Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Despite its reputation as being a market of risky stocks, Aim-listed shares are proving increasingly popular with holders of tax-free Individual Savings Accounts (Isas).
The change in the rules that allowed Aim investments to be included in stocks and shares Isas came into effect a month ago and stockbrokers report no let up in demand since.
Graham Spooner, investment research analyst at The Share Centre, reported: “There has been a great deal of Aim activity in the last month, with investors opening Isas purely to transfer their existing Aim holdings into.As Aim shares often offer strong growth potential, albeit at a higher risk, many investors are taking advantage of being able to protect these potential profits from capital gains tax.”
The Share Centre reported a 203 per cent increase in Isas opened in August compared to the same month last year, fuelled by the fresh interest in Aim shares. Some 23 per cent of all Aim shares bought in the month at the broker are now being held in an Isa.
The five most-purchased Aim stocks since 5 August, according to the broker, are Rare Earth Minerals, Gulf Keystone Petroleum, Sirius Minerals, Fastjet and Monitise.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments