Curious: Why can’t I hold some shares in my Freetrade SIPP but I can hold them in my other platform SIPPs?
One example: NanoDimensions. $NNDM. I know it is not ISA’able but why on Freetrade is it not SIPP’able? It is on both Hargreaves and ii ?
I understand it is an ADR. But ADRs are not explicitly excluded from SIPPs?
Any help? What rule stops it from being in my SIPP?
Anyone at Freetrade want to jump here an explain the rules please? Would appreciate a response 
Hey, thanks for reaching out with your question!
You’re right that $NNDM is an ADR, and ADRs aren’t explicitly excluded from SIPPs. However, whether a specific share or security is available in a SIPP depends on a few factors, such as the operational policies and agreements we have in place with our custodian, as well as any regulatory requirements we need to follow.
We regularly review and update the investments available in SIPPs to make sure we meet compliance standards and customer demand, so it’s possible this could change in the future.
Best,
Patryk
Many thanks, that makes sense. But what specifically about $NNDM precludes it from being held with your custodian? Since your custodian is happy to house $NNDM in a GIA, what aspect of the stock makes them refuse to hold it in a SIPP? I can imagine pricing/valuation of assets is messy in a SIPP but can’t figure of why this maths-hurdle would stop ‘them’ as oppose to ‘FT’ housing it.
Since I hold a big position of $NNDM in my SIPP held elsewhere this becomes a blocker for me transferring the SIPP to FT.
If there are general SIPP rules but then an opaque layer of provider/custodian specific rules – how can anyone clearly calculate and be comfortably reassured any in-specie transfer they wish to instruct can be executed??? @Patryk