Vanguard Life Strategy v HSBC Global Strategy Dynamic Portfolio v Fundsmith Equity

ColdIron

Yes, that's right

loskie

OP if you can tie the money up for a considerable time it is worth considering holding the funds in a SIPP, that way you will benefit from the tax relief on the amounts paid in.

slapmatt

I am a massive fan of Fundsmith. It was one of the first funds I invested in when I started in 2012 and it is easily the best performer.

I have some of my SIPP invested in Vanguard Life Strategy (60) mainly because it is a lower risk fund.

Never really looked at the HSBC fund.

needhouseadvice

slapmatt wrote: »

I am a massive fan of Fundsmith. It was one of the first funds I invested in when I started in 2012 and it is easily the best performer.

I have some of my SIPP invested in Vanguard Life Strategy (60) mainly because it is a lower risk fund.

Never really looked at the HSBC fund.

That's good to know! Is the Fundsmith Equity (Class I) Accumulation Fund the same thing as the Fundsmith Equity T Acc Fund? Cavendish only offer the first one.

rathernot

needhouseadvice wrote: »

That's good to know! Is the Fundsmith Equity (Class I) Accumulation Fund the same thing as the Fundsmith Equity T Acc Fund? Cavendish only offer the first one.

Same fund, the I or T are the types and depend on the amount you put in.

I class needs a larger amount which is why it's usually the one the platforms offer whilst if you go direct to Fundsmith it's usually the T class.

needhouseadvice

rathernot wrote: »

Same fund, the I or T are the types and depend on the amount you put in.

I class needs a larger amount which is why it's usually the one the platforms offer whilst if you go direct to Fundsmith it's usually the T class.

Thank you. Got confused there. What would I do without this board!

bowlhead99

needhouseadvice wrote: »

Thank you. Got confused there. What would I do without this board!

Have to read the factsheet, prospectus or FAQ? Which you should do anyway before investing any significant amount of money into a fund.

Or you could just take everything you read from anonymous forum users as gospel, and dive right in

Fatbritabroad

bowlhead99 wrote: »

Have to read the factsheet, prospectus or FAQ? Which you should do anyway before investing any significant amount of money into a fund.

Or you could just take everything you read from anonymous forum users as gospel, and dive right in

Works for me :beer:

bowlhead99

Fatbritabroad wrote: »

Works for me :beer:

Fortunately the forum is relatively self-policing in that if anyone is talking complete nonsense they will invariably be gently (or angrily) corrected.

I find as long as you don't spend too much time reading the small gaps between the long bowlhead99 posts, you generally get to learn the good stuff.

aroominyork

bowlhead99 wrote: »

Fortunately the forum is relatively self-policing in that if anyone is talking complete nonsense they will invariably be gently (or angrily) corrected.

I find as long as you don't spend too much time reading the small gaps between the long bowlhead99 posts, you generally get to learn the good stuff.

Yup, and luckily bowlhead's New Year's resolution of spending less time on the forum went south. (I guess there's always the new financial year for him to straighten himself out.)