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Post by eascogo on Jan 23, 2018 18:43:04 GMT
I've been with Terry since the start, you might also like Lindsell Train Thanks for the suggestion @bobo. LT progression over last five years is comparable to that of Fundsmith with a marginally lower net expense ratio [0.86% vs 1.06%] but the 4% initial charge seems punishing even though it's a one-off charge.
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macq
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Post by macq on Jan 23, 2018 19:01:05 GMT
I've been with Terry since the start, you might also like Lindsell Train Thanks for the suggestion @bobo . LT progression over last five years is comparable to that of Fundsmith with a marginally lower net expense ratio [0.86% vs 1.06%] but the 4% initial charge seems punishing even though it's a one-off charge. Would think fund platforms would not have the initial charge?
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Post by eascogo on Jan 23, 2018 19:03:55 GMT
Thanks for the suggestion @bobo . LT progression over last five years is comparable to that of Fundsmith with a marginally lower net expense ratio [0.86% vs 1.06%] but the 4% initial charge seems punishing even though it's a one-off charge. Would think fund platforms would not have the initial charge Initial charge given as 4%, see markets.ft.com/data/funds/tearsheet/summary?s=IE00B3MSSB95:GBP
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macq
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Post by macq on Jan 23, 2018 19:12:38 GMT
most funds offered on the likes of HL,Fidelity have no initial charge or it it is rebated and the managers fee may also come with a discount.Also if you look at your link the minimum investment is quiet steep  Would guess Bobo was talking about Lindsell train global equity? which is given as 0.55% with HL(and possibly the others) and has a 0.2% discount
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Post by eascogo on Jan 23, 2018 19:36:34 GMT
most funds offered on the likes of HL,Fidelity have no initial charge or it it is rebated and the managers fee may also come with a discount.Also if you look at your link the minimum investment is quiet steep Would guess Bobo was talking about Lindsell train global equity? which is given as 0.55% with HL(and possibly the others) and has a 0.2% discount My bold. Just as with Vanguard, the FT website indicates £100,000 as minimum investment but this is a fallacy. Vanguard [ www.vanguardinvestor.co.uk/need-help?query=] shows the minimum to be £500. It is £100 with Fundsmith and £1500 with LT. The higher minimum relates to institutional investment with corresponding lower charges applying.
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macq
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Post by macq on Jan 23, 2018 19:57:34 GMT
but you will save the 4% and LT will be a lot less then £1500 minimum with most platforms if you go that way
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jonah
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Post by jonah on Jan 24, 2018 6:37:22 GMT
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littleoldlady
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Running down all platforms due to age
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Post by littleoldlady on Jan 24, 2018 8:41:50 GMT
I certainly congratulate anyone who invested in Smith at the beginning, or who timed the market in any other way, and I wish that I had. But I am not buying S&S at this point. However at my age I do have a relatively short horizon and if you are younger, history suggests that S&S will be a good investment in the long run if you are prepared to ride out the slumps, the next one of which is on it's way although nobody can predict exactly when.
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Post by Deleted on Jan 24, 2018 8:47:49 GMT
Thanks for the suggestion @bobo . LT progression over last five years is comparable to that of Fundsmith with a marginally lower net expense ratio [0.86% vs 1.06%] but the 4% initial charge seems punishing even though it's a one-off charge. Would think fund platforms would not have the initial charge? I didn't pay 4%, used Old Mutual but it was a large amount of money so maybe I got a discount, but I would look around
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Post by nellerdk on Jan 24, 2018 13:47:00 GMT
it is always good to have a simple overview of complex issues.
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Post by nellerdk on Jan 24, 2018 13:49:10 GMT
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macq
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Post by macq on Jan 24, 2018 13:55:59 GMT
with regards charges on funds which has been mentioned in a few posts there is a feature on Trustnet today about the true cost of fees on the 100 most popular funds plus a table showing them
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Post by beeje13 on Jan 25, 2018 18:41:23 GMT
I've had a couple of days of losses due to the currency movements.
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shimself
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Post by shimself on Jan 25, 2018 18:58:31 GMT
I keep getting tempted by saltydog. Their thing is momentum investing in funds, and they do stay in cash when things look hairy. It's not a fund it's a weekly report (price $25/month) on a couple of portfolios saying buy this sell that with a raft of numbers if you are so inclined. www.saltydoginvestor.com/ |
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macq
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Post by macq on Jan 25, 2018 19:38:49 GMT
have read about them before and how they move you in an out of funds in the form of recommend portfolios (but don't think they invest or take money)Guess they must do ok to get people to subscribe,but while not quiet the same you could also pay £25 a month into a momentum ETF from the likes of ishares or Vanguard and hopefully do well
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