Regular Investing Service
The Share Centre, Share plc’s principal operating business, offers a Regular Investment Service which is a great way to build up your investment in Share plc quickly and easily. It can also offer the advantage of pound cost averaging, which is the ability to average out the buy price of Share plc, though it should be noted that pound cost averaging works best with investments that fluctuate in value.
Regular savings – the cost
As detailed in our 2010 Preliminary Results announcement, all customers of The Share Centre can receive commission-free dealing in Share plc shares in consideration of them maintaining their account and continuing as a customer. Accordingly, the only charge your Share plc purchase will be subject to is Stamp Duty of 0.5% and, for purchases over £10,000, the PTM Levy of £1.
A warning
Investing isn’t right for everyone. It’s well known that investments, their value and the income they provide can go down as well as up and you might not get back what you originally invested.
How do you setup a regular investment?
In order to set up a regular investment in Share plc, you need to have a Share Account with The Share Centre. Once you've opened a share account with The Share Centre, you can access the Regular Investment Service which works in 3 easy steps:
Step 1 You complete the Regular Investing Form, identifying the investment in Section 2 as "Share plc", and detailing how much and when you want to invest each month. The Direct Debit form is included as Section 3. Then return the form by post to The Share Centre Limited, PO Box 2000, Aylesbury, Bucks HP21 8ZB, allowing them at least 10 days from receipt of the form to the first direct debit date.
Step 2 The Share Centre will collect money by direct debit from yuor bank, credit your share account and make your purchase as instructed.
Step 3 You will be sent a contract note detailing your transaction including the quantity and the cost of the Share plc shares you have purchased.
What if you'd like to change your instructions?
If you decide to change the amount you invest, simply call The Share Centre's Dealing team on 01296 41 42 43: all they need is just two business days' notice before your next investment is due.
