Monthly Statement (Dumb Question!)

Okay, when I look at my Trading 212 ISA the Portfolio is £3500.

When I look at my monthly statement is shows closing balance of £5500.

Can someone explain what the closing balance is and why is it much higher than my portfolio?

I understood that if I closed the account I would have £3500. So what is the £5500?

The figures are not accurate, just for example.



Welcome to the Community :tada:

The “Closing balance” in the monthly statement represents your account balance on the month’s last trading day. The “Portfolio” in your account is the amount of equity you hold (in other words - your investments).

If you need further clarifications, send me a DM :ok_hand:

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