Changes to the way you can invest in an ISA

ISA rules have changed. Her Majesty’s Revenue & Customs (HMRC) has confirmed that you will be able to invest in shares listed on the small and medium sized company exchanges within an Investment ISA

What does this mean?

You can choose to hold shares listed on the Alternative Investment Market (AIM) and ICAP Securities and Derivatives Exchange (ISDX) in an Investment ISA

From Monday, 5 August 2013, the most popular* AIM shares will be available to trade online through our investment ISA. We will then gradually increase the number of AIM and ISDX shares available to you to trade as we complete the full checks to ensure they meet ISA regulations. If you are unable to place a trade online for a particular share listed on the AIM or ISDX within your ISA, please call us on
0808 231 4904and we can verify whether it is eligible.

Many clients invest actively in shares listed on these markets outside their ISAs and we have been lobbying through industry bodies in support of this extension of investment choice within an ISA.

If you already hold shares listed on AIM or ISDX in a MarketMaster® account you can transfer these to your ISA.  Please note that this will involve a sale of the shares before they can be repurchased within your ISA which may be taxable.

This change means any returns earned on these investments will not be subject to tax when held within an Investment ISA. However, share prices in small and medium size companies can be more volatile than large companies, so these investments will not match everyone’s appetite for risk. You should only incorporate them into your ISA portfolio if you are comfortable with this increased level of risk.

Alternatively, if you want access to a range of companies listed on these markets and consider that professional investment expertise would be helpful in navigating through the choice of individual shares, you could consider investing in funds that specialise in small and mid cap companies

Please remember that the value of investments can go down as well as up and you may get back less than you invested.  If you are unsure about any investment please seek independent advice.  Barclays Stockbrokers does not offer advice.

*AIM shares that have been traded 100 times or more by Barclays Stockbrokers clients in the last 12 months..

†0808 calls are free from a BT landline. The price on non BT phone lines may be different - please check with your telecoms provider. Calls may be recorded so that we can monitor the quality of our service and for security purposes. If calling from outside the UK, please dial +44 141 352 3915. Our opening hours are 7.30am to 8.30pm Monday to Thursday, 7.30am to 6pm on Friday (excluding bank holidays) and 9am to 2pm on Saturday.

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Our service here at Barclays Stockbrokers is designed for investors who are able to make their own investment decisions and our platform offers a cost effective and convenient way to achieve this. We are committed to helping you on your investment journey by offering state-of-the-art trading platforms, as well as a broad and diverse range of accounts and products.







Barclays Stockbrokers does not provide advice on the suitability of investments. It is an execution-only stockbroker. If you are unsure about the suitability of investments, seek independent advice. We do offer investment choices, education and tools for clients who are able to make their own investment decisions. All investments can fall in value as well as rise and you may get back less than you initially invested.

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