Simple question ?...Probably not.

copthis1

£15,000 to invest for approx 10yrs.....Vanguard Life Strategy 60 or L&G Multi index 5 (or 6)?

Merci.

AnotherJoe

Take one of the new £1 coins.
Flip it.
Heads VLS, tails L&G

Or, there would be no harm in going 50/50.

Linton

Either are suitable for new investors with relatively small portfolios. It probably doesn't matter much over the long term which you choose.

The funds are similar as they both invest in a range of index funds but have different objectives, VLS60 has chosen a % allocation between types of investment and sticks to it. The L&G varies the allocation over time with the purpose of keeping to a steady level of risk. An interesting comparison would be how the funds performed during a major crash. Unfortunately both funds started up after the 2008/9 crash, so we don't know the answer. So if you want to know exactly how your money is Invested perhaps VLS60 is appropriate, if you are more concerned about risk choose one of the L&G funds.

copthis1

Maybe 50/50 would be a good choice.

eskbanker

Unlikely to be massively significant with a £15K pot over a long time period but on many platforms two purchases (and eventually sales) will cost twice as much as one....

copthis1

Any ideas to the cheapest way of investing in the L&G fund?

bigadaj

On that sum then Charles Stanley direct would be as cheap as any I believe.

greatkingrat

If they are just putting in an initial lump sum and not making any further contributions, then a flat-fee broker like iWeb would be cheapest.