Advice Needed for Newbie Wanting to Invest in a Managed portfolio

Craig660

bigadaj wrote: »

At your level of investment then hl would be fine, I think they charge a fee for transferring out so that needs to be factored in for the future.

Charles Stanley direct might be another option, have a look at birth websites. Hl fees are nearly double those of csd but that's only a few tens of pounds a year at your level, I wouldn't choose one of their suggested portfolios as their charges can often be high, vanguard lifestrategy is often quoted as a reasonable default fund, as it covers most of the developed world, rebalances automatically and has low charges but the black rock consensus and legal and general multi index funds are good alternatives, the latter is a bit more expensive but holds property and has some management input for good or bad.

Hi, thank you very much for your detailed response, much appreciated, I think I will go with your advice