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inst acc and ret acc ....what's the difference?
Paulrm71
Posts: 55 Forumite
Apologies for perhaps a stupid question, but please could someone explain the difference between the two types of funds.....both are accumulators, but with varying levels of ease to sell perhaps?
Many thanks
Many thanks
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Comments
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Inst/Ret = Institutional and Retail versions of the same fund. May be a different in the charges for each so worth checking.Remember the saying: if it looks too good to be true it almost certainly is.0
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One is instituional, one is retail. They are sold to different types of people. Retail are usually available to public joe, institutional sometimes aren't.
They will have different charges.0 -
As they ^^ have said plus the institutional ones (e.g. for the likes of pension funds) usually have a very high initial investment."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
The retail ones are also becoming obsolete nowadays with clean share classes taking over.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Before Clean finds were available some platforms were happy to sell lower charge inst funds to retail customers. "Clean" has now removed the need.0
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Many thanks for your answers.0
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So what about super clean and the like, many funds still have three or four classes, though not all ae available to retail customers.0
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