Choosing between different index tracker funds

george4064

darkidoe wrote: »

So what would be the best way to go if you start building up your portfolio in mutual funds and then when you reach a certain threshold where its more beneficial to hold etfs, to transfer your whole portfolio to ETFs?

There isn't a definite answer, because the threshold level will vary for platforms with different pricing structures.

dunstonh

coastline wrote: »

Thanks for your reply...I was meaning the recent changes as I'm guessing its still possible for Virgin to reduce their 1% fee to say 3/4% and Fidelity to increase their 0.35% fee.

Virgin financial products are expensive. They rely on brand name. The Virgin pension is just as bad too. They do what they say but you end up paying more for a non-advised direct product than you would for an advised product. The whole point of DIY is to save money over advised. If advised costs less then there is something wrong with the direct product. Either greed or inefficiency or both.

People continue to buy Virgin financial products though. So, from a business point of view, it would be daft for them to reduce the charges whilst they can successfully retail them at 3 times more than the alternatives.