Ok then - How do I choose a S&S ISA!

xandertarr

I'm not sure if this is the best place to ask, but it seems generally relevant to the general level of discussion.

This might also sound a really silly question, but I haven't managed to find an answer so far from numerous searches. How would the annual management fees be collected?

Thanks,

dunstonh

How would the annual management fees be collected?

Either from the natural income the fund generates or by cancellation of units. So, both are done at source.

debbie42

xandertarr wrote: »

I

This might also sound a really silly question, but I haven't managed to find an answer so far from numerous searches. How would the annual management fees be collected?

It depends on what you're referring to?
For my Selftrade SSI, there is a quarterly ISA management charge of £6.25.
For my tracker, the management charge gets accounted for in the unit price.

jamesd

They are collected regularly so you don't see an explicit charge one month. They do show up as reducing the performance of the fund. Do remember to focus first on investment returns after fees (what the stats show in the common comparison sites), not the fees themselves.

Jennyi

I've found some funds that talk about accumulation or income. Can anyone explain? Than yiou.

jamesd

Jennyi, bonds pay interest, companies pay dividends. The accumulation or income choice is about what happens to that money. In the accumulation case the money is added to the value of the fund units to increase their capital value and sale price. In the income case, it's paid out to the consumers who own the funds. You'd normally pick the accumulation choice if you weren't looking for a regular income. You get the money either way, it's just a case of how.

moneylover

dunstonh wrote: »

I'm not impressed with that sector allocation. The typical sector allocation would take into account:
cash
UK fixed interest
international fixed interest (often ignored)
UK Property
UK Equity
European
N America
Japan
Far East Exc Japan
Emerging Markets
Global Specialist

I have just spent half an hour reading this amazing thread which was referred to in a posting on the main savings and investment board. I am bookmarking the thread as it is such an excellent discussion and too much to take in over one sitting. One question - I am up to speed on UK fixed interest (if its bank /building society fixed rates that this means) but know nothing about international fixed interest which is number two on the above allocation list. Can someone explain in a bit more detail how to find these,and evaluate and invest? Thank you.

dunstonh

One question - I am up to speed on UK fixed interest (if its bank /building society fixed rates that this means) but know nothing about international fixed interest which is number two on the above allocation list

UK fixed interest is not bank/building society fixed rates. That comes under cash. Fixed interest funds are gilts, corporate bonds etc. The sectors are often referred to as (depending on research provider and tax wrapper):

UK Corporate Bonds
UK Other bonds
Fixed Interest
Index Linked
UK Zeros

International would be internation versions of those. Typically coming under Global bonds or international fixed interest.

Also, Property means bricks and mortar property funds and not property share funds which are typically listed under global specialist. Mainly due to the risk difference (bricks and mortar commercial property is low risk. Property share funds are high risk).

stphnstevey

moneylover wrote: »

I have just spent half an hour reading this amazing thread which was referred to in a posting on the main savings and investment board.

Out of interest, which thread reffered you to this one?

Jackie079

Hi everyone,I have been reading this thread with great interest, as investing is something I am hoping to do. I am very new to all this and have been reading as much as I can, although I still feel a tad confused by it all. Bascially what I would hope to do is perhaps invest in collective funds (it seems less complicated), with a view to income and some capital growth. Would I be better consulting an IFA or could I go direct to a company such as Hargreaves Lansdown ? I understand that you can invest say £500 upfront and then invest say a further £50 per month ? I realise there is alot of information in this thread, but some of it seems a little too confusing for me at the mo, so any useful tips and advice would be greatly appreciated,many many thanksJackie