Help & FAQs

Will I always receive all of my IPO allocation?

No. In the event of the Offer being oversubscribed, your allocation may be scaled back. If this occurs, all excess funds will be held in the cash balance of your Selftrade Account.

Please note, if you have elected to participate across multiple account types TRA/ISA/SIPP, you will receive a scaled back percentage of the combined amount requested and the shares/bonds will be applied to your account according to our standard order of allocation: SIPP > ISA > TRA (up to the maximum requested in each account type).

For example if you elected to invest:

TRA - £1,000

ISA -  £2,000

SIPP - £1,000

Following a scale back of 35%, your combined election of £4,000 will be scaled back to £1,400 and the shares/bonds will be allocated to your account as follows:

SIPP - £1,000 (up to the maximum request)

ISA - £400

TRA - nil

Submitted on 25th Jun 2019

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Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

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