Can I get income from my funds once I've transferred?
If the funds you hold on the Cofunds platform generate income then you can opt to have this paid to you by completing the relevant part of the application form with your bank account details when you transfer or buy your investment. Please note that Cofunds can only hold one set of bank details per Customer Number so you need to have your income paid to the same account as your cashback.
If your investment is already with Cofunds and you want to start receiving income you can write to them requesting this and stating your Cofunds customer number, the investment you want to take income from, and providing the bank account details of the account you want income to go into.
Other pages in this section that might interest you:
- Our Website FAQs
- Our Services FAQs
- Chartwell Direct FAQs
- The Investor Centre FAQs
- What can I do using the Investor Centre service?
- Who are Cofunds and why is Chartwell working with them?
- What is re-registration?
- It says that Cofunds hold my investments in a nominee account, what is a nominee account?
- Will I receive cashback on my investments?
- How is my cashback paid?
- Why does my bank statement say I've received Trail Rebate?
- What is the benefit of transferring to the Investor Centre service?
- What funds can I transfer to the Investor Centre service?
- How long will it take for my transfer to complete?
- I already invest with Cofunds through Chartwell, what do I need to do?
- What does it cost to transfer to the Investor Centre?
- What happens to my income if I transfer to the Investor Centre?
- What is equalisation?
- What happens to my regular savings once I transfer to the Investor Centre?
- Can I get income from my funds once I've transferred?
- When will I receive income from my investments?
- What is CNI?
- Can I transfer Cash ISAs to Cofunds?
- Not all of my investments are on my online valuation, why is this?
- What happens if I change my mind?
- Online Dealing FAQs
- Investment FAQs
- Getting in Touch FAQs
- Glossary
