Fund supermarket

G_M

I use Fidelity Fund supermarket to manage my ISAs.

I've just noticed they charge 0.25% to switch funds. Also seen that Chelsea Fund supermarket offer free switches.

Am I missing something? Is moving to Chelsea a no-brainer?

Totton

No you are not missing anything. The 0.25% switch fee was one of the reasons I moved from Fidelity to HL a few years ago.

grizzly1911

Cavendish Online don't charge, according to their website and they use Fidleity Funds Network.

dunstonh

The old Fidelity pricing had a fund switch charge. The current pricing does not. Move between the pricing models if you think its better.

maryjanell79

That's great that they don't offer a switch fee but make sure you check out costs overall before moving i.e. initial charges, do they keep trail commission, is there membership fees etc.

You can compare provider charges here: http://www.rplan.co.uk/compare

Does look like Cavendish are the cheapest.

G_M

maryjanell79 wrote: »

That's great that they don't offer a switch fee but make sure you check out costs overall before moving i.e. initial charges, do they keep trail commission, is there membership fees etc.

You can compare provider charges here: http://www.rplan.co.uk/compare

Does look like Cavendish are the cheapest.

Helpful, but

a) seems tobasically be an advert for rplan - is it reliable?

b) 'ongoing charges' seems very unclear. What is this?

bigadaj

Alternatively there is compare fund platforms which is unbiased.

However no system is perfect, I'm looking to put this years isa allowance into two of the vanguard trackers, and the cheapest, arguably at least, is Hargreaves lansdonw which are often thought of as expensive.

These aren't ona lot of comparators as they don't seem to trust the sites to be impartial.

The absolute cheapest is going to vary depending on your projections, and these will no doubt vary from the actuality.