ETFs and ISA eligibility
Posted: October 2nd, 2023, 10:35 pm
How do I check if an ETF is eligible for my ISA?
I hold two China ones at the moment:
HSBC MSCI CHINA A UCITS ETF HMCA:LSE:GBP (ISIN IE00BF4NQ904) and
HSBC MSCI China UCITS ETF HMCH:LSE:GBX (ISINIE00B44T3H88).
My ISA platform had no problem letting me buy them, in my ISA, but I am a little alarmed to see them listed by FT.com as "UK ISA No".
I've looked at the List of reporting funds A to Z (https://www.gov.uk/government/publicati ... ting-funds) and they both appear.
I've also looked at Stocks and Shares investments for ISA managers "Find out which stocks and shares you can purchase, make or hold in an investor's stocks and shares ISA" (https://www.gov.uk/guidance/stocks-and- ... hares-isas) and that is no help, doesn't even mention 'reporting funds'.
One link I found on a search of lemon fool, https://the-international-investor.com/ ... e-held-isa , seems out of date (links fail) and overly pessimistic e.g. "US or Asian mutual funds ...are immediately ruled out.."
Lastly if they are not eligible, is it my fault for buying them or my ISA platform's fault for letting me?
I hold two China ones at the moment:
HSBC MSCI CHINA A UCITS ETF HMCA:LSE:GBP (ISIN IE00BF4NQ904) and
HSBC MSCI China UCITS ETF HMCH:LSE:GBX (ISINIE00B44T3H88).
My ISA platform had no problem letting me buy them, in my ISA, but I am a little alarmed to see them listed by FT.com as "UK ISA No".
I've looked at the List of reporting funds A to Z (https://www.gov.uk/government/publicati ... ting-funds) and they both appear.
I've also looked at Stocks and Shares investments for ISA managers "Find out which stocks and shares you can purchase, make or hold in an investor's stocks and shares ISA" (https://www.gov.uk/guidance/stocks-and- ... hares-isas) and that is no help, doesn't even mention 'reporting funds'.
One link I found on a search of lemon fool, https://the-international-investor.com/ ... e-held-isa , seems out of date (links fail) and overly pessimistic e.g. "US or Asian mutual funds ...are immediately ruled out.."
Lastly if they are not eligible, is it my fault for buying them or my ISA platform's fault for letting me?