples show the product-specific calculations and timing assumptions in full.
The fictional fund
Every investment product in the story holds one made-up fund, the AcornBank Woodland Balanced Fund, which owns imaginary shares in imaginary trees. It has no factsheet, no past performance and no manager, which is at least consistent. Real investing involves real risk and real research; this page involves neither.
See the whole Investments range or compare every product on the rates page.
What the example does not promise
All figures are invented and shown to make the demo useful to read and crawl. No money is held, no application is available, and no deposit-protection, regulatory or tax-wrapper status is claimed. Calculations do not account for personal tax, inflation or unstated changes in rates. The fictional bank manager can guarantee only that the next paragraph contains no real acorns.
Related reading
- This Is a Fictional Bank — No Real Banking Here
- Site Map — Every Branch of AcornBank
- Rates — Savings, Borrowing and Rewards
- Help — Unruffle Your Tail
- Investments — Longer Afternoons, Later Acorns
- Canopy Investment Account — Fetching Your Fictional Stash
- Canopy Investment Account — How Much Fits in a Hollow?
AcornBank: entirely fictional banking, exceptionally committed squirrels.