Investment fund split with £3k lump sum.

dan_cup

Hi, looking to invest in my first S&SISA.

I've got ten or so funds short listed atm.

I'm just trying to decide what ratio to split the tracker funds with low TER to the higher actively managed funds with the 4/5% initial fee and 1.5% AMC.

As you can see I only have £3k at mo but will be setting a reg investment up thru TD investing.

I'm looking for growth rather than income. Just want to try beat the high street rates.

Thanks for any help.

latecomer

Have a read of this thread:

https://forums.moneysavingexpert.com/discussion/4392271

Lots of suggested reading but remember its for long term investment. Also just have a read of the other similar threads as its a question thats asked frequently.

dan_cup

Thank you, I guess there is no correct answer its upto the individual.

You just read all the stuff about "spreading" and "not putting all the eggs in one basket" so just looking for an actual definition of you like of what that might be.

saintalan

dan_cup wrote: »

Thank you, I guess there is no correct answer its upto the individual.

You just read all the stuff about "spreading" and "not putting all the eggs in one basket" so just looking for an actual definition of you like of what that might be.

Hi

Well I think the spreading bit is right so get someone to do it for you like Vanguard as Latecomers link shows. It's a good thread with links to associated reading if you need more.

I am certainly thinking about it.


Cheers

Alan

dan_cup

Cheers I'm working my way through the link during breaks at work...

jimjames

You shouldn't be paying any lump sums for 4/5%.

Go to a fund supermarket like HL, Cavendish etc and you'll be able to get them all at 0% initial charge which will give an immediate boost to your investment to start with.

dan_cup

I've signed up with TD, just done a trial run of buying IP High Income acc fund, they discount the 5% which is great!