Able to keep dividends and proceeds from sales in Dollars, in a separate wallet to your £ So you can straight reinvest without having to convert currency.
This is a great idea!
This is a special idea but personally I rather have everything in one format. Although if FT does implement this I wouldn’t complain but I don’t see any benefit of this and there’s also no downside.
So that you don’t have to convert the currency, like he said.
Currently the dividend gets paid in usd and converted to gbp @0.45%, then if you want to buy back into the stock you must convert gbp to usd again @0.45%.
Ah got it now my bad didn’t see this first time round.