Axa framlington managed balanced vs vanguard lifestrategy 80%

JPG82

Hi I'm looking to change from my hl special situations fund due to high price.

I'm looking at the above 2 funds and was wondering if anyone had any thoughts on the above.

I'm aiming to save £200 a month for 30 years so in it for the long run.

Also I'm looking at setting up a JISA for my 8 month old - £50 a month saving. Any suggestions for sectors I should be looking at him?

Thanks

Linton

Arguably a bit cautious for very long term investing. The Vanguard is 20% bonds, the AXA Framlington fund is undefined/variable but certainly includes bonds. Unless you want to slightly flatten out some of the fluctuations in the global market you could sensibly consider a 100% equity investment. As you are drip feeding a constant amount periods of very low prices are to your advantage as you get more fund units for your money.

Totton

Choosing an investment based on its cost is imho not necessarily the best way to go about things. I think you should also consider factors such as performance, outlook and the manager. The Axa fund is managed by Richard Peirson who has been there since the early 90's doing a good job, he would get my vote of the two but if choosing the VLS fund then why not initially start off in the 100% Equity fund at the start of a 30 year horizon.

My own personal choice would be one of the global Investment Trusts, they all offer a monthly savings scheme. Take a look at Witan, Law Debenture, Scottish Mortgage etc. http://www.theaic.co.uk/aic/find-compare-investment-companies?name=&az=&sector=Global&manager=&country=&region=&objective=&op=Filter&sort=&form_build_id=form-O7-_EnLoCEQYLpdHoByL9KfwxggSKKoumvCiRdcVHMQ&form_token=zQkSMlj0fis6GdZvhp0rauh9osF4KNvZ_4WsR-YhkM4&form_id=aic_data_search_form

HTH,
Mickey