What are subscription shares?
Subscription shares offer shareholders the right to buy shares at specified future dates or during pre-set conversion periods and at pre-set prices. They qualify for the stocks and shares component of an ISA, and it is this tax treatment that has made subscription shares a popular option for investment trust shareholders.
The value of your investments and the income from them can go down and up, and you may not get back as much as you paid in. Tax benefits and liabilities depend on individual circumstances and may change in the future.
Past performance is not a guide to the future.