75 brand new stocks and ETFs — 8th Dec 2020

[jspen (#1,490)]

You guys complaining understand a stocking filler comes before the main presents at Christmas right? Be patient and you will be rewarded.

[finki]

Stock universe Google Sheet and Stocks to invest in - 6,000+ US, UK and European stocks to buy not updated with these 75, no? Or am I missing something?

[gmullebr]

@Freetrade_Team

Xtrackers Physical Gold GBP Hedged ETC
Xtrackers IE Physical Gold GBP Hedged ETC

Does anyone know why these 2 exist simultaneously?
The IE is newer (issue date 22/05/2020) and domiciled in Ireland, the other in Jersey (issue date in 2011). Does the domicile have a tax impact in UK in a taxable account? It does in e.g. Belgium where there’s a difference if the domicile is inside (Ireland) or outside (Jersey?) the EEA.

The newer IE version also has a expense ratio of 0.43% (0.15% base, 0.28% FX hedge fee) vs 0.69% (0.29% base, 0.4% FX hedge fee)

I’m assuming the IE version is just a more efficient version, similar to how other ETFs have been lowering their fees because of increased competition?

[My.financial.journey]

Hopefully the national declaration stocks for Christmas fingers crossed

[EuanG]

The technology doesn’t exist yet to add the new stocks and update the list on the same day.

[Jonny]

@Steve023

but you’re supposed to be FREEtrade.

It is still free to trade though They need revenue streams in order to provide this FREE service and that’s where plus comes in.

@Steve023

just less honest about it.

They’ve been honest about stocks moving to plus since September…

[jasejase (Jase)]

@Steve023

FREEtrade

Free as in unrestricted? Freedom of movement? Freemium…

If they didn’t have a revenue option, it couldn’t remain free for long.

[jasejase (Jase)]

Is it just since I’ve sold my stock in Mercia (therefore to buy again I would need Plus), or have they just recently been moved from free universe to Plus universe only?

Thank you,

Jase

[szb (Sergey)]

Last AMA provides some background thinking.

Freetrade Plus — Community AMA, October 2020

This has been extensively discussed on the forum already

The division between Free tier and Plus tier is simple

75 brand new stocks and ETFs — 8th Dec 2020

Here’s a summary from Expanded free and Plus stock universe 18 SEPTEMBER 2020

[tbutz]

@Steve023

Now when they stamp their little feet they want any good ones they missed snatched back from Free to be grasped to their rather greedy hearts.
These are the people who only think they are doing well if they are doing someone else down.
Do you think your £10 a month makes you so superior that your supercilious little ripostes go unchallenged.

[MrChew]

[EuanG]

Yeah, that caught my eye as well. Just another troll lashing out before flouncing off.

I’m fairly certain some of these guys don’t have an account with Freetrade, like the one who went on and on about his available balance disappearing, then said it was due to a margin call . There was another last night leaving because of the FX issue and going to a competitor who also had the FX issue, he even left his referral link on a couple of posts before they were deleted.

[Eden]

You sound like an advert…

You also seem to misunderstand the product, I’d suggest reading the links given by other members and the AMA.

@Steve023

then investors holding those stocks should have been notified in advance

They were, ages ago. If you use Freetrade you will have seen this information.

[Eden]

@Steve023

I’m happy to let the FCA and data protection authorities adjudicate on the matter

You will normally be required to put in an official complaint to Freetrade in the first instance to allow them sufficient time to investigate your complaint and give you a response. Then if you are not satisfied with the response you can escalate your complaint.

I’m not sure where you believe there was a data protection breach… that’s also a different process

[Eden]

@Steve023

But hey, let the FCA rule on it.

As I said you need to formally complain to Freetrade first. They have 8 weeks to investigate your complaint and give you a formal response. Then if you are unsatisfied with the response you can escalate that to the financial services ombudsman, NOT the FCA.

The FCA also do not deal with data protection issues that’s the ICO and has it’s own process.

But as you are a Freetrade user you will have received the information about plus and the changes in the stock universe with plenty of time, it’s unlikely your complaint would go further than Freetrade as a result.

[tbutz]

@Steve023

If that was the case then investors holding those stocks should have been notified in advance, not expected to root through this jumble of threads to find out.

I hold stocks impacted by Plus. I was told in-app on 23rd November.

[tbutz]

@Steve023

As none of you founding members have pointed me to the legal advice you received on dealing with this,

Umm, what? None of the people who are chatting here are FT employees.

Edit: If you’re confused, it’s because the post I’m replying to has been deleted by the looks, but this was a direct quote from it. Just FYI.

[Eden]

@Steve023

I don’t feel the need to let Freetrade rule on themselves
I am perfectly happy to let the FCA direct me as to how I should go about it

You seem unaware of the rules. The ombudsman is unlikely to take any case where you’ve not first tried to resolve it with the company.

I’m not making it up, it’s basic practice for financial firms

How to complain

I’m not sure why you feel your need legal advice for a simple complaint… but I’m sure they’ll be happy to take your money

[Eden]

@szb

Last AMA provides some background thinking.

I hadn’t realised they had put it up already

[Antparisi8 (tony pepperoni)]

Hi. I’m topping up a few biotechs over the next 12 months. but I’m beginning to think ther are just too many. Which ones do you like.
I’m thinking hemo oxb tils and redx