Can an IFISA be held with more than one provider?

Yes, but it is more complex due to the ‘one of each type’ rule. There are three ways to open more than one IF ISA:

Every tax year the IF ISA provider can be changed so there are multiple IF ISAs with multiple providers. This requires opening a new IF ISA each year with different providers.
Investors can transfer funds between ISA managers. This is especially useful if there are funds subscribed to ISAs in previous years that investors want to invest in direct lending. Investors can transfer funds to more than one IF ISA provider. Initially, HMRC drafted the regulations so that only direct lending providers could be IFISA managers. Goji successfully campaigned to change these rules though so that third party ISA managers, such as investment platforms and Goji, could be ISA managers and enable investors to diversify their ISAs.

Who is Goji?

Goji is an investment platform focused on providing investors and intermediaries with access to UK Direct Lending.

How is Goji regulated?

Goji are authorised and regulated by the Financial Conduct Authority. Our FRN number is 805323

Who can invest in Goji’s products?

You have to be resident in the UK and aged 18 or older. Investors must also pass some anti-money-laundering checks and be considered one of the following types of investors:

  1. Sophisticated investors who can confirm that they meet certain tests as to their investment experience.
  2. High net worth investors who can confirm their income in the preceding 12 months exceeds £100,000 or their net assets in the same period exceed £250,000.
  3. Restricted investors who can confirm they will restrict investments in non-readily realisable investments such as this to less than 10% of net assets over a 12-month period.
  4. Professional investors who can confirm that they meet certain criteria as to their professional eligibility.
  5. Advised investors.

In addition to any certificate or confirmation provided, you may be required to demonstrate that investment in the Goji Diversified Lending Bond is appropriate for you.

Do I need to sign terms and conditions?

Acceptance of Terms & Conditions is automatically assumed upon investing with Goji. Investors can review and electronically sign the Terms and Conditions upon opening a Goji account. For more information, please click here.

How can I set up an account?

You can set up an account as an individual investor by registering here and entering your personal details and agreeing to the Terms & Conditions and Privacy Policy. Goji might also ask you to provide further ID details as part of standard compliance checks.

If you are a financial intermediary or professional investor please contact us.