What is Halifax ShareBuilder?
Halifax ShareBuilder allows you to make small, regular investments and hold shares in
lots of different companies. Buying small parcels of shares on a regular basis gives a
pound cost averaging effect. This simply means that buying over the long term averages
out any peaks and troughs in the share price. This is a cost effective way of buying shares
that can minimise risk and enables you to hold a wider portfolio.
How does it work?
You save a regular monthly amount into your Halifax ShareBuilder Account by direct debit
(or debit card). Starting from as little as 20 per month you then invest these savings
directly into the stocks and shares of your choice by setting up an online investment plan.
You set up an investment plan by choosing one of the four pre-advised days per month to buy
your shares and then you choose any number of individual company shares to put in your investment plan.
The commission is an incredibly low 1.50 per purchase.
Here's an example
If you were to select XYZ plc and invest £75.00, and the shares cost £3.63 each,
you will buy 20.146005 shares (that's £75.00 less £1.50 dealing costs, less £0.37
Stamp Duty, divided by £3.63 per share).
Here's how it's done
On the investment day you select, Halifax ShareBuilder takes your order and those of other
customers and buys the shares of each company as one bulk deal. The shares are then allocated
to you and each of the other customers according to the amount invested. The price paid for each
share and the number of shares bought, will be available online as soon as reasonably practicable
after the deal has been completed. Interest is paid on any cash you choose not to invest.
Additional purchases
As well as planned monthly investments AT £1.50 PER TRADE,
you may wish to make additional immediate purchases into your Halifax ShareBuilder Account using Halifax Share Dealing's real-time online dealing system.
The charge for buying and selling shares real-time is a flat rate of £11.95.
BT Group and BT (BT) accepts no responsibility for any information relating to third-party organisations featured on the btplc.com website, including; the Investor Centre webpages, all shareholder offers webpages, and ShareholderPlus webpages. While BT makes every effort to ensure details are accurate, we advise shareholders to check these with the organisations concerned. BT does not endorse any product or service of, nor does it verify any preferential treatment offered by, the organisations concerned. All queries should be directed to them. Certain offers and services featured are only available to shareholders with UK addresses.
This is an exclusive ShareholderPlus offer.
To sign up for ShareholderPlus, you need to
register for the BT
e-communication service, and have your dividends paid
directly into a bank or building society account, or
join the BT Dividend investment plan.
You will need your shareholder reference number - an
8 character number printed on your dividend information,
share certificate, voting documents or Easyshare statement.
If you have already signed up for the
BT e-communication service or Equiniti’s
Shareview service
