I have a s&s ISA with Aviva with my children's inheritance from my Nan. A fortnight ago I decided that the short term economic outlook isn't great, so I decided to sell out all my funds, mainly global trackers, to preserve my gains. - I know many will say don't try and time the market, I know all this, but for the next couple of months I can't see much my upside.
My idea was to switch it temporarily into a cash isa, but Aviva doesn't offer that product.
I don't want to transfer the Isa into other accounts as I have my own money parked elsewhere and I want to keep them completely separate so I don't comduse who's whose.
And as I said, this is only temporary as I want to get back into the market when things look better.
An alternative I have is to buy into short term money funds, Fidelity Cash for example.
My question is - with the Accumulation fund, I can only see 1 ex div date, does that mean that to get my monthly dividend payments, I have to time it right.
With the income option it appears the ex div is every month.
Obviously I want to reinvest, but as this is only temporary for a few months I don't want to mess up choosing the Acc if I most likely won't be paid if I've come in too late and exit too early.
Please can someone tell me whether the Acc also has a ex div every month?
The fund I was thinking was Vanguard sterling Short term money market.
Thanks