A Regular Investment Plan is available to clients who have a Nominee Account. A list of instruments that are eligible for Regular Investment is available online at www.stocktrade.co.uk
You will be required to complete a direct debit mandate and specify the instrument(s) and the amount you wish to invest on a monthly basis. Forms are available on request or you can apply online.
The minimum investment per instrument is £25 per month and there is no maximum investment. The amount will be collected by direct debit from your bank account on the first business day of each month and invested on the 10th (or next business day) of each month.
You may cancel or change the amount of your monthly investment at any time by giving us not less than five business days’ notice in advance of our collection date. This can be done in writing or online.
There is a charge of £2.50 per investment. Stamp duty and a PTM levy (a £1 charge automatically levied for trades over £10,000) will also apply if applicable. Normal commission applies when selling any investments from your account.
Stocktrade is the trading name of Alliance Trust Savings Limited, which is a subsidiary of Alliance Trust PLC and is registered in Scotland No. SC 98767, registered office, PO Box 164, 8 West Marketgait, Dundee DD1 9YP; is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, firm reference number: 116115. Alliance Trust Savings gives no financial or investment advice. Calls may be recorded for training and security purposes.