Can I buy ETF's in ISA Wrapper?

EdInvestor

sva19 wrote: »

Ideally I want the below

Cash ISA - with a bank
Stock ISA - with fidelity
Shares ISA - with ???

H-L is probably the cheapest for the amounts you are talking about mixed btw regular investments in unit trusts (depending on which ones)a nd ETFs in an ISA and using half the total allowance.

jamesd

sva19 wrote: »

So the only way around this is to find a new provider for my S & S ISA which also allow EFT in ISA?

You can have an unlimited number of S&S ISAs. The only limit is one active one receiving money for each tax year. If you want ten ISA providers then you can transfer one tenth of the money from last tax year into each of the ten S&S ISA providers accounts. So you could continue regular payments into the Fidelity ISA (but why, HL is cheaper!) and transfer to HL from time to time after the end of this tax year.

sva19 wrote: »

Another question is buying EFTs as monthly invest cost effective, I plan to buy say Lyxor India £100 per month (with share.com dealing cost only £2.50 for Buys when in Batch? Sells Would be £7.50)

It's not cost-effective. Better an India tracker unit trust or OEIC for the regular monthly payments. You'll read lots of rubbish about unit trust annual charges but those are cheaper than regular dealing charges for ETFs for low purchase value. Just wait until you have enough in the unit trust to make a trade worthwhile then sell the unit trust and do an ETF buy. At £1200 a year a £2.50 buy cost is 0.21% so at that price buying an ETF a few times a year would be worthwhile.

danny_x wrote: »

Is there a tax advantage to holding an ETF within an ISA rather than outside it?

Yes. You don't have to account for buying and selling for capital gains tax calculation. That's a significant time saving for you. You also avoid paying CGT when your trading amounts get large enough.

debbie42

jamesd wrote: »

That's a significant time saving for you.

Which is reason enough for me to have an ISA, regardless of the fact that I'm not paying any CGT.