North American Fund

An investment in North American companies with a broad spread of interests

North American Fund at a glance

Risk level Progressive
What are the different risk levels?
Minimum investment: Lump sum from £1,000 (or currency equivalent)
Regular savings plan from £50 per month
What is the regular savings plan?
Up front fee: 5% of your investment
Currencies available:
  • Sterling
  • Euro
  • US dollar
Fund switching: Fee-free switching to any fund offered by Lloyds TSB Offshore Fund Managers Limited

Latest fund prices and yields

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How does the North American Fund work?

The North American Fund is an investment in North American companies. The Fund aims to increase your capital over the longer term.

You can invest anything from £1000 (or currency equivalent), or as little as £50 per month with our regular savings plan.

You can check your investment value online at any time with our online portfolio service, or request a paper statement.

Whenever you want to access your money, just sell some or all of your shares in the Fund — there are no penalty fees.

We have a dedicated call centre where you can speak directly to a fund representative.

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What's the level of risk?

Progressive: For the investor looking to achieve real long-term capital growth/income. There is an increased risk of loss to capital. Income and growth may fluctuate and you may get back less than you invested.

Read our guide to the different risk levels.

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What will I be investing in?

Equities: the North American Fund invests entirely in shares in North American companies.

The portfolio may include technology, healthcare, oil and gas and a broad spread of other sectors.

Read our guide to the different types of investment.

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How long should I plan to invest for?

You should plan to invest for the medium or long term — at least 5 years.

A short-term investment in equities has a higher level of risk, as markets can be volatile. All equity investments carry less risk over the longer term.

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Who is the North American Fund for?

Choose the North American Fund if you're looking for:

  • a more adventurous addition to your portfolio: typically you'll already have some low risk investments, and would like to invest some spare capital to provide potentially larger returns.
  • an investment in North American companies: you feel that North American markets will perform well over the long term.

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Who is the North American Fund not for?

The North American Fund is not the right choice you if:

  • you don't want to risk your capital: if you can't afford to risk losing part of the sum you're investing, find a lower risk fund using our Savings and Investments Finder.
  • you need a regular income: if you need an income from your investment, for example to supplement a pension, take a look at our income funds.

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How to apply

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More information


It should be remembered that the value of shares and the income from them can go down as well as up and cannot be guaranteed. An investment in a currency other than the shareholder's own base currency or in a fund that invests in securities denominated in currencies other than its base currency will be subject to the movements of foreign exchange rates, which may cause an additional favourable or unfavourable change in value. Consequently, investors may, on selling their shares, receive an amount greater or less than their original investment.