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What happens to any income from my investments within the HL Stocks and Shares ISA?

Your HL Stocks and Shares ISA can be set up to treat income in one of three ways:

  • Reinvestment: Income will be held within your account and accumulated until it reaches or exceeds £10 per holding, when it will be automatically reinvested, or you can choose your own reinvestment level between £10 and £1,000. Reinvestments are made between the 11th and 21st of each month (or as soon as practicable thereafter). A dealing commission of 1% (£1 minimum, £10 maximum) will apply.
  • Held on account: Income will be held on your account pending your further investment instructions.
  • Paid out to your nominated bank account: Income will be paid out directly to a nominated bank/building society account. This payment will be made within ten working days of the end of each month.

The instruction you give will apply to all income paying holdings within your HL Stocks and Shares ISA.

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