The Lemon Fool

has anyone got experience of using an interactive investor trading account to lodge their vct certificates and trading ?
I have us.ed HL for a few years but they have stopped accepting the certificates.
Thanks

I've used ii to buy ands sell VCT shares as trades, with no major problems. The exception was just after the transfer from ATS when I had to message ii to get them to approve the inclusion of specific VCT shares for purchase. This was usually resolved in a couple of days, so not a problem as most BVT share prices change slowly. I was also happy with the prices.

Most of my VCT holdings are certifcated, but I have one that I would like to sell which I have deferred until I feel comfortable that ii will be in a postion to deal with it properly.

ij

Thanks IJ, are there some VCTs that ii won't sell ?
If yes, Is there anyway of finding out which ones they don't sell ?
thanks

The easiest way I found was to set up a trade in the relevant stock and see if it would go on to allow a preview of the trade. If the stock was not currently traded a message to that effect would appear, then I sent a message querying. In all cases the stocks were added. I think it was a case that ii had not had investors before ATS who traded VCT shares.

Give it a go and see, I don't think you will have any problems.

ij

thanks IJ, will do.
I noticed that they also give full trail commission refund on new issues rather than the typical 25% from Wealth Club
Tim

I sent II all my VCT certificates when my account was moved over from ATS. It was all handled quickly and efficiently.

Yikes.... the state has had an update
Someone who likes blue and orange has joined the team

There is a thread here on selling VCTs that might be a more general source of info:

viewtopic.php?f=25&t=31599

From memory, at the end of last year, Aberdeen (Aberdeen Standard, abdrn or whatever they are now), announced that they are buying 100% of II.

I seem to remember that they had to send out a very large number of large hardcopy documents relating to the takeover, perhaps to II customers and that had been delayed due to the lack of suitable paper.

If I were an II customer then I would be concerned about operational changes after the merger is completed.