Multi Manager Funds - Hargreaves Lansdown

purch

what do you mean adding them together?

The Multi-Manager fund will have it's own AMC, typically 1%. (i.e. you pay Lee Gardhouse 1% for picking a few funds you could easily have picked yourself)

Then on top of that each Fund that he chooses will have it's own AMC (although maybe not the whole retail AMC) that has to be added onto the multi-managers fee to bring you to the Total Expense.

cloud_dog

fimonkey wrote: »

oh now I'm confused.. what do you mean adding them together? If I choose a fund with an annual charge of 1%, what am I adding that to if that's the only thing I pay into? (regardless of whether its HL MM balanced fund, or one fund on its own such as aforementionde invesco)?

A 'Fund of Funds' in vests in one or more underlying funds. So, the actual fund Invesco High Income will take an AMC or 1%, and the Artemis Income fund will take a AMC of 1% and H-L will take an AMC of 1.5.

So, overall you are paying 2.5% AMC for your investment.

Dooooooooooooooonut

Aegis wrote: »

Pretty high then. After all, the material in numerical a-levels and degrees is generally pretty difficult to grasp.

:rotfl:

A-levels? Without exception, nope. Although I can see you didn't do A-level statistics!

Numerical degrees? Well I'm sure it's still hard to get a first at Cambridge Part II maths but in the general case... I simply don't believe you.

Lokolo

Dooooooooooooooonut wrote: »

:rotfl:

A-levels? Without exception, nope. Although I can see you didn't do A-level statistics!

Numerical degrees? Well I'm sure it's still hard to get a first at Cambridge Part II maths but in the general case... I simply don't believe you.

I did! I got an A in my statistics module for A Level Maths it was easy, but only because I enjoyed it. I didn't do so well in mechanics module

Also if A Levels etc. were so crap why do employers look at them?

Aegis

Dooooooooooooooonut wrote: »

:rotfl:

A-levels? Without exception, nope. Although I can see you didn't do A-level statistics!

Numerical degrees? Well I'm sure it's still hard to get a first at Cambridge Part II maths but in the general case... I simply don't believe you.

I did two a-levels in maths and an engineering masters degree, oddly enough at the institution you mentioned in your post.

Got anything better than this to complain about?

Dooooooooooooooonut

Well for god's sake do something useful with your life then, don't waste it as you seem to be set upon doing

And I don't remember anything terribly taxing in Riley Hobbes and Bence

Lokolo... what else can employers look at? A Levels are only useful in the sense the real no hopers can be thrown out... most professional jobs the only real way to see if anyone will be any good is to let them at it, despite what HR pseudoscientists will tell you (they're even worse than IFAs ) Free advice: As a rough guide, the more hoops you have to jump through to get a job the more of a bane HR people will be on your life in the job. Make friends with HR when you are starting out, then if you ever get into the position where it is possible make their lives hell. They are scum and they ruin great companies.

Lokolo

Dooooooooooooooonut wrote: »

Lokolo... what else can employers look at? Free advice:as a rough guide, the more hoops you have to jump through to get a job the more of a bane HR people will be on your life in the job. Make friends with HR when you are starting out, then if you ever get into the position where it is possible make their lives hell. They are scum and they ruin great companies.

Surely if they were that useless then they would ask for something else? Especially big companies, because people would do it so they could work for them

Dooooooooooooooonut

They weed out the morons, but they don't highlight genius, know what I'm saying?

And in reality it's maybe only the top 0.001% of people who actually matter - I'm not saying intelligence necessarily, something of a je ne sais quoi - but the rest of us are just grunts really.

Lokolo

Dooooooooooooooonut wrote: »

They weed out the morons, but they don't highlight genius, know what I'm saying?

And in reality it's maybe only the top 0.001% of people who actually matter - I'm not saying intelligence necessarily, something of a je ne sais quoi - but the rest of us are just grunts really.

Yeh fair enough I can see that. I'm doing Computer Games Programming and I have a placement at IBM! I know others who went to Kings in London and got rejected by them so I suppose being resonbly ok person is just as good as education!

Aegis

Dooooooooooooooonut wrote: »

Absolutely. Education is no substitute for natural intelligence. Compare someone like me (who has earned the right to be arrogant) to a dunderhead like Aegis, we both have good quantitative degrees from Cambridge but (s)he still refuses to think through my dice experiment and just assumes that their theoretical answer is right; even though they're using the wrong theory!

Ahh, yes, the childish insult game. That really helps your case, congrats.

There are a lot of them in finance. The majority, in fact - the deeper thinkers tended to either not find employment, not progress (generally because of managers that to steal Taleb's terminology were Fooled By Randomness), or seek more rewarding jobs.

It's only going to be getting worse as only those with a Masters or PHd get taken on (and btw I wouldn't be impressed by anyone with a masters in engineering from Cambridge, what Aegis isn't telling you is anyone that didn't get a third in their third year was allowed to go on to the forth year and get it, if I remember correctly... plus of course EVERYONE got an MA two yearsish after graduation) - these types (and there are exceptions, obviously) just aren't street smart enough, not even slightly.

Do you think there's something inherently wrong with signing up to the number one university in the country to do the number one engineering masters degree? You honestly think that just because Cambridge only offers the masters degree rather than a bachelors it is somehow unimpressive? That's pretty ignorant, if you're trying to make my achievements sound less impressive this way. Jealous?

I didn't even mention the MA, so I fail to see why you would bring this up.

All in all, it really looks like you're just trolling, so any decent point you were trying to make will now get lost in your childish behaviour. Congratulations, by dressing your arguments up like this, you're refuting them without me even needing to try.