Bed & ISA
A special type of transaction that lets you efficiently move an investment from a Dealing account to an ISA (where you can hold it tax-free).
Rather than manually selling the investment in your Dealing account and buying it back in your ISA, a Bed & ISA carries out the two transactions together. This minimises your dealing charges, as well as your exposure to market movements.
Bed & ISA deals are available across a wide range of investments, including shares, investment trusts, trackers and bonds (but not unit trusts and OEIC funds).
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