I’ve booked a ‘profit’ of £300 with ORIT.

The current profit for the SNOWBALL including earned dividends is £1,007 but a profit is not a profit until the underlying share has been sold and the cash is sitting in your account. Current yield 9.6% so still a hold for the SNOWBALL.

Remember you Snowball should be different from the SNOWBALL as it should reflect the number of years you have before you want to spend your income rather than re-invest all of it.