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Dividend Reinvestment Query
Kua
Posts: 303 Forumite
Hi
I have an ISA account with III. I use automatic dividend reinvestment. But I've noticed that the divi from my shell shares isn't enough to buy a new share (I've been getting around £8 each time when a single share costs ~£20). The transaction is listed as "Credit Product Fund Sweep". Any idea where this money is going?
Thanks
I have an ISA account with III. I use automatic dividend reinvestment. But I've noticed that the divi from my shell shares isn't enough to buy a new share (I've been getting around £8 each time when a single share costs ~£20). The transaction is listed as "Credit Product Fund Sweep". Any idea where this money is going?
Thanks
0
Comments
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I don't use iii so cannot tell for sure. But almost certainly it is in your account somewhere as 'cash'.0
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