VWRL, VLS100, or VLS80 for SIPP?

jdw2000

Invested it in VLS80 in the end. I did want to invest it in L&G Multi Index 7 just for a bit of diversity, but it turns out that Halifax don't do that product.


Must say that I really like Halifax's new website. Really nice summary page showing all my accounts. Great site to use for anyone who does not do a lot of trading.

Ray_Singh-Blue

They don't, but if Vanguard offered a VLS120, VLS150 or VLS200 would you go for one of those? VLS150 would work like this. You invest a pound, they borrow 50p, and buy you £1.50 of shares.

jdw2000

Ray_Singh-Blue wrote: »

They don't, but if Vanguard offered a VLS120, VLS150 or VLS200 would you go for one of those? VLS150 would work like this. You invest a pound, they borrow 50p, and buy you £1.50 of shares.

Not sure it would work that, old chap, because VLS is a fettered fund of funds. My money (whether 80% of it, or 150% of it) is not invested in shares.... it's invested in a fund of funds.

soulsaver

A fund would give you actively managed without you having to do anything as it's all done by the fund manager?
Consider a global income fund like Artemis Global Equity Income or M&G's equivalent.

M&G's has beaten V100 over 1 3 & 5 years & YTD. If that continues for your 20+year span the diff could be massive...

Just saying you could consider.. DYOR.

soulsaver

jdw2000 wrote: »

Invested it in VLS80 in the end. I did want to invest it in L&G Multi Index 7 just for a bit of diversity, but it turns out that Halifax don't do that product.


Must say that I really like Halifax's new website. Really nice summary page showing all my accounts. Great site to use for anyone who does not do a lot of trading.

I think they've missed a few issues: On the summary page it fails to show pending orders - so it just looks like (say yesterdays £10k fund order) £10k has just disappeared out of your account.

And it isn't showing in the dealing history until it's placed.

And when it eventually appears in 'pending orders' it continues to show active status even 24 hours after it's been placed.

Further, there is no time stamp on your order visible to you, and you don't get an email/secure message saying you placed a fund order... so I say I placed it at 12.45am, they say the dealing desk says 12.45 pm & missed the cut off - £165 loss (missed gain) to me the other day... and potential gain for them if I'm cynical.

You like it? I say it hasn't cured much of its previous shortcomings; I agree it improved summary page, but that is still relatively poor IMO.

That's what I've found on the placement of only one fund order; TBF no issues with share dealing.. yet.

And they are competitive.

EdSwippet

soulsaver wrote: »

And when you finally find 'pending orders' it continues to show active status even 24 hours after it's been placed.

For some fund managers, but not all. I've found that trades on HSBC funds move from 'active' to 'executed' overnight. Vanguard seems to take a day longer, for some reason. Maybe just a less responsive fund manager. When it does move to 'executed', though, you get the correct fund price -- that is, what it would have been had Halifax got the acknowledgement from the fund manager in the same timescale as they do with HSBC.

soulsaver wrote: »

Further there is no time stamp on your order visible to you, ...

There is. Follow the Dealing -> Pending deals links, then click on one of the order ref codes. Under here you'll find the full details for that order: reference, date, time, buy/sell, amount, and stock.

soulsaver

EdSwippet wrote: »

There is. Follow the Dealing -> Pending deals links, then click on one of the order ref codes. Under here you'll find the full details for that order: reference, date, time, buy/sell, amount, and stock.

That's not what I mean by time stamped - i.e at the time I place the instruction - not something internally generated which could be 1 -48 hours later when you (I) see it; it has to happen in next to real time.
I want to know they've got the instruction and are working on it; and them to know I know they've got the order and the clocks ticking.

I was expecting to get an email acknowledgement which evidenced the time I issued the instruction - I didn't...because ref their CS, they don't send one for funds.

As it is IIRC I didn't get (pointed at) anything at all until at least 48 hours later when wondering what happened to my £10K and phoned to track it down.

I've got other funds to buy, so I'll document this so to be sure of my facts and come back with an update.

EdSwippet

soulsaver wrote: »

That's not what I mean by time stamped - i.e at the time I place the instruction - not something internally generated which could be 1 -48 hours later when you (I) see it...

As it happens, I placed an order in iWeb today, just before leaving for a gym class. Looking at it right now in my iWeb account, I see the exact date and time at which I placed it:

Order Details
MR XX XXXXXX, Share Dealing Account (CMA)
Order Reference: R062XXXXX
Order Date: 03/03/2017
Order Time: 08:53
Buy/Sell: Sell
Quantity: XXXX
Stock: XXXXXXXXXXXXXXX
This order has not yet been executed.

Surely that is a 'time stamp'? If not, then I don't know what else you expect here.

jdw2000

soulsaver wrote: »

I think they've missed a few issues: On the summary page it fails to show pending orders - so it just looks like (say yesterdays £10k fund order) £10k has just disappeared out of your account.

And it isn't showing in the dealing history until it's placed.

And when it eventually appears in 'pending orders' it continues to show active status even 24 hours after it's been placed.

Further, there is no time stamp on your order visible to you, and you don't get an email/secure message saying you placed a fund order... so I say I placed it at 12.45am, they say the dealing desk says 12.45 pm & missed the cut off - £165 loss (missed gain) to me the other day... and potential gain for them if I'm cynical.

You like it? I say it hasn't cured much of its previous shortcomings; I agree it improved summary page, but that is still relatively poor IMO.

That's what I've found on the placement of only one fund order; TBF no issues with share dealing.. yet.

And they are competitive.

How many times are you going to be doing all that though?


My usage is simply to invest in funds and then leave it alone. Log in every now and then and see how much is in there.


It's the cheapest site for me for all of my ISA, SIPP and Trading account in one place, and it has a nice enough summary page showing all my accounts.

Each to their own, but for someone like me who is a passive investor and doesn't trade, it's great.

soulsaver

EdSwippet wrote: »

Surely that is a 'time stamp'? If not, then I don't know what else you expect here.

Thought it was pretty clear: "...at the time I place the instruction ..."?