Search found 1244 matches

by mc2fool
May 19th, 2019, 12:36 pm
Forum: Passive Investing
Topic: Charges
Replies: 31
Views: 907

Re: Charges

The HL charge in ISAs etc is only capped at £45 in respect of ETFs, ITs and Shares. The £45 cap does not apply to funds. No, it's a £4000 cap for funds. :D I hadn't really considered the £45 annual charge to be a 'platform charge', which applies to funds (Vanguard ETFs are not Funds for this purpos...
by mc2fool
May 19th, 2019, 12:07 pm
Forum: Brokers and Share Dealing
Topic: Best Broker to transfer to
Replies: 11
Views: 279

Re: Best Broker to transfer to

Yes, well, your "currently" was 9 hours after mine, so obviously the problem was fixed in the interim. Currently it's working, but in any case, Jarvis is another tiddler (£51m). I don't know but, "the problem" was likely a notified (weekend) service outage. Quite common with fin...
by mc2fool
May 19th, 2019, 9:49 am
Forum: Brokers and Share Dealing
Topic: Best Broker to transfer to
Replies: 11
Views: 279

Re: Best Broker to transfer to

I have just opened a Stocks and Shares ISA with HSBC to see how it goes. So far, OK but I want to see how it works over 6 months or so with dividend payments and reinvesting. Their flat fee is fine by me. As for their funds, I guess the ad valorem fee is reasonable if you think of it not so much as...
by mc2fool
May 19th, 2019, 12:36 am
Forum: Brokers and Share Dealing
Topic: Best Broker to transfer to
Replies: 11
Views: 279

Re: Best Broker to transfer to

I really do not want more than two accounts, outside of pension accounts. Didn't you used to have six, or does my memory fail me? According to Monevator the only other options for flat fee brokers that do everything are ShareDeal Active , which is a Jarvis offering that has telephone dealing only f...
by mc2fool
May 18th, 2019, 12:41 pm
Forum: Passive Investing
Topic: Charges
Replies: 31
Views: 907

Re: Charges

scrumpyjack wrote:Investing in ETFs (eg Vanguards) will not incur a platform fee on most brokers systems. Hargreaves Lansdown does not charge platform fees on Vanguard ETFs.

Actually they do in an ISA or SIPP. It's 0.45%pa on ETFs, ITs, shares, and bonds but capped at £45 for the ISA and £200 for the SIPP.
by mc2fool
May 18th, 2019, 11:54 am
Forum: Brokers and Share Dealing
Topic: Best Broker to transfer to
Replies: 11
Views: 279

Re: Best Broker to transfer to

I am also interested in moving part of my account away from ii, although just for diversification purposes and not because I am unhappy. I was going to move to HSBC but their 0.25% platform fee would cost me a four-figure sum each year. Current favourite is iWeb but haven't got around to it yet. Lo...
by mc2fool
May 16th, 2019, 11:53 am
Forum: Passive Investing
Topic: Charges
Replies: 31
Views: 907

Re: Charges

Yes fair point regarding the income units. I guess with the accumulation the half yearly divis there will be no transaction costs as the units are automatically reinvested? I was charged £12.69 to reinvest my January divi. HSBC charge you both a % account fee and dealing fees?!? Definitely time to ...
by mc2fool
May 15th, 2019, 9:55 am
Forum: Investment Trusts and Unit Trusts
Topic: Flexible IT's that aren't Capital Gearing or RIT Capital?
Replies: 11
Views: 1067

Re: Flexible IT's that aren't Capital Gearing or RIT Capital?

We will be making the sector descriptions and constituents much more prominent on the AIC website on May 28th. You will find it under the “Statistics” tab after this date. This is after a full sector review which we have carried out over the last year or so. A sneak preview is available here https:...
by mc2fool
May 15th, 2019, 1:11 am
Forum: Passive Investing
Topic: Charges
Replies: 31
Views: 907

Re: Charges

The fact sheet that you mention does show the charges at 0.41% but there are obviously additional charges on top. The fact sheet Ted linked to shows OCF of 0.07% and transaction costs of 0.09%, for a total fund (product) cost of 0.16%, and an account fee of 0.25%, so, no, there shouldn't be any add...
by mc2fool
May 10th, 2019, 11:24 am
Forum: How Do I Invest
Topic: LTI - Lindsell Train Investment Trust PLC - What's going on
Replies: 12
Views: 797

Re: LTI - Lindsell Train Investment Trust PLC - What's going on

In my head this was the sensible IT for boring but with growth potential. : My dilemma (and I know its a nice one to have) is that LTI has gone all bitcoin, by which I mean it has nearly doubled since this time last year (and had doubled over the previous 3 years), and I can't see any reason why it...
by mc2fool
May 9th, 2019, 10:03 am
Forum: How Do I Invest
Topic: Dazzled by Jargon
Replies: 32
Views: 711

Re: Dazzled by Jargon

Well TLA, given that you'd like to invest £100 per month into a global tracker a good option would seem to be buying the Vanguard FTSE Global All Cap Index Fund accumulation (ACC) units in a Vanguard ISA. The fund is an OEIC and so avoids the money-left-over issue that comes with only being able to ...
by mc2fool
May 8th, 2019, 1:21 pm
Forum: How Do I Invest
Topic: Dazzled by Jargon
Replies: 32
Views: 711

Re: Dazzled by Jargon

Halifax only charge £2 to buy in a Sharebuilder with no annual fee nor opening fee. Which is vastly more expensive than the Vanguard ISA, now that the OP says they'd like to invest £100 per month (and so qualify for the Vanguard a/c). The Vanguard ISA has no dealing fees and charges a 0.15% annual ...
by mc2fool
May 8th, 2019, 12:39 pm
Forum: How Do I Invest
Topic: Dazzled by Jargon
Replies: 32
Views: 711

Re: Dazzled by Jargon

I've got a Halifax account and can confirm that they will purchase fractional shares when using the cheap dealing offer. I use it to purchase irregular Vanguard Lifestyle 80/20 purchases... Vanguard Lifestyle 80/20 is an OEIC and one (except by luck) always gets fractional units, but I believe when...
by mc2fool
May 8th, 2019, 11:42 am
Forum: How Do I Invest
Topic: Dazzled by Jargon
Replies: 32
Views: 711

Re: Dazzled by Jargon

I've got a Halifax account and can confirm that they will purchase fractional shares when using the cheap dealing offer. I use it to purchase irregular Vanguard Lifestyle 80/20 purchases... Vanguard Lifestyle 80/20 is an OEIC and one (except by luck) always gets fractional units, but I believe when...
by mc2fool
May 8th, 2019, 10:44 am
Forum: How Do I Invest
Topic: Dazzled by Jargon
Replies: 32
Views: 711

Re: Dazzled by Jargon

Good points..how about a change of tack? Don't HSDL ( Halifax) do a cheap dealing offer once a month ~(£3) . To make it economical, the buys would need to be perhaps every 6 months such that the dealing costs are ~1%. £2, and I think they allow fractional share purchases when using the cheap dealin...
by mc2fool
May 7th, 2019, 10:41 pm
Forum: How Do I Invest
Topic: Dazzled by Jargon
Replies: 32
Views: 711

Re: Dazzled by Jargon

So, to help the OP, how about opening an account with Vanguard and drip feeding monthly sums into VWRL? Is this a possibility? Well, it would be a good choice except that the OP said they'll be putting in £50 a month and the Vanguard ISA requires a minimum of £100 a month. https://www.vanguardinves...
by mc2fool
May 7th, 2019, 7:39 pm
Forum: How Do I Invest
Topic: Dazzled by Jargon
Replies: 32
Views: 711

Re: Dazzled by Jargon

Your starting point is to seperate the ISA from what you do with the money in the ISA. First step then is to start an ISA and there are a number of major players with varying charging structures. Second step is to decide what to invest in... I disagree with both the separation and that order. As yo...
by mc2fool
May 6th, 2019, 10:31 am
Forum: Brokers and Share Dealing
Topic: "Source of wealth information" requested
Replies: 61
Views: 2088

Re: "Source of wealth information" requested

I found this: https://www. icpac .org .cy /zePortal/WebFi ... Wealth.pdf I don't know how relevant it is... .cy is Cyprus ICPAC, if you go to the English edition of the site's home page, you'll find is the Institute of Certified Public Accountants of Cyprus and the very first paragraph of the docum...
by mc2fool
May 5th, 2019, 12:22 pm
Forum: How Do I Invest
Topic: unitisation
Replies: 7
Views: 344

Re: unitisation

The problem is that with this method the fund value is now 15,000 but total investments are 20,000, that is a loss of 5,000 BUT unit value is still 100. That's not a problem, that's the fact, and the unit value is not still 100, it's dropped to 100 from the 200 it was when you, unfortunately, added...
by mc2fool
May 5th, 2019, 11:22 am
Forum: Brokers and Share Dealing
Topic: "Source of wealth information" requested
Replies: 61
Views: 2088

Re: "Source of wealth information" requested

The real issue for me (and my wife) regarding "details of the origin of the source of wealth" is in the amount and completeness of evidence required, and how much common sense is applied to assessing it. I am a little (just a little) surprised they're doing this given the uproar and negat...

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