it’s that time again girls and boys anyone care to guess which stocks or ETF’s will be in todays batch.
What time on a Friday will the new stocks be added?
I see the new REITS haven’t been put in the ISA because they are taxed differently, how come BCPT is in the ISA when this is also a REIT ?
BCPT actually isn’t a REIT, although that may change as they’re potentially planning a conversion. Right now though, AFAIK, BCPT are structured as a traditional investment trust that happens to invest in commercial property, as I don’t think they’ve completed that conversion.
25 more new UK stocks added today. We’ll be updating the list each week in the post up top!
Including requests like Greencoat (a specialist investment trust in wind power), AJ Bell and cybersecurity firm Sophos Group. Go check 'em out.
Very cool thanks for the update!
Interested in why Inmarsat was added given its going private. Was it simply because its in the FTSE 250?
Hi, are we likely to see some new ETF’s coming to the platform soon ? Thanks
Absolutely. Keep an eye on next week’s batch.
Do you think your user base are aware of the tax implications of REITs? Should there maybe be an additional page before buying one of these warning of this/ perhaps putting a portion of the dividends from this in a different pot named: tax.
Just an idea.
Property Income Distributions were a real pain for me in my former roles. Hoping the registrar gives you the appropriate Dividend vs PID split (especially when that payment is made by way of Crest settlement) and then posting 2 dividends in your back office system. Then dealing with the client phone calls asking “why do I have 2 payments” or explaining why the PID is now (potentially) taxable in their hands if outside of an ISA was arguably more trouble than it’s worth. You’ve gotta suspect a detailed run down on REITs is coming from the marketing team to your inbox shortly!
Regarding Dan’s Inmarsat question - yeah, another slightly curious one. Looks like the offer is at $7.21 and currently trades at circa £5.75 so the market is pricing in that this is going to happen - otherwise the price would deviate more from the offer. Not sure the time, effort and cost of getting that on the platform were entirely warranted given it’s potentially short life span. Still - if people asked for it - then give the people what they want.
What are the tax implications of REITs??
Essentially the dividend equivalent of REITs is taxed at the basic rate (20%).
It’s just included on your tax return as other income.
Looking forward to some new ETF’s dropping tomorrow afternoon
Please welcome the new additions to your Freetrade app
Newly added – 23 August:
BSIF - BLUEFIELD
RDW - REDROW
AGK - AGGREKO
UDG - UDG HEALTHCARE
CPI - CAPITA GROUP
BCA - BCA MARKET
SCT - SOFTCAT
JLG - JLEN Environmental Assets Group Ltd
DNLM - DUNELM
CAPC - CAP & COUNT
GPOR - GR.PORTLAND
ENOG - ENERGEAN OIL
TCAP - TP ICAP
PHP - PRIMARY HEALTH
VCT - VICTREX
SRP - SERCO GRP.
GNS - GENUS
SYNC - SYNCONA
DPLM - DIPLOMA
BYG - BIG YELLOW GRP
QQ - QINETIQ
MRC - MERCANTILE INV.
AGR - ASSURA
ASCL - ASCENTIAL
VVO - VIVO ENERGY
EMIM - iShares Core MSCI Emerging Markets IMI UCITS ETF
SEMB - iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist)
IH2O - iShares Global Water UCITS ETF
INRG - iShares Global Clean Energy UCITS ETF
SEML – iShares J.P. Morgan EM Local Government Bond UCITS ETF
Which ones are you most excited or intrigued by?
How come Qinetiq doesn’t need a nationality declaration while the likes of BAE Systems would? I don’t understand this CREST thing.
Dunelm based on my wife and daughter’s spending.
INRG but need to research more
Sadly none of those ETFs
Big Yellow Group (BYG) is a money making machine. One of my all time dividend favourites held in my SIPP since 2010.
Please add Safestore next time - Safestore - SAFE
From memory it does. This would appear an error. Unless it’s only available as an instant trade rather than as part of a free/4pm trade.
EDIT : Yep, confirmed. It does.