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Investing for beginners - Stocks and Shares Isa

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  • Alexland
    Alexland Posts: 10,183 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    edited 28 April 2020 at 8:00PM
    This L&G ISA gets weirder as they seem to be running a Split S&S ISA keeping lump sum contributions in an IL0001 ISA account and regular contributions in an IR0001 ISA account so I can see a £43.38 profit on the £500 and a £1.17 profit on the £100 separately.
  • VXman
    VXman Posts: 649 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Alexland said:
    This L&G ISA gets weirder as they seem to be running a Split S&S ISA keeping lump sum contributions in an IL0001 ISA account and regular contributions in an IR0001 ISA account so I can see a £43.38 profit on the £500 and a £1.17 profit on the £100 separately.
    I assume this is less now? Mine is seeing £25 on £900.
    What's the deal on receiving the cashback. I thought it was 3 months?
  • Alexland
    Alexland Posts: 10,183 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    edited 9 September 2020 at 8:51PM
    VXman said:
    Alexland said:
    This L&G ISA gets weirder as they seem to be running a Split S&S ISA keeping lump sum contributions in an IL0001 ISA account and regular contributions in an IR0001 ISA account so I can see a £43.38 profit on the £500 and a £1.17 profit on the £100 separately.
    I assume this is less now? Mine is seeing £25 on £900.
    What's the deal on receiving the cashback. I thought it was 3 months?
    Sorry - always behind these days. The performance will depend which fund(s) you chose to invest in. We just used their L&G International Trust stock market tracker and the original £500 is up by £114.35 and the 5 monthly £100s are up by only £27.62. Plus with the offer cashback now payable that's a circa £250 gain (each) so far. Alex
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