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What is a corporate action?

Occasionally, companies you have invested in will propose an event that will affect your investment in some way. These events are known as corporate actions.

Sometimes you'll be able to respond to these and choose how, or if, you participate. Other times the event will be mandatory.

To respond to a corporate action, you will need to log in to your online account or go back to your account summary. From here select 'Manage Investments' from the top of the page and then 'Corporate actions'. 

Once you're on the corporate actions page, click on 'View details' next to the action you want to respond to and you'll be presented with the options available to you.