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Anyone care to decide what they think of this investment fund?
Comments
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One of the High Street banks actually has an investment platform that can be cheaper than Vanguard's, since it is flat-fee, and zero % flat-fee at that.All looks very expensive and I struggle to understand why people tie up their investments with high street banks when there are such superior and simpler options with Vanguard who will do platform and VLS fund for 0.37pc total.
I wouldn't invest too much time trying to determine which bad high street choice is better or least worse.
It's not Nationwide Building Society though.Eco Miser
Saving money for well over half a century0 -
One of the High Street banks actually has an investment platform that can be cheaper than Vanguard's, since it is flat-fee, and zero % flat-fee at that.
It's not Nationwide Building Society though.
Which one is it then? I wonder if they make it up by offering a poor/expensive list of funds or expensive trading?0 -
Which one is it then? I wonder if they make it up by offering a poor/expensive list of funds or expensive trading?
i guess that refers to halifax share dealing (a.k.a. iweb), which is owned by lloyds banking group.
however, i very much doubt that, if you walk into a lloyds branch, and ask about investments, they'll even mention that cheap platform.0 -
Which one is it then? I wonder if they make it up by offering a poor/expensive list of funds or expensive trading?
Nope, it's arguably the cheapest platform available for moderate to large portfolios.
There's a few complaints about a lack of some funds, trading isn't as cheap as some but no more expensive than most, so a good option for many with a high five to six figure portfolio who don't trade too often.0 -
bengalknights wrote: »Goverment bonds are good long term investments
Presumably you're talking about UK Govt bonds?
I wouldn't put a penny of my money in them. They're overpriced via the BoE's QE program and the Govt debts are so high the only way out of it is for Govt to inflate it's way out of trouble0
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