Cash is King... Preserving your Capital
If you are looking for a safe haven to preserve the capital of your Stocks and Shares ISA(s) in this period of stockmarket volatility, you need look no further than THE COFUNDS CASH RESERVE.
The Cofunds Cash Reserve allows you to switch your holdings into cash on a temporary basis, which can be particularly useful if you want to safeguard your holdings when market conditions are uncertain, or you are thinking of changing funds and haven't yet decided which funds to move to.
By switching to the Cash Reserve, you can maintain the current value of your ISA(s), preserve your ISA benefits and secure your ISA allowance until you've chosen a suitable investment opportunity. You have immediate access to get back into the markets when you choose to. There is a standard charge of 0.25% of the value of the switch when you go back into your investment funds, please also remember that funds held in the Cash Reserve must be destined for eventual investment.
If you are thinking of using the Cash Reserve facility, and your funds are already held within a Cofunds account, simply call or email on the details below, and we will send you the Switch Instruction form, then complete and post to us. We will do the rest for you.
If however your Stocks and Shares ISA(s) are not held by Cofunds, you can still transfer to them and the Cash Reserve. Please call or email us on the details below for further information and assistance.
For more Information contact our Investor Helpdesk on 0800 597 2525 or email enquiries@willisowen.com.