HL u-turn on investment trusts

black_taxi_2

this was the other

ALEX BRUMMER: Hargreaves Lansdown sets pace for some of smaller players by pitching charges low

what a bummer

aldershot

PippiShortsock wrote: »

If you're comparing VEUR with HSBC European Index Income Units Fund, the former states it tracks the FTSE Developed Europe index and the latter tracks the FTSE Developed Europe excluding UK index. So they are different indexes.

Thank you for that. I obviously need to do more careful research. I am not particularly wedded to the HSBC funds but I don't want to switch investments to save £500 in fees only to lose more than that in other charges and tracking errors. I think my philosophy is similar to many on this board. We cannot know which investment will be the best performer over any particular time period, but we can control the charge that is skimmed from whatever investment choice we make and reducing this to the minimum for the particular asset chosen will maximise the potential performance.

Glen_Clark

aldershot wrote: »

lose more than that in other charges and tracking errors.

Tracking errors can just as well work in your favour as work against you. So I suggest you concentrate on reducing charges because they always work against you

jamesd

If you have received a custom charges offer from HL please complete these two polls, preferably before you have decided whether you wish to accept their terms, so you're not bound by any confidentiality agreement contained within them:

HL customer charges custom offers
HL customer caps custom offers