trading US shares in a SIPP

[cassiopeia]

Am I correct in believing that (unlike an ISA) shares denominated in US dollars can be bought and sold within a SIPP without the need of incurring currency fees of converting between Sterling and Dollars after each set of trades? Has anyone done this?

 

[1nvest]

Am I correct in believing that (unlike an ISA) shares denominated in US dollars can be bought and sold within a SIPP without the need of incurring currency fees of converting between Sterling and Dollars after each set of trades? Has anyone done this?

Only if the broker allows you to hold that denomination. IB for example will hold different currencies (I think also in its SIPP), so you buy using that denominated currency. Hargreaves on the other hand, will fleece/charge you for converting your GBP