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L&G Multi Index Funds

Murmansk
Murmansk Posts: 1,210 Forumite
Part of the Furniture 1,000 Posts Name Dropper
in Savings & investments
If I buy direct from L &G it'll cost 0.76% per year.

Is it possible to buy it from anywhere with lower charges?

Thanks
«1

Comments

  • bxboards
    bxboards Posts: 1,711 Forumite
    They seem to be 0.31% from Hargreaves Lansdown
  • BLB53
    BLB53 Posts: 1,583 Forumite
    If you purchase via a low cost platform such as Youinvest or Ch Stanley Direct the charges are 0.31% PLUS the platform providers fee for holding funds. With Youinvest this is an additional 0.25%...with HL an additional 0.45%.
    We have a climate emergency and need to re-think investing strategies to avoid sectors that are part of the problem such as oil & gas and embrace climate-friendly options such as renewable energy.
  • chockydavid1983
    chockydavid1983 Posts: 717 Forumite
    Part of the Furniture 500 Posts Photogenic
    http://monevator.com/compare-uk-cheapest-online-brokers/
    On smaller amounts, percentage fee tends to work out cheapest, as the pot gets larger, then fixed fee tends to be better.
    http://www.comparefundplatforms.com
  • ewaste
    ewaste Posts: 300 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    I'd gather this is a direct result of the information provided in your other thread regarding Vanguard? In which case again I'd probably use a fixed fee platform and buy both Vanguard and L&G in whatever flavour you wish. It looks like I'm already late to the party mentioning this again :|


    (Might be worth having a look for "Snowmans Spreadsheet")
  • cloud_dog
    cloud_dog Posts: 6,426 Forumite
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    look here
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • Murmansk
    Murmansk Posts: 1,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thanks, I can't seem to find L and G multi index via Halifax Sharedealing?
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    Murmansk wrote: »
    Thanks, I can't seem to find L and G multi index via Halifax Sharedealing?
    This has come up before - they don't offer that range; if I remember rightly they had previously said it was because it was non-UCITS.

    There are some other funds which are notable by their absence at Halifax / IWeb. But if the Halifax platform does have funds or shares you want, their fixed fees can make them the cheapest place to hold them.
  • dunstonh
    dunstonh Posts: 121,262 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    What share class is charging 0.76% p.a.?

    L&G use class F if you invest directly. That is 0.50%.

    Class I is the platform version and class C is the super clean version.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • badger09
    badger09 Posts: 11,809 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    bowlhead99 wrote: »
    This has come up before - they don't offer that range; if I remember rightly they had previously said it was because it was non-UCITS.

    There are some other funds which are notable by their absence at Halifax / IWeb. But if the Halifax platform does have funds or shares you want, their fixed fees can make them the cheapest place to hold them.

    You do remember rightly:p. That is what I was told by IWeb some time ago.
  • Asghar
    Asghar Posts: 443 Forumite
    Part of the Furniture 100 Posts Name Dropper
    dunstonh wrote: »
    What share class is charging 0.76% p.a.?

    L&G use class F if you invest directly. That is 0.50%.

    Class I is the platform version and class C is the super clean version.

    If you invest in an ISA directly then it appears to be the Class R version of the fund, with 0.76% annual charge. I remember looking a few months back.

    Maybe you need to go through an advisor to invest in the Class F version?
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