Alternatives to Vanguard LifeStrategy

ColdIron

No, just like you can't have two savings accounts with a bank and expect £100k protection. The protection is at an organisation level

Murmansk

OP here
So IF I decided to buy more Vanguard funds via a supplier other than Vanguard direct - who has the lowest charges?

ColdIron

It depends upon several factors not least your investment style and the sums involved. What will be cheap for a £500 regular investor will be bad for a £500,000 lump sum one. Are you looking for an ISA, a SIPP or an unwrapped account? Have a look at the following links

https://forums.moneysavingexpert.com/discussion/5583030
http://monevator.com/find-the-best-online-broker/
http://www.comparefundplatforms.com/

Eco_Miser

nxdmsandkaskdjaqd wrote: »

So you can hold one VLS fund and another Vanguard Fund and have £100k of protection. Is that right?

ColdIron wrote: »

No, just like you can't have two savings accounts with a bank and expect £100k protection. The protection is at an organisation level

In both cases it depends on the unit(s) registered with the FSCS. For instance Halifax and Lloyds, both part of LBG, are separate for FSCS purposes so you could get £170k guaranteed between them.
In the case of Vanguard, I have no idea whether all the funds have one umbrella registration, or each legal entity has its own.

aj9648

Is it just me or has the vanguard performance in its lifestyle range this year been poor?

ColdIron

aj9648 wrote: »

Is it just me or has the vanguard performance in its lifestyle range this year been poor?

Do you mean the LifeStrategy range? It's performance is a consequence of its constituent trackers. Its trackers track an index just every one else's

badger09

aj9648 wrote: »

Is it just me or has the vanguard performance in its lifestyle range this year been poor?

Vanguard don't have a 'lifestyle' range. Do you mean LifeStrategy?

If so, which version do you mean?

Poor, compared to what?:cool:

JohnRo

aj9648 wrote: »

Is it just me or has the vanguard performance in its lifestyle range this year been poor?

Also, poor in what context? What are you comparing it with?

Last year was exceptional for UK investors holding global exposure in their portfolio.

grandst

LifeStrategy has a high effective bond duration which makes them sensitive to interest rates.

darkidoe

Linton wrote: »

You are already covered for liquidation of the fund manager or platform. Unlike the situation with depositing money in a bank, money invested in a fund remains your property. If the fund manager or platform ran into financial difficulties they couldn't use your investments to pay their debts. What would happen, and IIRC has happened in the past, is that management of the funds would be taken over by someone else.

Interesting. So there is less of an argument to spread our platform risks by investing via different brokers even beyond FSCS limits (£50,000 per person per firm for investment)??