Free transfer between funds

dunstonh

Virgin's FTSE All Share tracker has a TER of 1%, and I believe the cheapest at the moment is HSBC's at 0.27%.

Vanguard and Blackrock are cheaper but you tend to find they are only present on IFA based platforms. That said, Blackrock have just launched class A trackers in September in addition to the already present class D ones. The class A ones will typically be aimed at the retail market whereas the class D tend to be aimed at the higher value platforms (Skandia and Novia for example and shortly Transact hopefully as I have asked to get them added on there and they are looking into it) and institutional market. I dont know the TERs on the class A trackers yet but the Class D are 0.22% for UK. One of the big advantages of blackrock (other than low cost) is the wider range. They have a global emerging market tracker for example as well as a corp bond tracker and gilt tracker (more common). The class A is a sub fund of class D and has performed slightly worse than the class D in the 1 month three weeks it has been running. That would suggest slightly higher charges.

redmalc

Hi can someone advise if it is correct that you cannot transfer from Fidelity Funds Network to HL as funds ,if that is correct do you have to draw as cash and lose the ISA wrapper because i was just about to look at transfering a substantial number of years S & S isa,s to HL

jimjames

redmalc wrote: »

Hi can someone advise if it is correct that you cannot transfer from Fidelity Funds Network to HL as funds ,if that is correct do you have to draw as cash and lose the ISA wrapper because i was just about to look at transfering a substantial number of years S & S isa,s to HL

You can still transfer within the ISA wrapper but they send the money to HL as cash so you then have to buy funds again in the HL ISA.

Stavros_3

where can I research the performance of s & s isa's, is there a table somewhere

Rollinghome

dunstonh wrote: »

I dont know the TERs on the class A trackers yet but the Class D are 0.22% for UK.

Blackrock UK Equity Tracker A is listed with an AMC of 0.55% which is a tad above the going rate.

Fidelity Moneybuilder UK Index has an AMC of just 0.10% but that isn't fully reflected in its return which trails some with a slightly higher AMC. For most people, unless they need the flexibilty of ETFs, the HSBC tracker funds, which are among the few trackers that H-L don't make an additional ISA management charge for, are likely to be the best bet. An alternative for those who want to grab the £50 cashback via Quidco would be an L&G tracker bought direct.

dunstonh

Blackrock UK Equity Tracker A is listed with an AMC of 0.55% which is a tad above the going rate.

So sticking to the class D versions is best then as expected.

le_loup

Stavros wrote: »

where can I research the performance of s & s isa's, is there a table somewhere

No such thing.
You need to look at FUND performance. Try Trustnet at http://www.trustnet.com/

Rollinghome

dunstonh wrote: »

So sticking to the class D versions is best then as expected.

Yes, rather than the Blackrock A class though perhaps worth noting that the D class has also done maginally less well than the HSBC FTSE All Share Index fund: 14.02%/35.58% up on one/five years for the HSBC offering as against 13.91%/35.23% for the BlackRock UK Equity Tracker D class.

In reality, so close that it could vary from month to month.

dunstonh

Rollinghome wrote: »

Yes, rather than the Blackrock A class though perhaps worth noting that the D class has also done maginally less well than the HSBC FTSE All Share Index fund: 14.02%/35.58% up on one/five years for the HSBC offering as against 13.91%/35.23% for the BlackRock UK Equity Tracker D class.

In reality, so close that it could vary from month to month.

I have blackrock (D) at 35.23% over 5 year compared to HSBC (retail) at 32.34%, HSBC (class A) at 34.10% and HSBC (institutional) at 35.58%.

So, anyone considering which platform to use needs to look at what versions of the funds are on offer with that platform

jimjames

Stavros wrote: »

where can I research the performance of s & s isa's, is there a table somewhere

An ISA is only a wrapper that can contain funds or shares or (if a cash ISA) cash. An ISA itself doesn't therefore have any performance. To look at how different funds have done in the past then sites such as Trustnet or This is Money have performance as do many brokers such as HL or iii.