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How Many Funds
shiredeon
Posts: 228 Forumite
Hi, i have just switched my epp to a sipp, before retiring soon to france, having done more research it seems i will be better off investing in france with the rest of my wealth but i have 80k in the sipp that i can't do anything about, how many funds should i invest in,(for income)
Am i right in thinking the more funds the greater the charges,
I can't do much with these other than what's available on h, lansdowns site, or could i create a hyp and would this be more economic than a few funds from an investment point of view, obviously risk is another matter i will address seperately .thanks.
Am i right in thinking the more funds the greater the charges,
I can't do much with these other than what's available on h, lansdowns site, or could i create a hyp and would this be more economic than a few funds from an investment point of view, obviously risk is another matter i will address seperately .thanks.
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Comments
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Am i right in thinking the more funds the greater the charges,
No. Its percentage based on value. Not quantity of holdings.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.0 -
or could i create a hyp and would this be more economic than a few funds from an investment point of view
Yes and yes.Trying to keep it simple...
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Excellent, i presume H' lansdown's charges for share purchase reasonable or comparable to a discount broker then, cheers.0
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