where to open a S&S Isa

bigdog69

Hi, Is the H&L ISA the best way to buy funds?
I want to open a S&S ISA before this period ends in April so I can put this year and next year's allowance in it.
I've been looking at the Hargreaves & Landsdown Vantage ISA so I can mix and match funds (eg Invesco Corp Bond funds and some equity ones). Is the H&L Vantage the best vehicle do do this? I saw a thread about them having high fees - but I found the answers somewhat vague.
Also - if I know which funds I want is it cheaper to get them directly from the provider? does this make it harder to switch funds later?
And can I also put shares in the Vantage wrapper?

thanks a lot
Al

Lokolo

Their fees aren't high to be honest, it does depend which funds you go for though.

I use HL as do many others, service it good, I can always buy more funds with little amounts of £'s (even though it says on the site theres a minmum etc.etc)

Haven't used the other provider in the thread I think you're going on about.

If you know which funds you are going for then you can always look up the charges of each on the sites.

dunstonh

I saw a thread about them having high fees - but I found the answers somewhat vague.

That thread was wrong. Someone was mixing up a totally different service (discretionary invesmtent management) with the fund supermarket side. I also think someone threw in the HL multi manager funds which are a pointless waste of money. So, the whole thread was messy.

HL is perfect for the DIY investor wanting to use unit trusts and OEICs. If you want to go down the IT/ETF route they are not.

Lokolo

Just to go on from what the master said, if you want someone else to advise you it may not be worthwhile going to see one of HL's IFAs as they are very expensive and I don't think they tend to be awesome. Its the same with HL's Multi Manager Funds - don't go for them either.

bigdog69

i just want to be able to put the £3600 in and pick 3 or 4 funds

Lokolo

Thats fine with HL then.

bigdog69

dunstonh wrote: »

HL is perfect for the DIY investor wanting to use unit trusts and OEICs. If you want to go down the IT/ETF route they are not.

what is the best way to go with IT/ETFs?

cheerfulcat

Hi, bigdog,

Your best bet for ITs and ETFs is an ordinary broker.

max11

bigd!!!9 wrote: »

i just want to be able to put the £3600 in and pick 3 or 4 funds

Hi I'm in a similar situation, would lke to put£3600 in S&S ISA but don't understand anything about shares and funds!
What do you recommed me to do?
I tried to read about, for example here , here and at the links suggested, but probably I don't have enough time to have a clear idea before the end of the tax year.
Which broker should I use that can give me some advice?

My risk profile is medium-low, and to be honest it could be that I will decide to buy a house at the end of the year (that should be a good investment with the price still low). Can I withdraw those money if I need them or would it bettert to do not invest in shares?

thank you
any suggestion would be appreciated

max

sheslookinhot

If your thinking of using the money to buy a house, do not invest in stocks and shares. These are long term investments.