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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
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            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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