Search found 246 matches

by nmdhqbc
May 18th, 2019, 7:42 am
Forum: Portfolio Management & Review
Topic: Can I compare my HYP to CTY annual growth?
Replies: 7
Views: 652

Re: Can I compare my HYP to CTY annual growth?

As I understand it you are comparing your total return with the share price of CTY. The latter does not include reinvested dividends, whereas yours does. It's from the AIC which does give total return. A quick guesstimate of the 5 year NAV without dividends on HL and it seems the 5 year share perfo...
by nmdhqbc
May 10th, 2019, 8:18 am
Forum: How Do I Invest
Topic: Dazzled by Jargon
Replies: 33
Views: 1065

Re: Dazzled by Jargon

The "accumulation (ACC)" bit means that the fund automatically reinvests dividends within itself, so you don't have to faff with that. I believe £50 a month was original mentioned. So if getting to £100 a month is not fully comfortable maybe the income (INC) units would be better. The inc...
by nmdhqbc
May 7th, 2019, 9:15 am
Forum: How Do I Invest
Topic: New to the game
Replies: 17
Views: 664

Re: New to the game

Somone investing relatively small sums monthly gets caught either way. There are Brokers who don't have custody charges on OIECs, but charge a dealing commission that can be a high percentage on small amounts. Yeah, so you can get caught to the tune of 0.45% with HL or to 0.15% with Vanguard to beg...
by nmdhqbc
May 7th, 2019, 7:25 am
Forum: How Do I Invest
Topic: New to the game
Replies: 17
Views: 664

Re: New to the game

nmdhqbc wrote:should not cost anything to move from Vanguard when the time comes.


Sorry, that's not quite right. iWeb charge £25 to open the account.
by nmdhqbc
May 7th, 2019, 6:57 am
Forum: How Do I Invest
Topic: New to the game
Replies: 17
Views: 664

Re: New to the game

Hargreaves and Lansdown account Global index tracker is great but Hargreaves Lansdown charge 0.45% for holding open ended funds. That gets your total costs for holding Vanguard FTSE Global All Cap Index to 0.69% which is very high for a tracker. There's broker comparison tables / articles on the we...
by nmdhqbc
May 4th, 2019, 12:12 pm
Forum: How Do I Invest
Topic: unitisation
Replies: 7
Views: 416

Re: unitisation

How I think your second example should work below in brackets. I've assumed no interest on cash for simplicity sake... 1. Initial investment 10,000 (20000: 10000 of which is cash) Unit Value (UV) = 100 Total Units = 10,000/100 = 100 (20000/100=200) 2. fund grows to 20,000 (10000 grows to 20000, 1000...
by nmdhqbc
May 4th, 2019, 11:43 am
Forum: How Do I Invest
Topic: unitisation
Replies: 7
Views: 416

Re: unitisation

I tried but failed to understand what your OP did. It did not make sense to me. But my suggestion of adding cash to the portfolio when it's available rather than when it's invested will I think help untangle the inconsistency you wrote about earlier. When I said "fund" earlier it was also ...
by nmdhqbc
May 4th, 2019, 10:16 am
Forum: How Do I Invest
Topic: First steps in investing
Replies: 39
Views: 1224

Re: First steps in investing

I’d also like to set up another account with HL and invest in Lindsell Train Global - less regular payments (extra income/ overtimes etc.) They offer discounted fund charge of 0.51% and no dealing fees on funds. They're sneaky ones those H and L. They save you 0.2% and then charge you 0.45% for hol...
by nmdhqbc
May 4th, 2019, 9:55 am
Forum: How Do I Invest
Topic: unitisation
Replies: 7
Views: 416

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. This is kind of the point of unitisation. It strips out the effects of market timing of when you buy the "fund". If you decide to add to...
by nmdhqbc
May 1st, 2019, 5:13 pm
Forum: How Do I Invest
Topic: First steps in investing
Replies: 39
Views: 1224

Re: First steps in investing

If you go down the passive route, I think it’s worth considering Vanguard as a broker, at least for the first few years. Fee’s for the first year on the amount you’re talking about should be less than £7. Something like £36 for halifax I personally don't see much advantage to buying every single mo...
by nmdhqbc
April 29th, 2019, 7:49 am
Forum: Investment Trusts and Unit Trusts
Topic: SMT Rebalance - Options?
Replies: 16
Views: 769

Re: SMT Rebalance - Options?

I wonder whether if you strip out the wonderful returns from FAANG from SMT whether the rest is anything special? Well this article seems to say their unquoted stocks outperformed. Not sure about quoted non-FAANG. https://www.investorschronicle.co.uk/funds-news/2018/11/08/scottish-mortgage-makes-41...
by nmdhqbc
April 23rd, 2019, 10:32 am
Forum: High Yield Shares & Strategies - general
Topic: Income IT’s v HYP – 5 years on
Replies: 26
Views: 2957

Re: Income IT’s v HYP – 5 years on

Perhaps more important, is the HYP (currently at 6.29%) has a much higher yield than the IT's (4.29%), and this has been the case throughout the 5 year period. If income is vital to you, HYP will give you more bang for your buck! 6.29% and 4.29% seem to be the running yields. Are those the right th...
by nmdhqbc
April 8th, 2019, 7:04 pm
Forum: Brokers and Share Dealing
Topic: Interactive increases monthly charge
Replies: 46
Views: 2482

Re: Interactive increases monthly charge

I'd have thought iWeb would have been cheaper even before the fee hike given they charge nothing if you don't trade and £5 a trade if you do. Just £25 to start I think.
by nmdhqbc
April 2nd, 2019, 1:50 pm
Forum: Brokers and Share Dealing
Topic: Hargreaves Lansdown: Info for CGT
Replies: 14
Views: 668

Re: Hargreaves Lansdown: Info for CGT

That would be correct as it is a platform fee. There are no HL dealing costs for buying and selling funds. Thanks guys. I guess in my mind the 0.45% is instead of the £5 buy and £5 sell fee in iWeb since it's levied based on the value of the fund(s). But it seems it is not that at all. Oh well, I g...
by nmdhqbc
April 2nd, 2019, 1:01 pm
Forum: Brokers and Share Dealing
Topic: Hargreaves Lansdown: Info for CGT
Replies: 14
Views: 668

Re: Hargreaves Lansdown: Info for CGT

https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg15280 Expenditure: professional fees You should allow a deduction for fees paid to a professional adviser only to the extent that they are directly referable to the cost of acquiring or disposing of each particular investment. To the e...
by nmdhqbc
April 2nd, 2019, 11:01 am
Forum: Brokers and Share Dealing
Topic: Hargreaves Lansdown: Info for CGT
Replies: 14
Views: 668

Hargreaves Lansdown: Info for CGT

I keep ongoing capital gains info but I'm thinking that HL don't seem to give all the info I need. The 0.45% platform fee for holding open ended funds should be subtracted from the capital gain. But they take the fees monthly all in one payment. So they don't tell us how much was for each fund owned...
by nmdhqbc
April 2nd, 2019, 8:13 am
Forum: Investment Trusts and Unit Trusts
Topic: Interactive Investor 'basket' of ITs for income
Replies: 41
Views: 3573

Re: Interactive Investor 'basket' of ITs for income

Alaric, unused CGT allowance and higher rate income tax. Thanks for the general comment. Runners and riders suggestions welcome. Accumulation units do not acheive this. You still pay tax on dividends and they do not contribute to any capital gain on your tax return. You'd need to choose investments...
by nmdhqbc
April 1st, 2019, 1:25 pm
Forum: Investment Trusts and Unit Trusts
Topic: Fundsmith - Terry Smith commentary.
Replies: 71
Views: 9265

Re: Fundsmith - Terry Smith commentary.

Same reason why anyone else would buy the 'I' class, to save 0•1% costs and you can buy them in small quantities through some platforms I believe. I have no idea about HL, I buy direct from Fundsmith and have no platform charges. Unless you invested over £5m then your platform fee is effectively th...
by nmdhqbc
March 12th, 2019, 6:16 pm
Forum: Beerpig's Snug
Topic: 1000!
Replies: 2
Views: 308

Re: 1000!

Every now and again I like to re-watch this...
https://www.youtube.com/watch?v=tIyfLTFrN_U
by nmdhqbc
March 8th, 2019, 7:05 am
Forum: How Do I Invest
Topic: Article in Telegraph on ISA Millionaires
Replies: 46
Views: 2672

Re: Article in Telegraph on ISA Millionaires

IanSmithISA wrote:I appreciate that this is the performance of a share not a trust or fund but in 2002 buying banks was seen as something that was safe over the long term.


So you already understand that this example ignores number 4 (too risky). So your example is not following the advise you profess to hate.

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