ISA regular investor

edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
6 replies 836 views
ijthijth Forumite
25 Posts
edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
Hi

I want to invest £100 a month in a mini s&s ISA. I already have a mini cash ISA and have put in my 3k limit this year and i invest £50 per month in a Halifax regular investor mini s&s iSA. The Halifax ISA has done OK but it is a "steady-but-not-spectacular" savings plan and I want to invest in something that performs a little better. I want a fund that will give a good return over the next 12 years (likely to have twins going to uni in 2018ish) so am prepared to leave it untouched as it builds. Obviously I want to minimise charges too......

not much to ask, but any recommendations?

Replies

  • ChrismathsChrismaths Forumite
    931 Posts
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    Can't recommend specific funds. Not allowed - Forum rules, FSA rules.
    I'm an Investment Manager. Any comments I make on this board should be not be construed as advice, and are for general information purposes only.
  • cheerfulcatcheerfulcat Forumite
    3.3K Posts
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
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    ijth wrote:

    not much to ask, but any recommendations?
    You might consider a FTSE All Share index tracker. Minimum charges, same performance as most managed funds. Have a look at ETFs as well.
  • ijthijth Forumite
    25 Posts
    thanks. I understand that people cannot make specific recommendations. I guess I should have re-phrased my question along the lines of:

    "As a regular investor, where can I go to see a direct comparison of s&s ISAs?"

    there's so much info out there but is there an easy like-for-like comparison site?
  • dunstonhdunstonh Forumite
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    There is no such thing as a like for like comparison as there are no funds which are like for like. How do you compare a low risk commercial property fund against a high risk China fund?
    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.
  • EdInvestorEdInvestor
    15.7K Posts
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    ijth wrote:
    ...I invest £50 per month in a Halifax regular investor mini s&s iSA. The Halifax ISA has done OK but it is a "steady-but-not-spectacular" savings plan and I want to invest in something that performs a little better.


    OK, let's start from here. The ISA is just the tax wrapper.

    What fund(s) is your money actually invested in?
    Trying to keep it simple...;)
  • regularsaver1regularsaver1 Forumite
    4.9K Posts
    Sorry to interupt, I don't think you get a choice with the isa investor (Halifax) do you???? i think they allow you choose your level of risk and level of split
    I am not clue'd up as you probably can tell
    But for example:

    UK Growth Fund
    UK Equity Income Fund
    UK FTSE 100 Index Tracking Fund
    Corporate Bond
    UK FTSE All Share Index Tracking Fund

    Not too sure of the %'s but the bottom 2 have the most amount of shares

    am i doing something wrong if you can choose?
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