selling sanctioned ISA Fund

I neglected to sell a Russian ISA Fund before sanctions were introduced. Is it still possible to dispose of these kind of funds? I am considering switching from a Stocks & Shares ISA to a Cash ISA and I understand you cannot hold both ? Any guidance much appreciated.

Comments

  • eskbanker
    eskbanker Posts: 29,859
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    Have you tried selling yet?

    In terms of S&S ISA and cash ISA, there's nothing preventing you from holding (and paying into) both, as long as total annual deposits (excluding transfers) don't exceed £20K.
  • dunstonh
    dunstonh Posts: 115,664
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    if the fund is suspended then it cannot be traded.


    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.
  • Cus
    Cus Posts: 540
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    I have a lump in the Pictet Russia equity fund, that's suspended.  I've accepted the reality that it's likely worthless, but they annoyingly still show it valued at the last available price, like a tease...
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