Time to get started on an investment ISA.

dunstonh

Any fund that contains title aggressive, special situations, smaller companies or opportunities tends to be higher risk. You should note that in your research.

whiteflag_3

deemy2006 wrote:

Too much to read

But I suggest Investment trusts, So you can invest in say Japan, India, South Korea, Metals and other sectors including oils.

Why cant you invest in these areas via Oeics or unit trusts?

deemy2006

whiteflag wrote:

Why cant you invest in these areas via Oeics or unit trusts?

You could if you wanted to , but I would not touch them with a barge pole

tomstickland

Any fund that contains title aggressive, special situations, smaller companies or opportunities tends to be higher risk. You should note that in your research.

Oh yes, that was taken on board. I'm in a position where I can afford to take some risk, but I also have other money that I'd prefer to put into a more middle of the road situation.

whiteflag_3

deemy2006 wrote:

You could if you wanted to , but I would not touch them with a barge pole

Why not? care to expand im intrigued!

EdInvestor

tomstickland wrote:

OK, when MSE was down tonight then I got cracking on some research. I went to Hargreaves Lansdown and read up on funds. The thing that struck we was how easy it is to open an investment ISA. Things that stick in my mind were the Artemis European Growth fund - very interesting report on that one.

This is a good performer and a popular fund.As a result it has high charges.Makes sure you buy through a discount broker which will rebate these charges (like HL or Cavendishonline) if you decide you fancy it.

More info about it:

http://www.trustnet.com/ut/funds/?fund=4451

tomstickland

The charges are:
5.25% initial, 1.5% annual
HL savings are 5% and 0.25%
so it'll cost me 0.25% initial and 1.25% annual.

How does 1.25% annual fee rank? From randomly selecting other funds on the HL site then these values seem typical.

al_yrpal

That is typical in the way of charges. You can reckon on direct charges of about 1.25% on most funds if buying through a discount broker. 7.8% gain to date since buying Aug 2005.

It isn't a tracker though, its a managed fund.

Good Luck

tomstickland

Yes, I want to go managed fund route.

dunstonh

For reference and information, some advice IFAs will also recommend funds on discount terms so you get the same initial charge. However, they will usually keep the fund based trail to make up for it.

For that 0.25% you get fund recommendations, consumer protection on the recommendation and the administration taken care off. Also , depending on the amounts involved, you may also get portfolio management and reports.

It all depends on whether those things are important to you or not. However, it is handy to know for reference.