Investment Fund 2023

  • Thread starter Thread starter nam
  • Start date Start date

nam

nam

nam

Soldato
Joined
18 Oct 2002
Posts
2,723
Location
London
Hi All
Happy New year. looking to start 2023 with a postive mindset. I would like to start setting up a new family fund with £500-1000 a month for long term growth 7-10 years, currently with H&L for S&S ISA and SIPP.

Has anyone setup something similar recently
 
Unless you need a particular fund I'd transfer it to somewhere with cheaper costs. I started with HL but now have everything in Vanguard.
 
Uther said:
Unless you need a particular fund I'd transfer it to somewhere with cheaper costs. I started with HL but now have everything in Vanguard.
Click to expand...
what's the current costs on vanguard. Is there costing per particular fund ?
 
thank you, just setup a 2023 S&S isa with 500 a month for lifestrategy 80% equity fund.
 
Zefan said:
Can you expand a little as to why you wouldn't use them?
Click to expand...

nam said:
this is for a longer term growth fund, not looking to make changes on a regular basis
Click to expand...

Currently, all of my S&S ISA is invested in Vanguard's FTSE Developed World ex-U.K Equity Index Fund – Accumulation.

I have a long-term horizon, and I'm open to a bit more risk at this stage of my investment timeline. LifeStrategy 100 could work, but I have enough exposure to UK markets elsewhere (property, pension, other savings), so the ex-UK is attractive to me. The Ongoing charge (OCF) of the DW ex-UK is lower than the LS100, and the long-term return has been higher.*

*past performance isn't an indicator of future returns and all that.
 
  • Like
Reactions: nam
Irish_Tom said:
Currently, all of my S&S ISA is invested in Vanguard's FTSE Developed World ex-U.K Equity Index Fund – Accumulation.

I have a long-term horizon, and I'm open to a bit more risk at this stage of my investment timeline. LifeStrategy 100 could work, but I have enough exposure to UK markets elsewhere (property, pension, other savings), so the ex-UK is attractive to me. The Ongoing charge (OCF) of the DW ex-UK is lower than the LS100, and the long-term return has been higher.*

*past performance isn't an indicator of future returns and all that.
Click to expand...
Basically a bet on the US economy having it all in an index fund like that, not bad per se but American stocks are still pricey compared to their averages. Mean reversion currently underway.
 
Last edited:
200sols said:
Basically a bet on the US economy having it all in an index fund like that, not bad per se but American stocks are still pricey compared to their averages. Mean reversion currently underway.
Click to expand...
Yeah, it’s about 73% North American stocks but with a bit of diversification, so it’s not quite as all-in as a S&P500 tracker would be (for example). I’m comfortable with that. :)
 
Last edited:
Irish_Tom said:
Yeah, it’s about 73% North American stocks but with a bit of diversification, so it’s not quite as all-in as a S&P500 tracker would be (for example). I’m comfortable with that. :)
Click to expand...
Great help, Thank you will add this to my monthly fund
 
nam said:
Great help, Thank you will add this to my monthly fund
Click to expand...

H&L dont charge fees for stocks or ETF's, you can buy a vanguard ETF on H&L.

However they will charge for roughly the first 10k within an ISA, which will bring you to the cap, which is £45/year.

Aside from that you pay the trading charge, however you can minimise that buy purchasing every 2 months or 3 months rather than every month

Vanguard fees, scale up to i think somewhere around £300/year, before you hit the cap.

So H&L would be cheaper at an account size of £150k+ or so, roughly.

Long story short, if you are buying ETFs/Stocks on H&L, the fees are not an issue.
 
You must log in or register to reply here.
Back
Top Bottom