Three last-minute ISA options for undecided investors

With the 5 April end-of-tax-year deadline fast approaching, we look at three different options for those investors still undecided about where to invest this year's allowance:

1. Chelsea Selection and Core Selection

With more than 3,000 funds available, choosing one or even a few in which to invest your hard-earned cash can be a bit daunting.

That's why our fund research team has done some of the hard work for you and built the Chelsea Selection, a list of around 100 funds we have individually researched, analysed and identified as worthy of consideration.

If 100 funds is still too many, you can also take a look at our more concentrated Chelsea Core Selection, which consists of 42 funds – all also on the Chelsea Selection – that we think have a place at the heart of an investor's portfolio.

2. VT Chelsea Managed funds

For a complete investment solution, the recently-launched range of VT Chelsea Managed funds not only consist of carefully-chosen products, but the portfolios are actively managed for you. So no need to worry about rebalancing your portfolio, or protecting it against any nasty surprises – that's all done for you. There are four VT Chelsea Managed funds: Monthly Income, Cautious Growth, Balanced Growth and Aggressive Growth.

3. Cash reserve

If you don’t use your tax-free wrapper by the 5 April, you will lose this year's allowance forever, as you cannot take it over into the new tax year.

So if you really can’t make a decision now, you could put your money into our Cash Reserve facility. This means that your allowance is secured and you can move it into a fund at a later date, without incurring any switching fees from Chelsea.

Call us now on 020 7384 7300 or invest online.

Past performance is not a reliable guide to future returns. You may not get back the amount originally invested, and tax rules can change over time. Darius's views are his own and do not constitute financial advice.