Hargreaves Lansdown charges.

JohnRo

Charles Stanley list 2817 funds in their Investment Search.

I can't be bothered going through them all but would guess something like 35-40% are Acc / Inc duplicates if the first few pages are anything to go by.

There's certainly no shortage of fund and platform options available that justify HL's charges imho.

cepheus

Linton wrote: »

I dont understand the basis for the iii figures. Where do you get the 1.03% from?

its the cost of the funds not the platform which is expensive for Interactive Investor and most others. Compare companies here


Average Fund Charges

Interactive Investor

TER: 1.37%
Rebate: 0.34%
Net: 1.03%

from http://www.comparefundplatforms.com/compareresults.aspx

Interactive Investor is the cheapest for those who have submitted their full costs, so I have used the maximum of 0.75% fund cost for HL who haven't, this undercuts Interactive Investor and works out similar after platform costs are included.

Perhaps I should make it clear this assumes basic OEIC managed funds in an ISA not trackers or investment trusts or anything like that

colalba

Freecall wrote: »

As a slight side issue, if anybody is thinking in terms of reported profit figures on the screen after moving, II's site allows you to set your own purchase price if you want.

thanks that is useful to know. What do you think of the rest of II's web site ?

KTF

I have a Vantage ISA made up of unit trusts which are worth a few thousand at the moment.

I have had a look at the new charges but have no idea if I will be better off (or not). Is there an easy way to work it out or should I be looking to move it to someone else?

Linton

cepheus wrote: »

its the cost of the funds not the platform which is expensive for Interactive Investor and most others. Compare companies here


Average Fund Charges

Interactive Investor

TER: 1.37%
Rebate: 0.34%
Net: 1.03%

from http://www.comparefundplatforms.com/compareresults.aspx

Interactive Investor is the cheapest for those who have submitted their full costs, so I have used the maximum of 0.75% fund cost for HL who haven't, this undercuts Interactive Investor and works out similar after platform costs are included.

Perhaps I should make it clear this assumes basic OEIC managed funds in an ISA not trackers or investment trusts or anything like that

I am not convinced by comparefundplatforms. Choosing one fund at random, Investec Diversified Growth, I note that the iii result is based on the A class of the fund with a rebate whilst Alliance Trust is based on the clean I class. You can of course buy the clean version from iii and get the same AMC without a rebate. This would put iii at the top of the list for that fund.

Now H-Ls 0.75% AMC maximum. Is that really the case? I could believe it for a restricted set of recommended funds where the creation of a special fund class for H-L may be justified. But for all their funds?

le_loup

Linton wrote: »

Which ones?

PFS Chelverton UK Equity
PFS TwentyFour Dynamic Bond
Unicorn UK Income

JohnRo

le_loup wrote: »

PFS Chelverton UK Equity
PFS TwentyFour Dynamic Bond
Unicorn UK Income

Just did a quick search and Charles Stanley has all those, clean priced, in both Inc and Acc varieties.

Rollinghome

le_loup wrote: »

This is very important. I don't do exotic funds but two of mine I can't find that any of the smaller platforms do.

There are also a lot of funds on the other platforms that HL don't do.

If you're with HL it's natural that you've mostly researched the funds they offer rather than funds not available to you. That's not to say if you'd been using another platform you wouldn't have found funds there that aren't available on HL or elsewhere.

There may also be facilities that you like on HL not available elsewhere. Similarly, I find it irritating that I have to place a fund deal on HL before 8.00 am and before the markets open rather than being able to place it up to the pricing point of 12.00 am or 4.00 am when I can see how the markets are moving that day as I can elsewhere - at far lower cost.

Forward pricing always means taking pot luck but using yesterday's prices feels like blind man's bluff.

Lokolo

le_loup wrote: »

PFS Chelverton UK Equity
PFS TwentyFour Dynamic Bond
Unicorn UK Income

https://www.charles-stanley-direct.co.uk/ViewFund?Sedol=B1FD646
https://www.charles-stanley-direct.co.uk/ViewFund?Sedol=B57GX40
https://www.charles-stanley-direct.co.uk/ViewFund?Sedol=B00Z1R8

Their "search" is not very good, but you can search by SEDOL by changing the URL.

Linton

JohnRo wrote: »

Just did a quick search and Charles Stanley has all those, clean priced, in both Inc and Acc varieties.

As does iii, both clean and err dirty. Bestinvest have all the funds but they dont sell clean classes yet.