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Opinion/Advice....Any welcome

13

Comments

  • bostonerimus
    bostonerimus Posts: 5,617 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    copthis1 wrote: »
    Any opinions on the Lindsell Train Global Equity Acc....Is it worth paying more into monthly as well as the lump sum?

    My observation is that it's a very expensive fund.
    “So we beat on, boats against the current, borne back ceaselessly into the past.”
  • copthis1
    copthis1 Posts: 76 Forumite
    ......Is it?
  • Audaxer
    Audaxer Posts: 3,548 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Linton wrote: »
    Yes, choose the areas you want to invest in first and then choose the best funds to do it with. Best track records or analyst ratings are possible criteria but are far from being reliable. One I use is best performance during the bad times.
    Thanks, yes I've also been looking at how far they fell in 2008 and even most of the good UK equity income funds dropped about 40% or so then. Even one corporate bond fund I looked at had a similar fall in 2008 which surprised me.

    I've got most of my income portfolio in place. Just trying to find one or two other Global Equity Income funds/ITs to diversify further from the one I already have which is Fidelity Global Dividend W Inc.
  • Linton
    Linton Posts: 18,368 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    bostonerimus wrote: »
    My observation is that it's a very expensive fund.

    Perhaps you should observe a little further: performance over the past 5 years....

    Lindsell Train Global Equity: 19.8 24.4 26.0 5.4 31.8 Total: 161.0
    Vanguard Life Strategy 100: 18.1 16.1 8.5 6.5 24.3 Total: 96.8
  • bostonerimus
    bostonerimus Posts: 5,617 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 29 July 2017 at 1:54PM
    Linton wrote: »
    Perhaps you should observe a little further: performance over the past 5 years....

    Lindsell Train Global Equity: 19.8 24.4 26.0 5.4 31.8 Total: 161.0
    Vanguard Life Strategy 100: 18.1 16.1 8.5 6.5 24.3 Total: 96.8

    Yes I know the returns........that doesn't make the Lindsell fund any less expensive. If you believe that it won't revert to the mean over a number of years then buy it.....personally I would not own it.
    “So we beat on, boats against the current, borne back ceaselessly into the past.”
  • bostonerimus
    bostonerimus Posts: 5,617 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    copthis1 wrote: »
    ......Is it?

    You should know these things before you buy.
    “So we beat on, boats against the current, borne back ceaselessly into the past.”
  • copthis1
    copthis1 Posts: 76 Forumite
    It is 1.05%
  • jimjames
    jimjames Posts: 18,930 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    copthis1 wrote: »
    It is 1.05%

    Really? I just saw it listed as 0.75%? HL then discount to 0.55% if you're with them
    Remember the saying: if it looks too good to be true it almost certainly is.
  • copthis1
    copthis1 Posts: 76 Forumite
    My wifes ISA is with Fidelity......it's 1.05%
  • ColdIron
    ColdIron Posts: 10,041 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    edited 29 July 2017 at 5:33PM
    Have you added Fidelity's platform charge to the fund's ongoing charge?

    Edit:
    HL offer the D class which according to the fund factsheet has an OCF of 0.55%

    Fidelity offer the B class which is 0.75% plus 0.35% platform fee or 1.10% all in which tallies with the information on Fidelity's site

    Either way I'd say the OCF was pretty middle of the road or better for a top performing actively managed fund and hardly 'very expensive'
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