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 | Stocks and shares ISA |
| Rate, reward or charge | 0.45% total annual charge; growth not guaranteed, illustrated at 2%, 5%, 8% |
| Minimum / demo annual allowance | £100.00 to £20,000.00 per demo tax year |
| Access | Withdraw at any time; money taken out cannot be replaced in the same demo tax year; the value can fall as well as rise |
| Eligibility in the scenario | An adult story customer with this year’s fictional £20,000 ISA allowance unused |
| 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 |
Projected value of £10,000.00 plus £200.00 a month
| Period | Total paid in | Low growth 2% | Mid growth 5% | High growth 8% |
|---|---|---|---|---|
| 5 years | £22,000.00 | £23,280.89 | £25,956.20 | £28,908.08 |
| 10 years | £34,000.00 | £37,623.45 | £45,888.15 | £56,116.25 |
| 20 years | £58,000.00 | £69,839.87 | £101,888.58 | £151,606.31 |
Projection assumptions: the lump sum is invested on day one and each monthly amount at the start of the month; growth is applied monthly after a 0.45% annual charge, which the model deducts from the growth rate; no withdrawals, no inflation and no tax inside the wrapper. The three growth rates are illustrations, not forecasts. Investments can fall as well as rise, and the value can drop below the amount paid in.
What charges cost over 20 years at 5% growth
| Annual charge | Value after 20 years | Difference |
|---|---|---|
| 0.45% (this product) | £101,888.58 | £0.00 |
| 1.00% (a dearer fictional platform) | £94,917.80 | £-6,970.78 |
Using the demo ISA allowance
| New money in the demo tax year | Allowance used | Allowance remaining |
|---|---|---|
| £10,000.00 lump sum | £10,000.00 | £10,000.00 |
| £200.00 a month for 12 months | £2,400.00 | £17,600.00 |
| £10,000.00 lump sum plus £200.00 a month | £12,400.00 | £7,600.00 |
The demo allowance is shared with any cash ISA in the story. Growth and withdrawals are untaxed in the model; money withdrawn cannot be replaced in the same tax year.
Evergreen Stocks & Shares ISA is stocks and shares isa in the Investments range, used for long-term growth inside a demo tax-free wrapper. Its live rate card, summary and worked tables sit above this text and update whenever the product record changes.
Plan the account before the paperwork
Choose a story goal for Evergreen Stocks & Shares ISA, identify the amount available and check when it will be needed. Read the access rules before the rate: withdraw at any time; money taken out cannot be replaced in the same demo tax year; the value can fall as well as rise. Next, compare a suitable example with the fee summary. No real sign-up, identity upload, payment link or customer account is available on this site.
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
- Evergreen Stocks & Shares ISA — How the Nutwork Works
- Evergreen Stocks & Shares ISA — Adding Pretend Nuts
AcornBank: entirely fictional banking, exceptionally committed squirrels.