My New ISA S/S - But Which Fund?

bigadaj

Eco_Miser wrote: »

The single management charge for a directly held fund may be more than the sum of fund charge and platform charge on an independent platform.
With Iweb, if I neither buy nor sell anything, there is no platform charge. (£25 to join, £5 transaction fee, SIPPS up to £180 annual admin charge)

I'd say a direct holding of a fund is probably, if not almost certainly, more expensive than through a non advised intermediary.

lpgm

ElizabethJane wrote: »

All giving me good food for thought - whoops - Fundsmith's price gone up again today!

The pound's going down again, so many fund prices are going up at the moment.

ElizabethJane

Think you've answer my question - it seems a no brainer.

A trifle annoyed that whilst I've been deliberating this week Fundsmith has gone up 10p! But i can see now that it's probably to do with the slide in the pound rather than an increase in the underlying asset.

Alexland

Yup my VLS and Blackrock trackers have also had a good rise. Don't use the value of sterling to decide your future path. The question is if you want to to remain concentrated and take sector risk or if you want to diversify and get average (but not less than average) market returns.

stephenadarglas

People sometimes complain about holidays costing more when the pound drops however I use the extra profit for when this happens as spending money on holidays - roundabouts and swings I suppose.