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Nationwide UT's - thinking about moving!
anotherdollar
Posts: 70 Forumite
I have a ISA unit trust with the Nationwide worth about £4000 and I invest £100 per month into 5 different funds (£20 each).
Target Return Fund.
High Income Fund.
Balanced Fund.
Tracker Fund.
UK Growth Fund.
I opened it because it was easy and I liked the idea of investing £100 into 5 different funds rather than two lots of £50 (£50 seems to be the minimum elsewhere). They also don't have a bid-ask price, so it seemed more transparant. No upfront charges either.
Basically, I don't think the funds are doing very well (especially the High Income Fund that doesn't appear to return an income), so I think it is time to move.
Basically, I would like to invest a similiar amount into 3 funds with the same provider rather than 5 funds (preferably 3 lots of £40). I would like to spread my risk, so:-
1) Low risk fund that copes reasonably well if the stock market crashes, but better than the saving rate.
2) UK tracker fund.
3) Growth\opportunity managed.
Can anyone suggest a provider that offers a suitable range of funds that are happy to accept a small investor like me? I want to keep the charges down and I want it simple. Preferably managed on-line with the same provider.
Target Return Fund.
High Income Fund.
Balanced Fund.
Tracker Fund.
UK Growth Fund.
I opened it because it was easy and I liked the idea of investing £100 into 5 different funds rather than two lots of £50 (£50 seems to be the minimum elsewhere). They also don't have a bid-ask price, so it seemed more transparant. No upfront charges either.
Basically, I don't think the funds are doing very well (especially the High Income Fund that doesn't appear to return an income), so I think it is time to move.
Basically, I would like to invest a similiar amount into 3 funds with the same provider rather than 5 funds (preferably 3 lots of £40). I would like to spread my risk, so:-
1) Low risk fund that copes reasonably well if the stock market crashes, but better than the saving rate.
2) UK tracker fund.
3) Growth\opportunity managed.
Can anyone suggest a provider that offers a suitable range of funds that are happy to accept a small investor like me? I want to keep the charges down and I want it simple. Preferably managed on-line with the same provider.
A shadowy flight into the dangerous world of a man who does not exist.
A young loner on a crusade to champion the cause of the innocent,
the helpless, the powerless, in a world of criminals who operate above the law.
A young loner on a crusade to champion the cause of the innocent,
the helpless, the powerless, in a world of criminals who operate above the law.
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