Adding Standard Life to Portfolio

stevec46 | 09:49 Fri 07th Jul 2006 | Business & Finance

3 Answers

Hi,
I have set up a Portfolio with Monextra, so that I can watch to see how the Standard Life shares go when they float next week as I have deceided to keep mine.The question is can I add Standard Life to my portfolio now, or will I have to wait until Monday? If I do a search to add Standard Life to my portfolio, I see 3 options, but not sure what one to add, or will there be a new entry to add on Monday?

Thans

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WendyS

Am unsure exactly what you mean when you say "Can you add Standard Life shares to your portfolio". Do you mean putting them into an equity ISA? Or simply adding them to an existing collection of shares which you hold? If you put them into an ISA after they have floated tomorrow (offer price is 230p) without holding them for the full year before bonus shares are issued, you will lose your bonus shares but they can still go into this year's ISA if you haven't used up your allowance. If you hold them until July 2007 & then receive your bonus shares, you can put them all into the ISA allowance for 2007/8 if you haven't used up your allocation earlier in that tax year..
Can you explain exactly what this portfolio is? I'm assuming it is some kind of packaged deal offered by a broker in which you hold all your stocks and shares, rather than simply all your holdings held by yourself without the umbrella of a broker.

stevec46

Question Author

Hi Wendy,
Thanks for your reply.The portfolio I have set up is something on the web, all it is, is a way of monitoring the costs of shares, you can also see past performance, so you can see what there highest to date was etc.

Still don't know how to add Standard Life, any thought's?

Thanks

Steve

stevec46

Question Author

Just been on the reuters page:-

http://today.reuters.co.uk/News/newsArticle.as px?type=businessNews&*******=2006-07-10T072538 Z_01_L10299959_RTRUKOC_0_UK-FINANCIAL-STANDARD LIFE.xml

And looks like its doing well, opened at 230,currently 239, and they have initials of SL.L, but I can't find that on Meyextra, so will watch on Reuters for the time being

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