Virgin Money FTSE Tracker ISA

MrMajic

I see that there's a £50 incentive through Quidco to open one of these, how would you rate the risk/return please when comparing to a standard cash ISA at around 3%.

Thanks

Cautious_Investor_3

MrMajic wrote: »

I see that there's a £50 incentive through Quidco to open one of these, how would you rate the risk/return please when comparing to a standard cash ISA at around 3%.

Thanks

Hi

A FTSE 100 Tracker is a completely different beast to a standard cash ISA, it carries more risk, should be considered a longer term investment, the value will rise and fall....need I go on?

Don't get hoodwinked by small incentives like £50, make the right decisions for the right reasons.

The Cautious Investor

dunstonh

The Virgin Tracker funds are pretty much the worst index tracking funds you can get. Just like most of the Virgin financial products.

MrMajic

Noted all thanks.

datostar

dunstonh wrote: »

The Virgin Tracker funds are pretty much the worst index tracking funds you can get. Just like most of the Virgin financial products.

Any reference to that brand makes me visualise a horrible leering hairy fizzog. That alone puts me right off!

dunstonh

datostar wrote: »

Any reference to that brand makes me visualise a horrible leering hairy fizzog. That alone puts me right off!

There is a joke in there but I am not sure the board has the necessary age ratings

sabretoothtigger

:huh:


50 incentive would be good if you were only putting a hundred in. It all depends, I'd say thats a very nice risk return ratio

L&G did something similar but wanted 1500, not so good


The FTSE 100 could half but most would say Ftse 2800 is fairly unlikely