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Self-select ISA's

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Mamadems | 16:37 Fri 03rd Feb 2006 | Business & Finance
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I amthinking of getting a self-select ISA but need to know whether one can change the investment mix within the ISA or whether you are stuck with your selection for the year.


For instance, say I open a S-SI, purchasing �2k worth of BT shares and �2K worth of Barclays shares at the beginning of the tax year. Am I stuck with that selection for the year or can I sell the BT shares and purchase HBOS shares instead (all within the ISA).


Any help will be appreciated.

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I have my Self Select ISAs online in nominee accounts (ShareCrazy and iDealing) and there's nothing to stop you buying and selling as often as you want.

Admin charges vary (�60 p.a at SC) as do trading costs, under a tenner per trade for the two above (+ 0.5% stamp duty for all purchases).

Needless to say there are many other firms offering online share accounts.

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