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
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