What qualifies an ETF to be held within an ISA trading account?

[underestimateme]

I'm gradually shifting my strategy towards a more macro and ETF based approach. I'm currently looking for exposure to the World Energy Sector. What exactly qualifies an ETF to be held within an ISA? The IG ETF screener seems to suggest that there are no ETFs available!

 

Do I need to look for a different provider?

[JakubIG]

Hi @underestimateme,

The HMRC decides which instruments are ISA eligible and which are not. 

I'm sharing this link updated every morning with you, which has a full list of instruments on Share Dealing. There is a column "ISA eligible" which indicates if it's ISA eligible.

Thanks,

Jakub

[Caseynotes]

3 minutes ago, JakubIG said:

Hi @underestimateme,

The HMRC decides which instruments are ISA eligible and which are not. 

I'm sharing this link updated every morning with you, which has a full list of instruments on Share Dealing. There is a column "ISA eligible" which indicates if it's ISA eligible.

Thanks,

Jakub

Link not working. 'can't open file notice'

[JakubIG]

@Caseynotes strange. Try to copy and paste http://www.marketdatasystems.com/content/files/Stockbroking Share List.pdf this on your browser.

[Caseynotes]

1 minute ago, JakubIG said:

@Caseynotes strange. Try to copy and paste http://www.marketdatasystems.com/content/files/Stockbroking Share List.pdf this on your browser.

same notice, I've never had a problem with pdf's before?

[JakubIG]

4 minutes ago, Caseynotes said:

same notice, I've never had a problem with pdf's before?

Mmm I'm not sure what the issue is. I'm able to open it. Can you try on Chrome? 

[Caseynotes]

11 minutes ago, JakubIG said:

Mmm I'm not sure what the issue is. I'm able to open it. Can you try on Chrome? 

ok, it's working in Chrome but not in Edge

[underestimateme]

Amazing. Thank-you.

Out of interest, what are the criteria that the HMRC bases their decisions on?

[THT]

On 14/07/2021 at 13:23, underestimateme said:

Amazing. Thank-you.

Out of interest, what are the criteria that the HMRC bases their decisions on?

That's above everyone's pay grade - funds/ETF's have to meet FCA approval to be allowed to hold within a tax efficient wrapper/vehicle - to avoid people buying into unregulated Investment houses and funds which then "suddenly" cease trading taking everyones cash with them, other factors are used but its really to safe guard investors investments

[JakubIG]

@underestimateme I found a good article about this topic here