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Transfer Funds out of Vanguard Query
Euro_Skank
Posts: 41 Forumite
Hi,
I wish to transfer my distributing S&P 500 holdings held in my Vanguard General Acct into my Halifax SD acct.
Is it possible to transfer it straight into an accumulating version at Halifax?
TIA!
I wish to transfer my distributing S&P 500 holdings held in my Vanguard General Acct into my Halifax SD acct.
Is it possible to transfer it straight into an accumulating version at Halifax?
TIA!
0
Comments
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Not as far as I'm aware, 'in specie' transfers need to be exactly like for like, so you'd need to go via cash at some point.1
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Thanks, kinda what I thought, I was just hoping to hear otherwise.eskbanker said:Not as far as I'm aware, 'in specie' transfers need to be exactly like for like, so you'd need to go via cash at some point.0 -
Its not really an issue though. either do a share class switch before or after.Euro_Skank said:
Thanks, kinda what I thought, I was just hoping to hear otherwise.eskbanker said:Not as far as I'm aware, 'in specie' transfers need to be exactly like for like, so you'd need to go via cash at some point.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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