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    Does an ETF count against your annual ISA allowance and if you have an ISA can you have an ETF with a different provider?

    22 April 2022

    Question by Richard

    Does an ETF count against your annual ISA allowance and if you have an ISA can you have an ETF with a different provider?

    Answered by Boring Money

    Hi Richard,

    In simple terms, an ETF (Exchange Traded Fund) is a type of tracker fund.

    You can hold an ETF in most investment wrappers including an ISA and Pension.

    If you hold an ETF in a General Investment Account then it does not count towards your ISA allowance.

    If you purchase it in your ISA then yes it counts towards your £20,000 ISA allowance.

    You can hold an ETF with any provider that allows it and this can be a different provider from your ISA provider.

    I hope that helps!

    Josh

    Answered by

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    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.