Holly Mckay
Holly MackayFounder and CEO

Can you hold investment trusts in a Stocks and Shares ISA?

30 May 2023

Question by Sandra

Can you hold investment trusts in a Stocks and Shares ISA?


Answered by Holly Mackay

Hi.

Yes, you absolutely can and it’s probably the best way for most retail investors to buy and hold investment trusts – keeps them in this tax-free environment. Think of the investment trust as the ‘product on the shelf’ and the ISA provider (also known as a ‘platform’) as the supermarket. Administration fees can be cheaper if you use some platforms for investment trusts – check out our Investment Trust Hub for more info and the article on fees for investment trusts via certain platforms too.

Holly

Investing for Beginners

Learn how to start those all-important first steps with our 7 bite-sized lessons!

Answered by

Holly Mackay

Founder & CEO, Boring Money

I’ve worked in investment markets for over 20 years. I started out at Merrill Lynch Investment Management and worked at a few big names before setting up my first business in 2008.

|

We use cookies

You will see cookie information on different websites and regulation means that we need to ask your permission to use them. We use cookies to improve our website, for analysis of our visitor data, to show personalised content and to give you a great website experience. For more information about the cookies we use open the settings.