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Grayswood

grayswood

By grayswood,
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Fletch Frequent Contributor

Fletch

Posted
Posted

I'm not from IG, so I can't say for certain, but it's likely that the wrapper will just go by the general term of 'ISA', irrespective of whether you have an IG Smart portfolio ISA, or a stocks and shares ISA. My stocks and shares ISA is just listed as 'ISA'. There is fundamentally no real difference between the two 'different' ISAs other than the smart portfolio ISA is managed by IG on your behalf, whereas I manage mine myself. I don't know enough about how IG manages the ISA to say at what point they turn your cash deposits into investments. 

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